Section: Housing Finance

£1 billion housing delivery fund launched by Brokenshire in partnership with Barclays

Posted 13.09.18
GOV.UK: Article link

Housing Secretary James Brokenshire MP has today announced a new partnership with Barclays Bank to provide £1 billion of loan finance to help support small and medium sized developers, speeding up the delivery of thousands of new homes planned across England.

Support, ranging between £5 million to £100 million, will be made available to those developers who are able to demonstrate the necessary experience and commitment to building excellent new homes, whilst boasting a track record of delivering challenging projects on time and to target.

Overseen by Homes England, the funding will put greater emphasis on opening up the housing market, which sees almost two-thirds of new homes built by just ten companies at present.

The Housing Delivery Fund aims to support the delivery of new homes, including social housing, retirement living and apartments for rent, whilst also encouraging greater innovation on how housing is delivered such as brownfield land and urban regeneration projects.


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Reporting on September 2018

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