Dean Farm acquisition
Welborne garden village takes great step forward thanks to Buckland Development Limited’s acquisition of Dean Farm
Buckland Development Limited (BDL) and its principal, Mark Thistlethwayte, confirmed today that it has exchanged contracts for the purchase of Dean Farm, now controlling over 96% of the land identified for the new 6,000 home Garden Village of Welborne, situated to the north of Fareham. This represents a huge milestone for the delivery of this exemplar project.
BDL has been working on plans for Welborne for over 10 years and submitted an Outline Planning Application in early March for the whole 950-acre site, in accordance with Fareham Borough Council’s Welborne Plan. The High Court ordered Dean Farm to be sold on the open market in February and BDL announced its purchase today, via Welborne Land Limited, having prevailed over a number of other bidders.
BDL has supported the promotion of Dean Farm for several years. The 385-acre plot north of the M27 represents approximately 40% of the land selected by Fareham Borough Council for Welborne.
Mark Thistlethwayte, Principal of Buckland Development Limited, commented:
“We are delighted to confirm the purchase of Dean Farm and thereby bring together under one ownership the vast majority of the land required for Welborne. We have been working on this acquisition for a very long period and are pleased the legal hurdles have been overcome. We have been working with our delivery partners to ensure that we can deliver the new community in the form that meets the expectations and aspirations the community expect to see.
“We have stayed true to our vision for Welborne and want to make it an exemplary development that represents a new generation of sustainable communities for future generations. We have been supported along the way by local focus groups and look forward to working with Fareham Borough Council to achieve our mutual objectives in line with our planning application.”