Weston Homes has announced plans to invest up to £500 million in strategic land acquisitions over the next five years.

The goal is to further expand the company's £2.13 billion portfolio of pipeline developments, which will deliver over 7,500 new homes. These acquisitions will be made in outer London and the South East.

Weston Homes will look for sites that can produce anywhere from 100 to 1,000 units per site. These sites can be brownfield or greenfield, and they can be offered for sale with or without planning permission.

The housebuilder will focus on finding sites that are within ten to fifteen minutes of a train station or other public transportation facility.

Weston Homes will be looking for sites in Bracknell, Barking, Watford, Hayes, and Harlow, as well as commuter towns like Reading, Stevenage, Borehamwood, Hitchin, Brentwood, Woking, and Epping that are within 30 minutes of London.

Weston Homes is also interested in converting Grade II-listed or historically significant country houses, corporate headquarters, and educational or medical buildings that can be converted from the Victorian or Edwardian eras into new residential or mixed-use addresses. Some of their previous similar schemes include Royal Earlswood, Denham Film Studios, and Cambridge Military Hospital.

Over the course of the past five years, Weston Homes has acquired sites that will result in residential and mixed-use development worth £2.13 billion (Gross Completed Value) in outer London and the South East. These include 20 active sites with over 7,500 planned new homes, including traditional housing and large-scale urban regeneration projects.

Following the successful sell-out and completion of projects such as Denham Film Studios, Fletton Quays, Langley Square, and Victoria Central as well as the selling out of the initial phases of Gun Hill Park, Abbey Quay, and Edinburgh Way, the new £500 million land buying commitment follows a strong sales performance across the organisation.

Bob Weston, Weston Homes' Chairman and Managing Director, commented: "Due to sales success and the sell out and completion of several major projectsWeston Homes has allocated £500 million for land buying and are seeking attractive land opportunities to grow our development pipeline yet further.”

Weston Homes land buying department is headed up by Land Director Dawn Wylie who joined the business in 2006 and works closely with Bob Weston and Planning and Design Director Steve Hatton to identify land buying opportunities and bid on sites.

To reach Weston Homes' department of land acquisition, send an email to: land@weston-homes.com