Housebuilders have bought land for £1bn worth of homes in the latest phase of the development of the new Government-backed garden city at Ebbsfleet – the largest land purchase since the project’s inception.
Countryside Properties, Clarion Housing Group and Barratt Homes have struck a deal to buy land for 2,900 homes from landowner Henley Camland, which confirmed it had taken over the sites from original owner Landsec just last week.
The cost of the land is understood to be just under £300m to the housebuilders, with the finished value of the sites nearing £1bn.
