One of Corby's major housing developments is under new ownership.

Urban and Civic have taken on the project to oversee Priors Hall Park, at a cost of almost £40million.

Its previous owners went into administration - although over the past year housebuilding has continued on the site that overlaps both Corby borough and East Northants.

Already around a thousand people live on Priors Hall - where a primary school and community centre have recently opened. The area has outline planning consent for some five thousand homes, making it one of the UK's biggest housing projects.

As well as the existing Priors Hall area the new owners have acquired fifty eight acres of nearby woodland for a further £500,000.

Urban and Civic said they expected to be rewarded with "superior returns" by the acquisition.