The government’s Levelling Up Home Building Fund, Homes England provides development loans to small and medium house builders with the dual aim of getting much-needed homes built and creating a more diverse and resilient housing market.
The fund supports smaller house builders that struggle to access finance through traditional bank lenders, with loans starting from £250,000.
Schemes that feature off-site manufacturing, community-led housing projects, or serviced plots for custom and self-builders are examples of innovative projects that the fund can support.
Builders may be eligible if they are a UK-registered corporate entity or limited liability partnership, plan to build or refurbish five or more homes on a site in England (but less than 2,000), have a controlling interest in the land, or the project would stall or progress much less quickly without this finance.
More information about the fund and how it works is available on the fund’s guidance page.
