Clifford Chance (CC) and Cobbetts have played major roles on a £225m bond issue for Midlands housing company Longhurst Group.

Longhurst has raised the money to finance the building of 1,700 new homes in the Midlands over the next four years. The affordable homes specialist will offer around 1,300 of the homes for rent, with the remainder available on a part-buy, part-rent basis.