Henry Boot secures planning permission on appeal for 112 homes in
Yalding, Kent
Henry Boot (or "the group") announces that its land promotion and
planning business, Hallam Land (Hallam), has secured outline
planning permission on appeal for 112 homes on a freehold site in
Yalding, Maidstone, Kent.
Hallam acquired the 23 acre site in 2018, recognising its potential
in a high demand housing area. The site was later included in the
Emerging Local Plan, and in November 2023, Hallam submitted an
outline planning application in line with this
allocation.
Despite Maidstone Borough Council adopting its Local Plan (2021 -
2038) in March 2024, it did not make a decision on the application.
Hallam appealed in May 2024 on the basis of non-determination and
successfully secured approval in December 2024.
The planning consent for the site includes 112 homes (40%
affordable), new landscaping, habitat creation, and publicly
accessible green infrastructure, with over 20% Biodiversity Net
Gain calculated for surrounding habitats. Hallam will be actively
marketing this site in H1 25 and expects strong interest in the
opportunity.
Hallam continues to advance numerous applications with 13,146 plots
in planning including six active appeals, totalling c.3,000
residential plots.
Tim Roberts, CEO at Henry Boot, commented:
"This planning consent paves the way for much needed homes in the
South-East region and is expected to generate strong interest from
national housebuilders which would translate into a significant
transaction for the group this year. It also reinforces our ability
to unlock valuable land for residential development across the
country."
ENDS
Notes to
editors
Henry Boot is one of
the UK's leading land, property development, home building and
construction businesses - and we've been transforming land and
spaces since 1886. Listed on the London Stock Exchange since 1919,
we're renowned for quality, expertise, delivery and a partnership
approach across the group - which comprises, Hallam Land, HBD,
Stonebridge, Henry Boot Construction, Banner Plant and Road
Link.
Operating across the
UK, and employing over 500 people, we focus on three key markets:
urban development, industrial and logistics and residential. Hallam
Land has facilitated 52,000 new homes since 1990, managing one of
the top five largest land portfolios in the country, with the
potential to facilitate over 100,000 homes. HBD manages a
development pipeline of £1.3bn, the equivalent of 7m sq ft of
developments across our key markets, while maintaining a £107m
investment portfolio, of which 73% of the properties have an EPC
rating of 'C' or higher. Stonebridge, our jointly owned home
building business, manages a land portfolio capable of delivering
1,700 homes, with an ambition to deliver up to 600 new homes a
year.
Henry Boot
Construction has extensive experience in both the public and
private sectors, including major projects such as the £200m
regeneration of Barnsley town centre, and The Cocoa Works, a £57m
residential development in York. For over 65 years, Banner Plant
has supplied construction products and services, operating from
seven regional depots in the North of England.
We have also developed
an ambitious Responsible Business Strategy to help us meet our aim
of being Net Zero Carbon by 2030, and to deliver, by 2025,
charitable, community and education work valued at £1m.
From land promotion,
property development and investment to home building, construction
and plant hire, Henry Boot is where great places start.
henryboot.co.uk
Enquiries
FTI
Consulting
Richard
Sunderland/Giles Barrie
07894 797067 / 07798
926814
henryboot@fticonsulting.com
Henry Boot
PLC
Tim Roberts, Chief
Executive Officer
Darren Littlewood,
Chief Financial Officer
Daniel Boot, Senior
Corporate Communications Manager
07825
088807
dboot@henryboot.co.uk
henryboot.co.uk
Deutsche
Numis
Joint Corporate
Broker
Ben Stoop
0207 260
1000
Peel Hunt
LLP
Joint Corporate
Broker
Ed Allsopp / Pete
Mackie
0207 418
8900
