Updated Cookies Policy - you'll see this message only once.

Barclays uses cookies on this website. They help us to know a little bit about you and how you use our website, which improves the browsing experience and marketing - both for you and for others. They are stored locally on your computer or mobile device. To accept cookies continue browsing as normal. Or go to the cookie policy for more information and preferences. If you clear your browser history to disable or delete all cookies, your cookie preferences will automatically be reset to accept all cookies. Please go to the cookies policy to make any changes.

We are delighted to be working with Homes England to provide funding solutions that will deliver more homes. Through our combined experience and expertise in residential development we feel positive that we can help more developers deliver the homes our communities need.

Dennis Watson, Head of Real Estate, Barclays

This innovative £1 billion partnership will provide a significant boost to a diverse range of residential property developers and drive a dynamic and competitive marketplace.

Nick Walkley, CEO, Homes England

Corporate Banking Solutions for the Housing Delivery fund

Housing Delivery Fund

Barclays and Homes England are working together to provide up to £1billion of residential development debt funding to help build more homes, more quickly.

The UK Government has a target to build 300,000 new homes a year. Barclays and Homes England are collaborating to provide up to £1bn in residential development debt funding to help deliver more homes at a faster pace.

The fund will help suitable development schemes looking for debt funding comprising senior and mezzanine tranches of up to 80% of cost and 70% of value. Loans between £5m and £100m are available to borrowers seeking to increase the number, or accelerate the progress of new homes in England.

Who are Homes England?

"We’re the government’s housing accelerator. We have the appetite, influence, expertise and resources to drive positive market change. We’re making possible the new homes England needs, helping to improve neighbourhoods and grow communities. We welcome partners who share our ambition to challenge traditional norms and build better homes faster. Join us in breaking new ground to make this happen." Homes England

Who is eligible to apply?

Both the Borrower and the proposed development scheme must meet the following core criteria to be eligible
for the funding application:

  • There must be reasonable evidence that the scheme would not progress or would not progress as quickly without this funding, or the scheme aids innovation.
  • The fund aims to target construction of more affordable homes and so increase access to home ownership. The development must consist of homes for rent or for sale and can include social housing, retirement living or private rental homes (subject to a satisfactory repayment source). Residential-led, mixed-use development schemes will also be considered. Serviced apartment and student accommodation developments are not eligible.
  • A minimum of 10 homes must be built as part of the development, and they must be in England.
  • The Borrower must be able to demonstrate a successful track record of delivering previous development schemes.
  • The Borrower must be a private sector entity with a majority control of the development site (although suitable joint ventures may be eligible if both parties are acceptable to Barclays and Homes England).
  • The Borrower must be an England and Wales incorporated entity, LP, or LLP.

Before making the application, please download and read the fund fact sheet and check your eligibility.

What we can offer

For over 15 years Barclays has had a dedicated residential real estate team serving clients including national house builders and experienced developers.

Property Finance

Access funds for development and investment financing.

Risk Solutions

Benefit from the expertise of dedicated professionals and an integrated approach to managing a variety of risks.

Contact our Residential Real Estate team

Dennis Watson, National Head of Real Estate

Dennis Watson, Head of UK Real Estate

Dennis is a Managing Director in Barclays Corporate Banking and is the Head of Real Estate.

His career with Barclays spans over 30 years during which time he has undertaken a variety of roles in both the Retail and Corporate businesses.

He has been responsible for Corporate Banking’s Real Estate lending activity since 2006 and the 150 strong team now covers all of the Bank’s Real Estate clients in the UK from the SME sector through to the listed house builders and REITS, providing financing lines in excess of £10bn.

In recent years Dennis has also had responsibility for the Infrastructure & Project Finance, Social Housing and Asset Finance teams well as being Chairman of Barclays Mercantile Business Finance and Barclays Funds Investments Limited.

To find out what our Real Estate team can do for your business, email Dennis or call our dedicated team on 0800 015 4242*

How can we help?

To speak to a member of our team, call us on: 0800 015 1921 *