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In March 2020, Housing Growth Partnership (HGP) announced we had supported house builders to deliver and sell 1,000 new homes across the UK.  HGP has provided over £120m of vital support to 45 house building partners on 70 housing developments since its inception in 2015. To date, small and medium sized house builders have committed to build 3,500 new homes with our support. Of these, 1,000 have now been sold.

Vic Hepburn, CEO and Head of HGP, commented: “It is great to pass a milestone like this as we continue our support for the UK’s house builders. We are very fortunate to be able to partner with fantastic businesses that care passionately about the homes and communities they are delivering. 1,000 families have now taken ownership of new homes thanks to our partnerships, something that everyone involved with HGP is rightly proud of.”

Gordon More, Chief Investment Officer of Homes England, added: “It’s incredibly encouraging to see Housing Growth Partnership hit this important milestone. Supporting SMEs house builders to expand their businesses is an important part of our mission and vital if we are to create a more robust and resilient housing market. A lack of competition in the house building sector stifles the entrepreneurial ambition we need to increase the pace and quality of what we build, and this is precisely what HGP is seeking to address.”

Andy Hulme, Managing Director, Head of Real Estate and Housing, Lloyds Bank Commercial Banking, said: “Today’s announcement demonstrates the commitment to helping small to medium sized house builders across the UK. The contribution from the sector remains fundamental to a healthy UK housing market, and this milestone of 1,000 homes sold which equates to £1bn of much needed housing, demonstrates the ongoing positive impact of the Housing Growth Partnership.”

Housing Growth Partnership are delighted that we have been shortlisted at the 2020 RESI Awards in the ‘Residential Financier of the Year’ category. The RESI Awards, organised by Property Week, recognise excellence in the residential property market. 

Vic Hepburn, CEO of Housing Growth Partnership commented “the team have been working hard to ensure we are helping our partners navigate through these uncertain times as we continue with our mission to support the growth of SME housebuilders across the UK. There possibly hasn’t been a more important time for us to support the market since our launch and there is more we want to do. Being shortlisted for this award helps highlight the exceptional work the team has put in this year and our ongoing support of housebuilding industry’.

The highly acclaimed awards are celebrating excellence in the industry and especially during this exceptional time. The awards will be held on the 2nd of December 2020 in a virtual event. You can find out more about the RESI awards here.

Housing Growth Partnership (‘HGP’) invest in a new James Taylor Homes development brining new homes & bungalows to the village of Newton Longville in Buckinghamshire. United Trust Bank (‘UTB’) will provide the senior debt.

This scheme in Newton Longville comprises seventeen 3 & 4 bedroom houses and bungalows on an attractive low density greenfield site.

The development is within easy reach of Milton Keynes with its excellent road and rail transport links and is designed to appeal to families and downsizers.

James Hutchinson, investment director of Housing Growth Partnership, said: “HGP is delighted to deepen its strategic partnership with James Taylor Homes by embarking upon our second project together. We are also pleased to start a new relationship with UTB who is similarly focused on helping SMEs deliver more family homes. Newton Longville is a great example of HGP’s ongoing commitment to helping our partners grow and we look forward to working with James Taylor Homes and UTB.”

Emil Sohrab, managing director of James Taylor Group, said: “We are delighted to be embarking on a new relationship with UTB and enhancing our existing relationship with HGP. Our experience so far, from our initial approach to draw down, is that our proposal could not have been dealt with more professionally and efficiently. We look forward to another successful project and many more to come with both UTB & HGP.”

If you are looking for investment, speak to us today. 

Earlier this year, we held one of our Senior Advisor Forums to discuss the housebuilding sector and ways we can continue to support the development of homes across the UK.  Find out more about the event and our Senior Advisors in the video below.

Click here to find out more about our Senior Advisors and what they have to offer.

Genesis Homes was founded in 2017 with a vision of building high quality housing developments in Cumbria. To support their growth plans, Genesis sought investment from Housing Growth Partnership, who have since partnered with Genesis on 5 projects across the region.

Nicky Gordon, Managing Director at Genesis Homes, speaks about the support received from HGP in the video below.

HGP Investment Director John McKeon commented: “We are proud to partner with Genesis and support their ambition to deliver high quality homes across Cumbria. It has been a pleasure to work with Nicky and the team at Genesis and we look forward to partnering with them on more projects going forward.”

For more information about Genesis Homes, visit their website. If you are looking for investment support in a residential development, speak to one of the HGP team today.

The prestigious awards are organised by Property Week to celebrate success within the residential property market. Bringing together key players from across the industry, the RESI Awards return for the 8th edition on 15 May 2019 to celebrate the very best within the sector.

We would like to congratulate finalists across all categories, including HGP partner Backhouse Housing for their nomination as “Newcomer of the Year” in addition to our fellow nominees Homes England and Lloyds Bank Real Estate & Housing within the “Residential Financier of the Year” category.

Well done and good luck to all shortlisted nominees, we look forward to meeting you on the night!

The HGP Team.

HGP has been shortlisted at The RESI Awards 2018 for “Residential Financier of the Year”. The prestigious awards, organised by Property Week, celebrates success within the residential property market industry. Bringing together some of the biggest names in the industry, previous winners include Knight Frank, Strutt & Parker and Ballymore Group

The RESI Awards, organised by Property Week, recognise the best residential property market organisations and their successes of the past year, with the ceremony being held on 16th May 2018 at Grosvenor House in London.

Other shortlisted companies in the “Residential Financier of the Year” category include; CapitalRise, Homes England, ICG-Longbow, Ingenious Real Estate, Investec Bank, LaSalle Investment Management, LendInvest, NatWest, OakNorth, Octopus Property and Zorin Finance. HGP wishes all of the companies luck and looks forward to meeting you on the night!

Following two successful years since launch, the Housing Growth Partnership (HGP) has now committed to build c2,000 homes on more than 35 schemes across the UK. In addition to supporting the delivery of new homes, HGP has provided over 1,500 hours of free mentoring to partners through its panel of senior advisors.

The announcement of the next phase of funding for HGP provides certainty and continuity to our existing partners and the opportunity for HGP to support more housebuilders nationwide now and into the future. In confirming the ongoing investment, Homes England and Lloyds Banking Group expect to have supported the delivery of c£1bn of new homes by the summer of 2019.

If you are an experienced small/mid-sized housebuilder or developer looking to grow your business please get in touch with the team at info@housinggrowth.com.

Andy Hulme, Chief Executive Officer and Head of Fund, Housing Growth Partnership:

“Today’s announcement of further funding marks another significant milestone in the evolution of the Housing Growth Partnership. This supports our core purpose of accelerating the delivery of homes across the UK through our partnerships with small and mid-sized housebuilders.”

All eyes are now on the upcoming Autumn Budget and housing is expected to be a hot political topic, but what’s at stake for the housing market? We have compiled together a wish list of housing policies which could potentially help combat the challenges the housing market faces.

What do you want to see included in the Autumn Budget?

• Creating affordable homes, by allowing councils the freedom to borrow to build
• Creating affordable homes for the young and making retirement housing more available
• Simplifying the planning system: overcome challenges to achieve detailed planning consent for the land identified, which could be slowing down housebuilding
• Creating a fiscal system that supports Build to Rent
• Release more land for housing
• Resolving the major construction skills shortage
• More attention to Social Housing
• Helping first time buyers, who are priced out of the market by the rising price, Despite Government-led initiatives like Help to Buy, first-time buyers are finding that they’re having to find vast deposits to be in with a chance of getting on the housing ladder
• Support a new generation of high quality homes for social rent
• Potential cuts to Stamp Duty, rendering significant savings for first-time buyers
• Will the Help To Buy scheme be continued after 2020? The spring budget touched on Right to Buy and new measures for shared ownership
• Ensuring people who need extra support have a safe home that meets their needs
• Settle the question over what happens to social landlords’ rents after 2020
• Align transport infrastructure and housing delivery more effectively
• Offer ready permitted sites to SME builders
• Local authorities to introduce new council tax bands for the most expensive properties

What are the politicians saying?
Theresa May vows to build new homes and has signalled a drive to build thousands of new houses, even calling it her personal mission to take charge of a massive effort to “build more homes, more quickly” (as quoted by, express.co.uk 2017).

Theresa May:
“The number of new homes being delivered each year has been increasing since 2010, but there is more we can do.

“We must get back into the business of building the good quality new homes for people who need them most.

“That is why I have made it my mission to build the homes the country needs and take personal charge of the Government’s response.

“Today I am seeing the work now underway to put this right and, in coming weeks and months, my Government will be going further to ensure that we build more homes, more quickly.

Sajid Javid:
Suggestions have been made by Community Secretary Sajid Javid on bold plans up to an extra £50bn to invest directly in new housing. He has called to take housing associations’ debt off the balance sheet, in the hope of ensuring housing associations have a stable investment environment to build more homes.

Martin Tett, The Local Government Association:
Martin Tett, the Local Government Association’s housing spokesman, said: “We are still significantly short of the 300,000 homes we need to be building each year. The last time we hit that number, in the 1970s, councils built more than 40% of them. Councils are serious about delivering the right kind of homes, supported by infrastructure, for our residents, and are playing their part – approving nine out of 10 planning permissions.”

The pressure is now on for the government to perform and help create a housing market that works for everyone, will they follow through with their proposed reforms in the Autumn Budget this Wednesday? All will soon to be revealed, Housing Growth Partnership will keep you up to date.

Housing Growth Partnership has made its debut investment in London and the South East – supporting Durkan’s plans to build new homes in Dartford.

HGP investment manager, James Hutchinson said: “This partnership is the first we have secured in London and the South East and marks a significant milestone for our fund.”

Danny Durkan, Executive Chairman at Durkan, which is a family-owned firm focused on London and the Home Counties, said: “Smaller developers have the necessary flexibility and agility to take up opportunities and sites that don’t appeal to mainstream developers, and this will be key to delivery. We have been working closely with HGP to secure this agreement and are confident in a successful joint venture. It is hoped that, now there is a structure in place between Durkan and HGP, further deals may be formed in this way.”

Others that have benefited from Housing Growth Partnership also include Campbell Buchanan, a Cambridgeshire-based housebuilder, which secured £1.7m last year to help fund the development of 40 homes in Brington. Devonshire Homes in the South West also secured £2m for various projects.

For more information on how Housing Growth Partnership can help you, visit our investment structure page.