Trafford Housing Trust has launched a commercial building arm which aims to complete 100 new homes every year for sale on the open market.
Laurus Homes will feed reinvest surpluses back into the 9,000-home landlord business to help it fund the development of affordable and social housing.
Laurus Homes’ first development, a scheme featuring nine luxury family homes in Sale, has already sold out off-plan, while work on a second development in the same area has begun.