Weston Homes has also secured an extension, which now lasts until 2020, to aid the ongoing growth of the London and Home Counties housebuilder.
The developer is currently working on a project to convert a former movie studio into a £120m housing complex. Bob Weston, Chairman and Founder, said the extended loan facility provided substantial funds for further acquisitions and new developments.
“As we evolve as a volume housebuilder, our strategy is to focus on outer London and the Home Counties and avoid overpriced sites in the heart of London.
“There remains a huge demand and undersupply of value-for-money starter and family homes across southern England and so this is where we focus our product and sales.”
Weston Homes focuses on homes priced below £1,000 per sq ft with it selling starter and family homes, especially one- and two-bedroom apartments as well as three- to five-bedroom family homes.
Leave a comment