CGI of development in release

Beaufort backs £20m residential Surrey scheme



Beaufort Capital has provided a peak-debt facility for a repeat developer client creating a £20m residential scheme in Surrey.


Situated near Virginia water, the project includes the construction of 28 homes which are predominantly detached and semi-detached for private sale.

This is the fourth family housing project to be financed for this experienced property developer, with all of these built in the South East.

Each of these new houses will have EV charging ports, utilise low carbon and/or renewable technology and target EPC ratings of A.

According to Beaufort Capital, “substantial” Section 106 payments were also being made to benefit the local community.

“Having completed three previous family housing developments for this prolific regional housebuilder, I’m delighted to be able to announce a fourth in this leafy area in Surrey,” said Mark Quigley, managing director (UK real estate finance) at Beaufort Capital Management, the investment advisor to Beaufort Capital.

“We continue looking for good opportunities to support developments for family housing as we seek to expand our exposure to the residential sector, seeing this as a major growth area for the foreseeable future.”



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