Homes England Secures Debt Facility with Richborough

On 8 April 2026, Homes England announced that it has secured a multi‑million‑pound debt facility with independent land promoter Richborough. The facility, arranged through the National Housing Bank, will provide flexible financing to support Richborough’s investment in new sites and planning applications across England. The partnership aims to increase the supply of consented land for small‑to‑medium‑enterprises, housing associations and major housebuilders, helping the government reach its target of 1.5 million homes this parliamentary term. Richborough plans to submit more than 30 applications in 2026, covering around 12,500 new homes. The loan is intended to accelerate Richborough’s planning activity and enable quicker delivery of high‑quality housing once consent is obtained.

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Summary adapted from content licensed under the Open Government Licence v3.0.
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Original source: https://www.gov.uk/

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