A share of 927 new rental homes is being built across the Liverpool area, as part of a major project being delivered by Century 21 UK and sister company Direct Lettings.

The mix of new family homes and apartments is being constructed at four Merseyside developments in Huyton, Knowsley and Norris Green Village as well as 10 Greater Manchester sites after a wider nationwide deal was confirmed.

Century 21 will be handling tenant selection for new properties along with Direct Lettings, after the agents’ owner, Shepherd Direct has agreed to manage all lettings and property management for the overall deal by residential and urban regeneration specialist Sigma, with equity from Gatehouse Bank plc and bank finance. The joint venture will create Britain’s largest private rental sector portfolio.

Dan Pennington, director of the Century 21 Liverpool, which is currently planning expansion into the north of the city, says the houses will range from two to four bedrooms and the first are expected to be ready for February 2015.

He adds: “This is a fantastic opportunity to provide quality new homes to the rental sector in Liverpool and we are very excited to be the agent offering such a great unique product.

“Century 21 has been working hard on this deal for quite a while. We knew it was coming and it is very exciting to now have everything signed and the date for the first houses to rent.

“We will have full information and be doing a large ad campaign over the coming weeks.”

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