Whilst the UK's major house builders are putting their construction programmes on hold, a Northamptonshire development is actively looking for individuals who want to build their own dream home.

A parcel of land at Oakley Vale, on the south eastern edge of Corby, is being marketed as twenty self-build plots by Savills on behalf of Places for People, one of the UK's largest property management and development groups. The land, on the site of an old gravel quarry, is Phase 5 of a pioneering development managed by Cofton, the Birmingham-based land regeneration and development specialist.

Individual plots range in size from 300 to 650 square metres and most have road frontages. All are suitable for a detached two-storey property of between 120 and 195 square meters, leaving good sized gardens with open views. The plots are offered for sale, with outline planning permission, at an average guide price of £125,000.

Ivor Lafford of Savills in Milton Keynes says: “This sort of opportunity doesn't come up very often. It's a wonderful chance for enterprising people to have their own house built to their own design. Places for People is very keen that there should be a good mix of styles, although individual designs will need to be approved by them and the local authority.”

Whilst it is expected that many interested parties will be couples looking to downsize and release sufficient equity from their existing family homes, Savills Private Finance is offering financial assistance packages to prospective purchases who require funding.

With well over 1,000 homes already sold, one final phase of housing remains to be built at Corby Vale, which is well served with shops, pubs, small businesses, a primary school and technology college.

For more information, contact Savills on 01908 508201.

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Notes to Editors: • Savills is a leading global real estate service provider listed on the London Stock Exchange. Established in 1855, Savills has a rich heritage with unrivalled growth. It is a company that leads rather than follows, and now has over 180 offices and associates throughout the Americas, Europe, Asia Pacific, Africa and the Middle East www.savills.co.uk and www.savills.com • Places for People: As well as being one of the UK's largest property management and development groups, responsible for nearly 60,000 homes, Places for People is a major developer and provides a range of social support services including affordable childcare nurseries; elderly care support and financial services such as mortgages and low-cost loans. It has over 130,000 customers and provides solutions that focus on making neighbourhoods prosperous, popular and therefore sustainable into the future. Its vision for regeneration is not just about delivering housing and community facilities, but also delivering genuine choices and opportunities. This includes choices about whether to rent, buy or have an equity stake, and about the environment, training, employment and childcare provision in a place. • Cofton Ltd specialises in the regeneration of brownfield sites across the UK for delivery to a variety of other clients in the public and private sectors. In business for over 30 years, Cofton has established an unrivalled reputation in the successful development of complex sites, acquiring land from significant landowners such as the Secretary of State for Health and Ministry of Defence and delivering 'oven-ready' land to the construction industry and house building market. Since 1972 Cofton has developed over 3,000 acres of land with a sales value in excess of £1,000 million. Major current projects include the largest single new development in Norfolk that includes 1,365 new homes and 3,000 houses being built on the former quarry site at Oakley Vale, Corby. Development of the fourth phase has been brought forward two years ahead of schedule. Cofton has more than 40 different developments across 36 counties in England and Wales. It has more than 900 acres of land in development and is working with 19 different national and regional housebuilders.

Ivor Lafford, Savills Milton Keynes: 01908 508211 ilafford@savills.com

Helen Hutt, Savills Oxford press office: 01865 269113 / 07831 682092 hhutt@savills.com