Key sites in England snapped up for major housing schemes

Bridging Finance News:-Homes England, the government’s housing development agency, has bought 19 sites worth £180m to build up to 5,000 new homes. Several of the acquisitions were completed just before the end of the financial year, with the agency re-affirming its position to back housebuilding post the Covid-19 pandemic. Homes England chief land and development officer Stephen Kinsella said: “As a master developer, it’s crucial we continue to create development opportunities and provide a pipeline of sites for housebuilders of [...]

By |2021-11-13T09:24:21+00:00April 14, 2020|Blog, Finance News, Planning News, Projects|0 Comments

Scottish government orders building site closures

Commercial Finance News:- Construction firms north of the border have been told to shut up shop unless their work is for essential projects due to the coronavirus pandemic. Work related to supporting crucial work to deal with Covid-19 such as repurposing buildings to offer clinical care will be allowed. Economy secretary Fiona Hyslop said she recognised this was difficult for all kinds of businesses, but the government’s priority was to save lives. “To this end, all construction sites should close [...]

By |2021-11-13T09:24:39+00:00April 7, 2020|Blog, Finance News, Planning News, Projects|0 Comments

Former biscuit factory to offer more than 1,500 new London homes

Bridging Loans News:- The £500m redevelopment of Bermondsey’s former biscuit factory and campus in Southwark to offer 1,548 new homes has been approved by the Greater London Assembly, GLA. The decision overturns Southwark council’s rejection of developers Grosvenor Britain & Ireland’s scheme last year because it offered insufficient social housing. Architects KPF and Cottrell & Vermeulen’s re-worked application comprises buildings of five to 35 storeys with rooftop gardens. The GLA approved the scheme because the new application had increased the [...]

By |2021-11-13T11:00:34+00:00February 24, 2020|Blog, Finance News, Planning News, Projects|0 Comments

Kent commuter town set to get 210 new flats

Property Development News:- Plans to revive Swanley Square's run down 1970s shopping centre and build 210 flats have finally been given the go-ahead. Swanley district council has granted detailed planning permission for developers U + I's £17.9m scheme after initially rejecting it two years ago. The application went to appeal with the inspectorate ruling in U + I's favour last month, July 26, saying the scheme would "invigorate" Swanley's centre. https://www.youtube.com/watch?v=lYJjPXGYWvo The 1.46 ha site is on the former grounds of [...]

By |2021-11-13T10:47:35+00:00August 6, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Lincolnshire set to get 2,500 new homes

Bridging Finance News:-A £1.2bn  garden city of six new villages around five lakes in Lincolnshire moved a step closer, after the local planning authority gave the first phase of the scheme the go ahead. North Lincolnshire council approved developer, Maltgrade's plans for 2,500 homes, a school, village centre, parks and a lake on farmland on the western edge of Scunthorpe. https://www.youtube.com/watch?v=lYJjPXGYWvo&t=2s Council leader, Rob Waltham,  said last night's decision was a milestone for the development which has been in the [...]

By |2021-11-13T10:47:40+00:00August 1, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Soho House Brighton Project is being Constructed

Development finance Lenders:- The construction of SOHO HOUSE, MADEIRA DRIVE – PRIVATE MEMBERS CLUB is underway and this construction is taking place at Units 2 – 8 the terraces, Madeira Drive, Brighton, East Sussex, BN2 1AY. There have been a mixed funding for this project and the construction of this project has been started form the 3rd quarter of 2018. The governing body for this project is Brighton Council. The total floor area on which the entire construction is going [...]

By |2021-11-13T10:31:54+00:00March 27, 2019|Blog, Finance News, Planning News, Projects|0 Comments