National Housing Bank Unlocks £35 Million Across Three Regeneration and Housing Schemes

Loans spanning Salford, Bromley and Ludlow will drive site preparation, town centre redevelopment and phased housebuilding delivering around 2,500 new homes.

The National Housing Bank, a newly formed Homes England company, has agreed three infrastructure and development finance loans totalling £35 million to unlock housing and regeneration programmes across England.

The deals span a range of project types and scales, reflecting the breadth of the bank’s intended market role and its stated appetite to work across investor, developer, housebuilder and place-based partnerships.

In Salford, a £14 million infrastructure loan to joint venture partners Scarborough Group and Metro Holdings will fund site preparation, enabling works and design at Middlewood Locks, a brownfield site capable of delivering up to 1,900 homes. The loan is structured to catalyse delivery on a site that represents one of the larger urban regeneration opportunities in the North West.

In Bromley, a £10 million infrastructure loan to Tikehau Capital will support the redevelopment of Walnuts Shopping Centre in Orpington, a key town centre regeneration project that includes the creation of 440 homes alongside wider placemaking work.

In Ludlow, an £11 million development finance loan to SME housebuilder Pickstock Homes will fund the third phase of an established residential scheme, delivering nearly 90 homes. Homes England has previously supported Pickstock through phases one and two, which together delivered 140 family homes.

Simon Century, Chief Executive Officer of the National Housing Bank, said the deals demonstrate the bank’s “breadth and diversity of offer” and its intent to act as “an enabler, not a barrier” to the market, emphasising the speed at which purpose-driven lending decisions are being taken.

For construction supply chain businesses, the three deals illustrate the type of projects the National Housing Bank is designed to unblock – brownfield remediation and enabling works, town centre mixed-use regeneration, and phased SME-led housebuilding – all of which generate demand across civils, groundworks, utilities, and residential construction trades. The bank’s stated commitment to working proactively with developers and places across the country suggests further deal flow as its lending programme scales.

Capability areas relevant to these opportunities include: brownfield remediation and enabling works, residential groundworks and infrastructure, town centre and mixed-use development, phased housebuilding, utilities connections, SME contractor supply chain, and regeneration civils.