Latest News | 31st January 2022

HGP Commits to Support the Delivery of 5,000 New Homes Across the UK

Housing Growth Partnership recently announced that is has now committed to support the delivery of over 5,000 new homes across the UK.  This takes HGP past the halfway point of its ambition to support the delivery of 10,000 new homes across the UK by 2025.

Since HGP’s launch in 2016 the fund has invested over £170m alongside 48 housebuilders on 95 developments with a combined GDV £1.5bn.  Half of these units are already completed and sold to families across the UK.

In 2021 alone, HGP invested £45m alongside 14 different housebuilders on 20 developments to support the delivery of 1,400 new homes across the UK.

In 2022, HGP will continue to support the housing market by providing housebuilders with equity funding to deliver high quality and affordable homes.  HGP recently announced a further £300m commitment which will enable larger residential developments and offer support across all tenures in the living sector.  The new fund will also look to prioritise projects with a greater sustainability focus, as well as those using modern methods of construction to help the sector tackle its sustainability challenges.

Vic Hepburn – CEO and Head of Fund – ‘Sitting behind the numbers is the fact that we are supporting regional housebuilders who really care about the quality of homes they are producing and the communities they create. That’s as pleasing as the numbers and the team will continue to seek out further opportunities to support on the journey to 10,000 homes.’

 

 

 

 

 

 

 

 

 

© 2024 Housing Growth Partnership. All Rights Reserved.

Housing Growth Partnership Manager Limited, 25 Gresham Street, London, EC2V 7HN, Registered Company Number 09507116, registered in England and Wales.

Authorised and regulated by the Financial Conduct Authority, firm reference number 709515

Ensuring an inclusive environment for our colleagues and communities

A key part of how we seek to deliver our purpose is to strive to create a fully inclusive environment for all our colleagues, partnerships and communities, one that is truly representative of modern-day Britain. Quite simply, a more inclusive society is a more prosperous society, and a diverse business is a better business. That means that we also speak up and act when something feels wrong – for example, we know it’s not enough to simply not be racist, we need to find ways where can be actively anti-racist by providing allyship to our partners and colleagues. We’re an anti-racist organisation and do not tolerate hate. We will take action against discrimination and inappropriate behaviour, whether racist, sexist, homophobic, transphobic or ableist, regardless of whether this happens in our offices, over the phone or online on our social media channels. Quite simply, we believe in doing the right the thing. We know we won’t always get things right ourselves, but we are committed to always striving to do better, for our colleagues, partners and communities.

Investment Disclaimer

The information, commentary and other materials in this website (“Content”) is intended to describe the activities of Housing Growth Partnership Manager Limited (“HGP”) and does not make any offer, inducement or invitation and does not give rise to any obligation or commitment. The Content is intended to be communicated only to persons who are legally able to receive it in their jurisdiction of residence. HGP invests its own money and no person, whether or not involved in a transaction with HGP, should expect to be treated as a client of HGP and no employee or other person associated with HGP has the authority to represent or state otherwise. HGP will not provide any investment services to any person, and/or advise any person on the merits of, and /or make any recommendation to a person in relation to, the terms of any transaction. Therefore, HGP does not take responsibility for providing you with the protections that would be afforded to a client and you should seek your own independent legal, investment and tax advice as you see fit. The Content does not provide any representation or warranty or achievement of any future gains, express or implied. HGP does not accept and, to the extent permitted by law, excludes liability to any person for any loss or otherwise that may arise from relying upon or using the Content of this website.