Wates to build £86m Guildford Council housing scheme

Wates Group has agreed a partnership deal with Guildford Borough Council to develop a site in the heart of the Surrey town
The £86m Guildford Park Road development will transform a car park site into an urban neighbourhood of 248 homes with 40% affordable housing.
The council is committing up to £40m from the Housing Revenue Account to buy the affordable housing, adding to the 5,000 council homes it already owns and manages.
The initial proposals include 98 new affordable rent and sh