It seems from the local paper today, that a housing association has taken over the old Hotel Vic site in New Brighton and will be building the planned 41 luxury flats and will be offering them at 80% of the going rate.
Why is a Housing Association getting involved in luxury flat building?
It all seems a bit odd to me, but maybe I am just a suspicious old fool.
Oh ye of little faith. There's a fair few housing associations with money to spend who could make use of these sites that have stalled due to lack of funds. Makes sense to get them built.
the company that owned the site went under and the site was sold quite cheap from what ive heard i think this can only be a good thing rather than it being half built