D&R Homes, Fleet Hargate
Investment £0.7m | 23 Homes
Region: The Midlands and Wales
Size: 0-50 homes
HGP has invested £0.7m alongside D&R Homes to deliver a 23 unit scheme in the Lincolnshire village of Fleet Hargate. D&R homes is a well-established developer who have built a strong reputation of supplying high quality homes in Lincolnshire. This site is a continuation of the operating model which has brought them success to date and will see a mixture of 2, 3 and 4 bedroom semi-detached and detached homes, catering for first time buyers, families and downsizers.
This is the first investment with D&R Homes and HGP’s involvement has allowed D&R to reduce their overall equity investment and retain additional cash in the business to fund future site acquisitions. HGP hope to support D&R on subsequent schemes in the near future to help the business continue on their strong and sustainable growth journey.