Sep
20

Residential development loans

Barclays Head of Real Estate, Jason Constable, reports that Barclays wants to grow their support for new housing development by increasing lending activity in this sector to both existing and new clients. This article touches on their interest in funding for 'build to rent' schemes, as well as 'build to sell', as the build to rent sector is "particularly hot at present".

Jason says: "Supporting the provision of affordable housing is an important part of our residential lending business as we continue to support the UK government’s policy to increase the amount of affordable housing, which calls for 300,000 new homes to be built every year.

"We want to play our part in helping to solve the housing crisis by supporting the delivery of more affordable home schemes across the UK that can get people on the property ladder sooner rather than later."
Read more here.