Borough council acquires 16 new homes in Shepshed

The properties at Jubilee Rise have recently been completed.

Charnwood Borough Council has acquired sixteen homes across two new build development sites in Shepshed.

Six four-bedroom houses on the Jubilee Rise development in Shepshed have been acquired, along with 10 houses on another development, consisting of one, two and three-bedroom houses.

Cllr Colin Hamilton, the Council’s lead member for planning and housing said: “It is vital that more housing is made available to the public and I am pleased that the Council has managed to acquire these properties in Shepshed.

“There is a need for additional affordable rental properties within the borough, and the acquisition of the properties will increase the council’s housing stock and contribute to meeting the need for affordable rental properties within the borough. 

“It is important that we work with developers to ensure that affordable housing is provided for our residents and that local services are receiving funding when development takes place.”

The properties at Jubilee Rise have recently been completed and the properties at the second development are expected to be completed between May and June 2025.

All 16 properties will be owned and managed under the Housing Revenue Account and let at social rent levels.