Building works are under way on Lafford Homes’ first development.
The new housing company wholly owned by North Kesteven District Council is currently on site in Steam Court, off Station Road, North Hykeham, building 27 new flats for the private rented market.
It is anticipated the first tenants will be moving into the new homes in November this year.
Lafford Homes is a fresh approach towards meeting local housing demands. It will unlock more housing choice by building more homes for let at a market level rent.
The company operates through its own board of directors, using existing building firms to fulfils its projects, and will seek to raise the bar as an exemplar landlord, in terms of rental standards across the board.
Philip Roberts, Director, said: “It is fantastic to see work really get going on providing these much-needed homes in the District.
“Our contractor is on site and the construction is progressing well.
“Through Lafford Homes we aim to bring more housing choice to North Kesteven, with homes in places that people want linked to the facilities they need at a fair price.
“It is an innovative venture designed to stimulate the local housing market.
“We look forward to the completion of this development and to welcoming the first tenants at the end of the year.”