SME housebuilders hope tricky sites could be unlocked with new state bank
Smaller builders are optimistic Homes England’s new national housing bank will give them a bigger slice of the development action. The new bank will issue government guarantees directly for loans to develop land which should help smaller builders with upfront infrastructure costs. National Federation of Builders, NFB, policy and market insight head Rico Wojtulewicz said: “For example, water companies often levy charges to fund upgrades to their network and treatment facilities for new housing.” The loan guarantees could help withex-industrial [...]