Growing affordable housebuilder Adderstone Living launches new Leeds office

Adderstone Living has opened a new Leeds office led by regional director Rick Long

North East affordable house builder Adderstone living has opened a new Yorkshire office in moves to meet demand for regionally based social housing design and construction.

The business, which was founded by Stephen McCoy and Peter Galbraith, works with key social housing providers including Karbon Homes, Gentoo and Places for People to deliver hundreds of homes across the North.

Now house builder has opened an office in Carrwood Park on the outskirts of Leeds, as part of its plans to drive growth across Yorkshire and become the developer of choice for social housing providers and the supply chain.

Directors say Adderstone Living is seeing strong demand from social housing providers looking to tap into its land-led solutions, which include sourcing land, designing schemes, and gaining planning permission to allow homes to be built in cities including Leeds and the wider area.

Led by recently appointed regional director Rick Long, who has experience in the residential house building sector, the new office will ramp up operations in Yorkshire. The office opening comes as the Government continues to push for the delivery of new homes to meet the chronic housing shortage and bring a halt to the decline in affordability of home ownership.

Mr Long said: “Adderstone has seen strong growth as demand for our services has soared. So it’s part of our business strategy to develop a permanent presence in Leeds and we saw that the time was now right for new investment to support the next phase.

“We are experiencing strong growth across core markets with a healthy order book and our new office strengthens our delivery capability. It’s a really exciting time for us and our team as we will be working closely with all our stakeholders to ensure we continue to deliver for our customers.”

At the end of last year the firm announced plans to establish a presence in the North West. The division’s first Yorkshire project, a 70-unit scheme in East Cowton with a gross development value (GDV) of £16m, launched last year.

Within accounts for parent company Adderstone Group, financial director Michael Shipley said: “To support rapid growth and regional diversification, Adderstone Living is actively pursuing key framework agreements. It has secured a place on the Homes England Delivery Partner Panel (DPP) and is targeting inclusion in other frameworks such as Prosper.