Low said he was looking forward to using his housebuilding expertise at Honeygrove. He said: "I am delighted to be joining Honeygrove, which is an established and well-recognised housebuilding business in Kent." Honeygrove is based in Sevenoaks and has a turnover of £15m.
Persimmon made 660 Beazer staff redundant including most of the company's main board. Low finally agreed his redundancy package with Persimmon at the end of May.
Meanwhile, a management buyout team is tipped by industry sources as the successful bidder for Beazer Partnerships, Beazer's social housing arm. Persimmon is refusing to comment on the speculation but it is understood that the buyout team, led by Beazer Partnership's managing director John Cadwallader, will be successful. Reports have put the price at £5m.
An insider said: "It is down to financial workings. They are talking one-to-one."
Housebuilder Countryside Properties is thought to have made a bid for Beazer Partnerships. Persimmon received about 20 expressions of interest. The buyout team tabled its bid in February soon after Persimmon bought Beazer.
Beazer Partnerships has prefabrication factories and three social housing offices in England.
