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Barratt partners with government to build thousands of new homes

Barratt Homes England - A large white Barratt sign in front of a section of a new housing development in the UK. The housebuilder has set aside £192m to deal with legacy building safety defects.
The MADE Partnership comprises Homes England, Barratt and Lloyds Banking Group (Image: Telloimages via Dreamstime.com)

Barratt has entered a joint venture with the government’s housing agency, Homes England, to build multiple developments of 1,000 to 10,000 homes.

The long-term arrangement, called MADE Partnership, will act as master developer for the sites across the country.

A master developer is responsible for overseeing and managing the development of large-scale projects and coordinating the stakeholders involved.

MADE Partnership also includes Lloyds Banking Group and has been initially backed by equity funding of up to £150m.

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