Maslow provides £7.3m loan for sustainable residential scheme in Cambridgeshire



Maslow Capital has completed a £7.3m development loan to support Castlemore Homes’ sustainable residential scheme in Haddenham, Cambridgeshire.


The developer will use the 21-month term facility to deliver 33 green homes, the majority of which will qualify for the government’s Help to Buy scheme.

In addition, 10 dwellings will be classed as affordable and will be presold to a housing association.

On top of using sustainably certified timber and harvesting rainwater, each home will be fitted with air source heat pumps, low-energy pendant lighting or downlight to all rooms, integrated solar PV panels, passive windows and remote energy management systems.

The scheme is part of Castlemore Homes’ company strategy to have all its housing developments reach net zero carbon by 2025.

James Henry, deal originator at Maslow Capital, said: “We are delighted to partner with Castlemore Homes for the delivery of this project.

“The level of progress that has already been made on site is a testament to its excellent team that impressed us at every stage.

“This project strikes a perfect balance by providing sustainable, very high-quality housing that is affordable to the local demographic and we are excited to see this project come forward to completion.”

Nigel Strudwick, land director at Castlemore Homes, commented: “We are pleased to have partnered with Maslow Capital on the funding of our 33-unit scheme in the village of Haddenham, Cambridge.

“The transaction was straightforward, which is testament to James and the team.

“We look forward to building our business relationship with Maslow Capital on our future projects."



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