Development Hampshire Press releases

We're pleased to announce our acquisition of Bargate Homes

We've acquired Bargate Homes as part of our ambitious housebuilding plans to develop 17,000 more homes in the south over the next 10 years.

 

Our Chief Executive, Mark Perry, said:

“There continues to be a critical shortage of homes for people wanting to live in the region, which we’re doing all we can to help address. Bargate currently has around 2,500 plots secured for new homes giving us access to the extra land we need to maintain the momentum of our housebuilding programme. In addition, their expertise in land management and construction complements the skills of our team meaning that together we can achieve much more than either business can individually to meet our customers’ needs and aspirations.

 

“Central to our vision of creating more homes and bright futures is giving more people a safe and secure place to call home. This is vital to everyone’s health and wellbeing. We’re firmly committed to our social purpose of providing as many truly affordable homes across a range of tenures to suit our customers’ different needs and circumstances. This includes homes for social and affordable rent, shared ownership, market rent and private sale. By acquiring Bargate we’ll have the extra capacity and expertise to make sure we achieve and possibly even exceed our ambitions across Hampshire, Surrey, Berkshire and West Sussex.

 

Gerard Price, founder of Bargate Homes, said:

“Since Bargate’s  inception we’ve had a vision of creating a truly different home builder and we believe that after 12 years of passionate hard work by an ever-growing team of likeminded people, whilst not the finished article, we have realised that vision. Becoming part of VIVID will allow us to continue to develop our customer focussed business, building more individual homes in this beautiful part of the country that we choose to call home.”

 

Both businesses will retain their own identity, values, people, ways of working and approach to housebuilding, and will continue to work with a wide range of existing partners as this is what is driving the success of both.

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RT @Pez_mark: Great stuff, very proud of our staff and the job they do @WeAreVIVIDhomes . I’ll make you a cuppa anytime Lauren! https://t.c…

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