Northern Trust’s Strategic Lane Team Enjoys Successful 12 Months

The Strategic Land team at Northern Trust has enjoyed a successful 12 months, finishing the financial year off strongly with completions on five residential land sales including sales to Vistry, Gleeson & Bellway which will see the delivery of over 1,000 new homes. During the year, the team has also secured new promotional sites with a mixture of PLC’s and Private landowners for over 1,000 acres.

Looking forward, the team is actively working on a further ten, live mixed used planning applications with the potential to deliver another 3,000 homes alongside employment space in the next 12 months.

Northern Trust is one of the most successful and long established land promotion company’s in the Country, with a land bank of over 5,000 acres, and is actively looking for further residential and commercial land opportunities to purchase or promote throughout the UK.

To read the full press release please click here. 

Northern Trust Secures Sale of Housing Site at Gedling to Miller Homes

Northern Trust Company Ltd is pleased to confirm that, working alongside the landowner, they have completed the sale of a 10 acre site in Gedling, Nottingham to Miller Homes.

The site is owned by Midlands Land Portfolio Limited (MLPL), the property development arm of Severn Trent, with Northern Trust acting as their planning promotion partner. Northern Trust secured planning permission for the site and worked alongside MLPL on the marketing process through to disposal.

The site which is located off Burton Road was granted outline planning permission for up to 120 new homes by Gedling Borough Council earlier this year. Alongside 120 dwellings the development provides significant local benefits in the form of 20% affordable housing, public open space, financial contributions towards primary school provision, library and health facilities and bus stop enhancements.

To read the full press release please click here.