A new Portsmouth-based housing group has been launched with plans to build 1,200 homes a year.
Vivid Homes, formed after a merger between First Wessex and Sentinel, will build homes across all tenures and the new housing target is double what the previous housing associations delivered. Contracting out of new build work is set to increase.
Vivid Homes manages 30,000 homes across 20 local authorities in the South East, mainly across Hampshire and Surrey. It has around 70,000 customers and 1,000 staff, including its own construction arm called Vivid Build, and a repairs team.
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