sponsored feature; housebuilder news 15
Funding delivery is remembered long after the interest rate is forgotten
activity and encouraging people to spend rather than save. Lower and falling interest rates are also
W
designed to encourage people to borrow, keeping the housing market going and household spending across big ticket items such as cars, holidays and household goods as well as businesses to borrow and invest in new plant, premises and staff. The trouble is UK PLC is already heavily
indebited and borrowed up to the hilt with our balance of payment deficit ballooning to levels that are off the charts and well publicised. As a result, many households and businesses
go into hibernation mode, worried for the future and acutely aware of the past and spending declines, which becomes a self fulfilling decline in spending and investment. We see it in the Property and development
Industry at a time of chronic housing shortages. Fear and hibernation have taken hold, every day
e all know interest rates have been close to zero for some time, with the aim of stimulating economic
since Brexit more and more lenders announce policy changes on what they will and won’t do. LTV’s are being wound back, postcode prejudice is rife and where lenders have frozen their lending and are very frosty to new and existing developers with great schemes, the housing market misses out on great schemes that should be built. At Go-Develop™ we make it happen and
support our partners with 100 per cent LTV full funding, this is not a misprint, it’s a fact and our unique point of difference that no one else in the Industry matches. With a huge number of repeat and returning
client developers and at a time of other lenders winding back, we are reaching out, because using our own substantial funds we are able to support many schemes across the country. Go-Develop™ is the answer to 100 per cent
full funding, so cut through the lenders doing U turns and crack on with the project, using our money to make you more.
Mark Holden of Go-Develop™
Durham dance academy taps into a £1000 donation from Persimmon
A
dance school in Coxhoe, Co. Durham, has received a crucial £1,000 fundraising boost from Persimmon Homes Durham. Starr Dance Academy was chosen by the devel-
oper within its Community Champions scheme, for its community focus as well as its ethos to “encourage creativity, confidence, teamwork and friendship” among pupils through teaching a vari- ety of dance styles.
Chantelle Knox, teacher at Starr Dance
Academy, thanked the company for its “generous donation,” saying that as a result, the “sky is really the limit” for the school. The cash injection is made from Persimmon’s
Community Champions scheme, which is a national programme to help fund local clubs, groups and good causes. With the funding, teachers hope to provide
students with more equipment and music, organ- ise more educational trips and outings to dance events, as well as to undertake more publicity for the school. Christine Cooper, sales and marketing director
for Persimmon Homes Durham, explained the Community Champions scheme was a way of supporting people “across every city, town and vil- lage where the company builds new homes.”
Aster Group sees record levels of building D
eveloper Aster Group delivered 825 new homes in 2016, which it said makes the year its best ever for housebuilding.
The figure was more than double the devel-
oper’s average annual build rate for the past 10 years – 390 homes. A key part of Aster’s long-term plan, said the
firm, is “strengthening its delivery pipeline,” adding that this would include investing
£500m in housebuilding over the next five years. Aster said that its development strategy cen-
tres around acquiring new land to “gain greater control over the delivery of its homes,” as well as continuing its partnerships with developers such as Galliford Try to provide properties on a large scale. Amanda Williams, who is group develop-
ment director at Aster Group, said that 2016 was a “very strong year” for the company, and that the Aster Group is “geared up” to increase its delivery of new properties. Williams added that Group’s “diverse devel-
opment strategy involves leveraging our assets and profit to build more homes” and using its “position as a commercially focused developer to help alleviate Britain’s housing crisis.”
respond online at
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