Development Finance Today

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Balfour Beatty group CEO to step down after 10 years

Over 1 year ago Balfour Beatty group CEO Leo Quinn will step down later this year, after 10 years in the role.

Firm fined £40,000 over safety failings

Over 1 year ago A construction firm has been fined £40,000 over health and safety breaches and ignoring repeated orders from the Health and Safety Executive (HSE).

Government unveils £1.5bn community ‘pride’ investment package

Over 1 year ago The government has unveiled £1.5bn in investment to “restore pride in Britain’s neighbourhoods”.

Persimmon applies for 624 more homes at 1,500 unit site

Over 1 year ago Persimmon has applied for permission for a further 624 homes at a site where it is already aiming to deliver 1,500 units.

Paragon funds Aspect Homes with £5.2m

Over 1 year ago Paragon Bank has provided Aspect Homes with a £5.2m development funding agreement.

Merryoaks secures £5.9m UTB deal

Over 1 year ago Merryoaks Property Finance has secured a £5.9m development loan with United Trust Bank (UTB) for a £9.8m scheme in Essex.

Amro nearing exit engagement for £85m Kingston scheme

Over 1 year ago Amro Partners will soon be engaging with investors with a view to exiting its £85m co-living project in Kingston, called ‘The Rex’.

Torsion appoints investment and development director

Over 1 year ago Torsion Group has appointed Tony Bray (pictured above), as investment and development director.

Beaufort backs £20m residential Surrey scheme

Over 1 year ago Beaufort Capital has provided a peak-debt facility for a repeat developer client creating a £20m residential scheme in Surrey.

Government vows end to ‘feudal’ leasehold system

Over 1 year ago The government is vowing to end the current “feudal” leasehold system in the UK, publishing a white paper that proposes sweeping reforms for the sector.

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Case Studies

Avamore completes £1.1m refurbishment and conversion facility

Avamore Capital has completed a £1.05m refurbishment and conversion facility to support a first-time property developer on a 15-month term....

Avamore secures £626,000 development loan

Avamore Capital has completed a £626,000 development loan, structured at 70% LTGDV....

Asset Capital secures £23m for York PBSA

Asset Capital has secured a £22.7m facility from Paragon Bank for a PBSA in York....

OakNorth funds Fife lodges with £8.3m

OakNorth has provided an £8.3m facility to help deliver 21 luxury holiday lodges in Fife....

BLEND funds Grade II-listed redevelopment with £12m

BLEND has provided a £12m facility to fund redevelopment of a Grade II-listed building in Exeter....

Atelier provides £21.7m loan for Birmingham PBSA

Atelier has completed a £21.7m loan to Study Inn Group to fund the development of a new 203-bed PBSA in Edgbaston, Birmingham....

Avamore funds ground-up scheme with £2.6m facility

Avamore Capital has completed a £2.63m development finance facility to support a complex ground-up residential development in Cambridgeshire....

HTB funds Yorkshire development with £13.7m

Hampshire Trust Bank (HTB) has provided a £13.68m development loan for a residential scheme in Shepley, near Huddersfield....

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