WBD forge partnership to deliver affordable housing

Published by

Stephen Emerson

Rentplus-UK ltd and South Devon Rural Housing have signed an agreement to construct affordable rent-to-buy schemes in South Devon, Dorset and Somerset.

The deal, which was completed under the advisement of law firm Womble Bond Dickinson (WBD) will offer a pathway to homeownership for working families on low or middle incomes in the region.

The WBD team was led by legal director Samantha Orluta, who specialises in the delivery of residential housing development for clients across the UK. Womble Bond Dickinson is a transatlantic law firm with more than 1,000 lawyers operating from 27 UK and US office locations.

Samantha commended: "We're delighted to have advised our client on this exciting partnership with South Devon Rural Housing. This is a significant development for Rentplus and marks another big step in its journey to deliver award winning affordable rent-to-buy homes in every English county.

"Our legal expertise in real estate alongside our understanding of the local market enabled us to secure the best possible outcome for our client."

Steve Collins, Rentplus CEO, said: "Our new partnership with South Devon Rural Housing continues our ambitious plans to deliver affordable rent to buy homes across the south. These much needed new homes will make a vital contribution to helping the area's working families onto an affordable pathway to homeownership without the need for an upfront deposit.

"We're grateful to the WBD team for their continued support and the quality advice we have come to expect from the firm."

Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.