Kettel Homes has revealed an ambitious £150m strategy aimed at transforming homeownership opportunities across the Midlands, Yorkshire, and the North West. This new rent-to-own approach targets first-time buyers who struggle with traditional deposit requirements.
Over the next 18 months, Kettel Homes plans to acquire two, three, and four-bedroom single-family rental homes. This strategic move aims to assist households with incomes ranging from £35,000 to £75,000 per annum in stepping onto the property ladder. The focus is on providing newly built homes through established housebuilder partnerships, ensuring quality and compliance with high sustainability standards.
The homes are guaranteed to be highly energy-efficient, achieving at least a B EPC rating. This can lead to significant energy cost savings of up to £3,100 annually for tenants, supporting both economic and environmental objectives.
In support of the government’s commitment to housing, Kettel aims to contribute positively by offering housing solutions that align with both social and environmental goals. This initiative is crafted to benefit the broader community, addressing current housing shortages.
Most rental properties holding an EPC rating of D increase living costs and carbon footprints. Kettel’s focus on energy efficiency serves to alleviate financial burdens while supporting sustainable living practices.
By prioritising quality and energy-efficient homes, Kettel ensures long-term benefits for residents, contributing to the broader movement towards sustainable housing solutions.
Through this initiative, Kettel Homes is empowering individuals and families by providing pathways to homeownership that were previously unattainable due to financial barriers.
Kettel Homes’ £150m strategy represents a forward-thinking approach to address housing shortages through sustainable and affordable means. By integrating innovative rent-to-own options and utilising strategic partnerships, the initiative not only aims to aid aspiring homeowners but also enhances the overall housing market with environmental consciousness.