Havering Council’s housing company one step closer in providing quality private homes to families
PUBLISHED: 15:42 02 May 2017 | UPDATED: 15:43 02 May 2017
The council’s new housing company has taken another step forward in providing young people and families with private rented accommodation.
Mercury Land Holdings Ltd (Mercury) has instructed Hera Management Services Ltd to provide property management services for Oldchurch Park, Romford.
The ambitious development programme aims to deliver more high-quality homes for market rent and some sale.
Some families have already started moving in but flats are still available.
Mercuy’s director Tom Dobrashian said: “This is an exciting first project for Mercury Land Holdings and we are delighted to be able to bring this high-quality accommodation to the private rental sector in Havering.
“We hope that this will be the first of many such projects which will go a long way to provide much needed, quality new homes to the borough and particularly enable the younger people and families in our borough to access a new home.”
Hera’s managing director Joanne Cox added: “We are delighted to be working with Mercury Land Holdings to manage their new private rental sector properties at Oldchurch Park.
“We pride ourselves on our relationships with our partners and are already providing property management services in other parts of London, so are well equipped to support Mercury with their ambitious plan to make high-quality private rented homes available to local people.”
Swan Housing’s regeneration of Oldchurch Park is Mercury’s first property acquisition.
It was chosen by the company because of its central location in Romford, proximity to amenities and transport links.
Some residents have already moved into the building but there are still flats available.
Phase 4 of Oldchurch Park will see Mercury offering 65 new homes for rent comprising one, two and three-bedroom homes.
Tenants will be offered a long-term lease, two hours of handyman support when they move in and free internet access.