Homes England: Vistry Group
The question
To ask the Secretary of State for Housing, Communities and Local Government, what Home England's financial commitment is to Vistry, including subsidiaries and joint ventures, in terms of (a) funding under the affordable homes programme, (b) loans and (c) equity investments.
Answered by Matthew Pennycook
Under the Affordable Homes Programme 2016-23, Homes England allocated Vistry over £24m to deliver 670 homes, with the last payment in 2023/24.
Under the Affordable Homes Programme 2021-26, Vistry have been allocated over £252m to deliver 3,578 homes.
Homes England has made two loans to entities of which Vistry are part: The Sherford Consortium, which Vistory own 66.67% of, has a loan from Homes England of £32,000m. Stanton Cross Developments LLP, in which Vistry has a 50% share, has a loan from Homes England of £35,000m.
In terms of equity investments, Homes England and Countryside Properties (part of Vistry Group) contracted the £150m Joint Venture PlacePoint LLP in September 2025. Homes England’s investment in that venture totalled £60m.
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