Housing Growth partners with James Taylor Homes on second development

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.”

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