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Vistry Group PLC

04 July 2023

4 July 2023

Vistry Group PLC

Vistry signs up to major new shared ownership scheme

Vistry Group PLC is pleased to announce that it has exchanged contracts with affordable housing provider Sage Homes and will be one of the first homebuilders to deliver their Home Stepper Housebuilder Shared Ownership model (HBSO).

In partnership, Vistry and Sage Homes will deliver an initial portfolio of around 800 shared ownership homes nationally, with a market value of over GBP250m including both Vistry Housebuilding and Countryside Partnerships homes.

Vistry Group Chief Executive, Greg Fitzgerald, said: "We have a long track record of working in partnership with Sage Homes to deliver affordable homes and to realise the house buying dreams of thousands of customers, and this is the latest exciting chapter in that relationship.

"As the leading provider of mixed-tenure affordable homes in the country, we are acutely aware that the ability of people to access the housing market is crucial to our economy and society, and we are proud of the part we are playing in that. We look forward to building many more homes and delivering many more dreams in partnership with Sage Homes through this Home Stepper scheme."

Ends

For further information please contact:

 
Vistry Group PLC 
 Tim Lawlor, Chief Financial Officer        01675 437160 
 Susie Bell, Group Investor Relations 
 Director 
 
 Powerscourt                                020 7250 1446 
 Justin Griffiths, Nick Dibden, Victoria    vistry@powerscourt-group.com 
 Heslop

Vistry Group

Vistry Group is one of the leading housebuilders in the country and delivers thousands of homes every year for both the private and affordable market places. We are a young and dynamic business, with successful Housebuilding and Partnerships divisions, and an exciting manufacturing operation called Vistry Works. The Group was formed in 2020 and the integration of Countryside Partnerships into the Vistry family in November 2022, has made us the biggest provider of affordable homes in the UK. The Vistry Group has an unmatched portfolio of brands, each with a rich history and strong reputation, and includes Linden Homes, Bovis Homes and Countryside Homes.

The Group has been awarded the 5 Star Rating by the Home Builders Federation following the latest home building industry's Customer Satisfaction Survey. For more information go to www.vistrygroup.co.uk

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July 04, 2023 04:00 ET (08:00 GMT)

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