Boosting house building in our heartland
We’re helping to create more new homes for local people in Lancashire and Cumbria by providing funding for new home developments.
Driven by our determination to help more people in our heartland own their own home, we’re fast-tracking the creation of much-needed homes thanks to a partnership with development finance initiative, Nexa Finance.
We’re actively seeking lending opportunities across the region to enable housebuilders and developers to build or refurbish residential homes - or convert commercial buildings into residences. Nexa then works with the developer to apply for funding and liaises with our underwriters to approve the loan.
Middleton Towers in Morecambe
Horizon Middleton Towers is a new development on the picturesque edge of Morecambe Bay. We’ve partnered with Concorde Homes, a family-owned developer, to unlock phase one which is bringing a gated community of 23 semi-detached and detached properties to the market.
Construction is underway with two of the high quality, energy-efficient homes already reserved off-plan via local estate agent, Farrell Hayworth.
“We’re making excellent progress on site and are fortunate to have one of the most spectacular views in the country as our backdrop. We’re incredibly grateful to Furness Building Society and the partnership with Nexa Finance for unlocking the funding we needed to begin building. It’s exactly what small but tenacious developers like us need to provide much-needed homes for local people.”
Nick Bailey, Director at Horizon Middleton Towers for Concorde Homes
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