Press release

Moat partners with Bexley Council to launch new affordable homes in Sidcup

Last week Moat received the keys to 21 new affordable one- and two-bedroom apartments at Old Farm Place in Sidcup for affordable rent and shared ownership. These are the first ever affordable homes built by the London Borough of Bexley’s development arm, BexleyCo, and kicks off BexleyCo’s ambitious plans to deliver hundreds of affordable new homes over the next few years.

On 10 February, Sue Gower MBE, councillor for the London Borough of Bexley, was joined by representatives from Bexley Council, BexleyCo and members of Moat as she handed over the keys and attendees took a tour around the new apartments.

Russell Drury, Senior Land, New Business & Development Manager at Moat said: “Moat is delighted to have taken over management of our apartments at Old Farm Place and to be assisting Bexley Council meet some of its local housing need. This is our first scheme working in partnership with BexleyCo and we are really pleased with the quality of the finished apartments.”

Old Farm Place boasts traditional architecture and will provide 58 homes altogether, in a landscaped setting alongside parking and improvements to the adjacent park. The shared ownership apartments have been hugely popular, with all homes already either exchanged or reserved. Councillor Gower said: “These new homes will provide much-needed housing for Bexley families, and we look forward to BexleyCo building many more new, affordable homes for our residents.”

Michael Hill, Chairman of BexleyCo, said: “It is with great pleasure that we have delivered these quality affordable homes to Moat and in doing so supported the Council’s Housing Strategy which is a key aim of our company.”

We're looking forward to residents moving in and getting to enjoy their new homes.