Thursday, 20 May 2021, 2:55 pm
“This is a big spending, big promising Budget that will
leave many of the housing, infrastructure and climate
resilience challenges left untouched, Property Council New
Zealand Chief Executive Leonie Freeman says.
“There
is no doubt the Government has invested heavily in this
Budget. However, for many of the core issues around housing
supply, climate resilience and delivering infrastructure at
pace, the Budget doesn’t offer any new, alternative
options.
“It’s encouraging to see the Government
engaging with the community and investing $733m in Māori
housing, and our members are supportive of any initiative
that increases and improves New Zealand’s housing stock.
UTB appoints head of originations | Mortgage Introducer mortgageintroducer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageintroducer.com Daily Mail and Mail on Sunday newspapers.
Homes England and United Trust Bank launch £250m Housing Accelerator Fund
A new five-year lending alliance between United Trust Bank and Homes England will provide development finance to SME builders.
From:
16 February 2021
Homes England, the Government’s housing delivery agency and United Trust Bank (UTB), an established specialist lender, have today announced a £250 million fund to support small and medium-sized builders with development finance at up to 70% Loan to Gross Development Value.
The Housing Accelerator Fund will provide construction loans between £1m and £10m.
The alliance will improve access to finance offered to smaller builders and drive the continued diversification of the housing market over the coming years.