News

Time capsule buried at our new housing development in Banks

Our first building development in West Lancashire has been recorded as a moment in history, with the burial of a time capsule.

The ceremony (today, 1st February 2017) was attended by West Lancashire Mayor, Councillor Liz Savage, who was given a tour of the new development and show home by our MD, Jed Pearson and Development Director, Louise Davies.

Eight competition winners, students from local St Stephens C of E Primary School, also visited the site to see the time capsule buried.

To give future generations a glimpse of the village of Banks in 2017, the local school children helped to choose the contents of the time capsule; items that best represent what it’s like to live and/or go to school in the village. The contents include issues of local newspapers, a recent school photograph of St Stephens Primary, a school tie, a Lego model, and a popular book popular read by the students.

As part of the competition, the students were invited to complete a workbook, in which they explained what it’s like to live and/or go to school in Banks, and designed a futuristic family home which they expect will be built in 50 years’ time.

Mayor of West Lancashire Mayor, Councillor Liz Savage, said: “It was an honour to judge the competition; the children had obviously put a lot of thought into their entries. It will be interesting in 50 years’ time for them to see if any of their ideas are incorporated into future developments.”

The time capsule has been buried at the One Vision Housing ‘Old School Close’ development along Hoole Lane, which is on the site of the school’s former building. The near complete £3.7m development comprises 29 new homes; 5 three-bedroom homes, 12 two-bedroom homes and 12 one-bedroom apartments.

MD of One Vision Housing, Jed Pearson, said: “We’re extremely proud to be working with West Lancashire Council, on hopefully the first many new housing developments in the county. We have had high levels of interest in the properties available for rent and also for sale.

 “We would also like to say a big thank you to St Stephens Primary School, for helping us to celebrate this special occasion.”

We will be selling 11 of the properties through its shared ownership scheme (2 and 3 bedroom homes), however the majority are being let at affordable rent and allocated through the local choice-cased lettings scheme, West Lancs Home Finder.

Our shared ownership scheme has been set up to provide affordable opportunities for people to get onto the property ladder. Customers can buy a share of the new home (between 25% and 75%), depending on what they can afford. One Vision Housing will then own the remaining share, and will charge a reduced rent on this share. You can also own 100% when you’re ready.

We have spent £3,786,590 to build the 29 homes at the Old School close development, £616k of which was grant funded from the government Homes and Communities Agency.