Close Brothers Property Finance

As we approach the end of 2024, we want to take a moment to say thank you to all our clients, partners and our professional network, for your support this year. Looking ahead to 2025, we look forward to continuing supporting SME housebuilders, providing the best level of service we can, building and maintaining strong relationships with our partners. Wishing you all a joyful festive season and a prosperous New Year! From the team at Close Brothers Property Finance and Commercial Acceptances Limited #ThankYou #SeasonsGreetings

𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐟𝐨𝐫 𝐒𝐌𝐄 𝐡𝐨𝐮𝐬𝐞𝐛𝐮𝐢𝐥𝐝𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐍𝐨𝐫𝐭𝐡 Join us on 4th February in Manchester, for an insightful panel event, in association with Place North West. The event will focus on data from our recent State of Play Report 2024, and the specific challenges facing housebuilders in the region. Spaces are limited so register your interest today with [email protected] We will be announcing the panellists in the new year. #StateOfPlay #NewHomes #Networking

A great way to lead into the festive period with the completion of the first Phase of this fantastic scheme in Sellindge, Kent delivering 53 new homes. The Borrower has done an incredible job with this transformation. It has been a pleasure working with Close Brothers Property Finance, Fergus O'Connell and Ella Watt who have supported the developer throughout to enable the successful completion of this stunning phase of the development. #projectmonitor #kent #winning #ROAR #PrideIMS #development #south Close Brothers Pride Consulting IMS

Last week in the UK House of Lords at the Housing & Homelessness debate, Lord Snape cited our State of Play report and the serious concerns it raises about housing delivery. "𝑇ℎ𝑒 𝑓𝑎𝑐𝑡 𝑡ℎ𝑎𝑡 𝑡ℎ𝑒𝑟𝑒 𝑖𝑠 𝑠𝑜 𝑚𝑢𝑐ℎ 𝑙𝑜𝑐𝑎𝑙 𝑜𝑝𝑝𝑜𝑠𝑖𝑡𝑖𝑜𝑛 𝑡𝑜 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡 𝑖𝑛 𝑡ℎ𝑒 ℎ𝑜𝑢𝑠𝑖𝑛𝑔 𝑓𝑖𝑒𝑙𝑑 𝑖𝑠 𝑎 𝑤𝑜𝑟𝑟𝑦 𝑎𝑛𝑑 𝑎 𝑐𝑜𝑛𝑐𝑒𝑟𝑛 𝑓𝑜𝑟 𝑎𝑙𝑙 𝑜𝑓 𝑢𝑠" The report found that 78% of housebuilders see local and political opposition to new development as a major barrier to growth, which makes this the third most significant barrier to growth, behind planning. #StateofPlay #Nimbys #BANANAs

We are delighted to be supporting this new project for Barwood Capital and Hurst & Hurst Estates Ltd, in the stunning New Forest National Park. This fantastic partnership are creating 46 energy efficient homes, 50% of which will be much needed affordable housing. The new homes will include air source heat pumps, EV charging points, and wastewater heat recovery. The first homes are expected to be ready during Q2/3 2025, watch this space for further updates. "𝑇ℎ𝑒 𝑣𝑖𝑠𝑖𝑜𝑛 𝑎𝑛𝑑 𝑒𝑥𝑝𝑒𝑟𝑡𝑖𝑠𝑒 𝑜𝑓 𝑏𝑜𝑡ℎ 𝐵𝑎𝑟𝑤𝑜𝑜𝑑 𝑎𝑛𝑑 𝐻𝑢𝑟𝑠𝑡 & 𝐻𝑢𝑟𝑠𝑡 𝑚𝑎𝑘𝑒 𝑡ℎ𝑒𝑚 𝑖𝑑𝑒𝑎𝑙 𝑝𝑎𝑟𝑡𝑛𝑒𝑟𝑠, 𝑎𝑛𝑑 𝑜𝑢𝑟 𝑠𝑢𝑝𝑝𝑜𝑟𝑡 𝑜𝑓 𝑡ℎ𝑖𝑠 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡 𝑑𝑒𝑚𝑜𝑛𝑠𝑡𝑟𝑎𝑡𝑒𝑠 𝑜𝑢𝑟 𝑐𝑜𝑚𝑚𝑖𝑡𝑚𝑒𝑛𝑡 𝑡𝑜 𝑏𝑎𝑐𝑘𝑖𝑛𝑔 ℎ𝑖𝑔ℎ-𝑞𝑢𝑎𝑙𝑖𝑡𝑦 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡𝑠 𝑓𝑜𝑟 𝑡𝑟𝑢𝑠𝑡𝑒𝑑 ℎ𝑜𝑢𝑠𝑒 𝑏𝑢𝑖𝑙𝑑𝑒𝑟s" Paul Radley, Senior Business Development Manager. Find out more about the partnership and this project here: https://lnkd.in/e35C35gp #NewHomes #SustainableHomes #Partnership #DevelopmentFinance

Great to hear our SME State of Play report mentioned by Lord Snape in Parliament during the Housing & Homelessness debate last week. #StateofPlay #HousingShortage #BANANAs Home Builders Federation Travis Perkins

Thank you to all our fantastic speakers and guests who joined us for the launch of the Fifth State of Play report this week in Westminster. Speakers Neil Jefferson, Ben Todd, Sophie Horgan, Phil Hooper and guests Laura Ellam, Kevin Hollinrake MP, John Lagan and Lord Snape shared their honest views about the main issues facing SME housebuilders and what must be done by Government in order to make positive change. #StateOfPlay2024 #HomeBuilders #FromTheGroundUp

🧱Supporting the development of communities, from the ground up 🧱 To mark the release of our 2024-25 SME State of Play report, we have released a video in partnership with the Home Builders Federation highlighting the positive contribution SME housebuilders make to their communities and the housing sector. The video calls for continued momentum to address the current constraints to delivery, so that SME housebuilders can thrive. Thank you to the fantastic housebuilders who took part in this video. paul masterson BOWDON HOMES LIMITED Laura Ellam Richard Ellam Pivot Developments Jon Di-Stefano Greencore Homes Mark White Bargate Homes Ltd Paul Moran Cavanna Homes Lorraine Thomas View From My Window Colin Palmer 3West Group Neil Jefferson Home Builders Federation Phil Hooper Close Brothers Property Finance #FromTheGroundUp #SMEHomeBuilders

"The scale of Britain’s housing crisis has been laid bare in fresh research from Close Brothers Property Finance, the Home Builders Federation (HBF) and Travis Perkins plc, which found that planning delays are still the foremost obstacle facing small and medium-sized (SME) developers." Pui-Guan Man for The Telegraph https://lnkd.in/eN5W9iuB

🏠📄Our latest State of Play report 2024/25 has been published today, produced alongside the Home Builders Federation and Travis Perkins plc. This research confirms that planning delays, a lack of providers to take on affordable homes and NIMBYs are among the top concerns for today’s SME home builders. Key findings from the report include: 🔹Over half (51%) of SME home builders report waiting over a year to obtain planning permission 🔹56% of SME home builders report a 30% increase in the cost of obtaining planning permission 🔹90% of respondents identified the implementation of biodiversity net gain is cited by as a barrier to growth, largely because of delays getting agreement over schemes, with just 4% believing local authorities have the resources or capacity to help them achieve a 10% net gain 🔹Nutrient and/or water neutrality restrictions are a major barrier for almost half of SME builders (42%) 🔹Land availability also remains a concern with 47% of respondents citing it a major barrier 🔹80% of respondents identified obtaining suitable offers for S106 Affordable Homes to be a barrier to growth 🔹94% of SME home builders would like the Government to do more to support them SME home builders play a vital role in addressing the housing crisis, yet the mounting constraints on housing delivery in recent years have placed considerable strain on many. The Government has made positive first steps to support home building but further action must be taken to continue to alleviate the pressures on SME home builders, if Government is to achieve its ambitious housing target. 📄Read our report in full to find our more about the findings of our survey and what action needs to be taken. #StateofPlay #SupportingSMEs #SMEHomebuilders