Pair have been at government agnecy for past four years

Homes England has announced that its chair and chief executive will both stand down next year.

Between them, Peter Freeman and Peter Denton have led the government鈥檚 housing and regeneration agency for four years.

Denton leaves the chief executive role early next year while Freeman will hand over to a successor when the recruitment of a new chair is completed later next year.

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Homes England chair Peter Freeman will leave later next year

An interim chief executive is set to be announced soon, in advance of a formal process to appoint a permanent officeholder.

Under Denton鈥檚 leadership, the organisation has refocussed on regeneration.

Denton said: 鈥淲e successfully navigated the transition to being a fully-fledged and empowered housing and regeneration agency delivering strongly, especially in affordable housing, and initiating many catalytic regeneration projects throughout the country.鈥

Economic headwinds have seen its flagship affordable homes programme, which is overseen in most of the country by Homes England,.

A public body review earlier this year endorsed Homes England鈥檚 role as the key delivery agency for housing and regeneration, while urging the government to give it backing to 鈥渂e even bolder鈥 by playing the role of master developer on more large regeneration and placemaking schemes.

Freeman he would 鈥渇ocus my attentions on my role as chair of the Cambridge Growth Company鈥, a position he was appointed to by former housing secretary Michael Gove.

The changes in Homes England鈥檚 leadership come after a change of government in July, which saw a major overhaul in national housing strategy, with a greater focus on building new towns and on parts of the greenbelt.

Denton said the new government鈥檚 ambition to build 1.5m homes over the course of this parliament would 鈥渞equire a leadership team with a time horizon extending beyond the period I had originally set for myself鈥.