M&G’s with-profits capital backs first social rent purchase in £29m West Sussex deal
By IAN Editorial Desk
24 August 2026·1 min read
Primary source: group.mandg.com
The homes are split across shared ownership and social rent tenures.
M&G has bought 211 homes at Hyde Group's Wildbridge development in Yapton, near Chichester, for £29m.
The M&G Affordable Living Fund made the purchase, and the scheme's mix of shared ownership and social rent takes the fund into social rent for the first time.
Three kinds of capital sit behind the fund: government money from Homes England, pension money from…
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