Local housebuilder Allison Homes has clinched a £165 million finance agreement to support its continued expansion across the East of England, and other areas of the UK.
The refinancing package has been agreed with three major funding partners – HSBC, NatWest and Homes England, the government’s housing and regeneration agency.
The company says this marks a significant milestone in the company’s growth strategy, enabling it to accelerate land acquisition and development and increase the supply of affordable, high-quality homes across its regions.
Chief Financial Officer Ian Trinder said: “This is a very exciting moment for our business as it shows real confidence from strong funding partners in our long-term growth plans.
“Regional homebuilders, like Allison Homes, play a crucial role in delivering the housing needed to meet local and national demand, while also investing in infrastructure, creating jobs and supporting the local economy.
“Over the past year, we’ve taken decisive steps to strengthen the business for the long term – investing heavily in land, regional growth, operational infrastructure, systems and our people. We’ve also grown unit sales from 626 to 808 and revenue from £154 million to £202 million, with a significant focus on recurring Partnership revenue alongside open market sales.
Delivering this during a challenging economic period has been no small task, and we’re incredibly proud of what we’ve achieved to date. The country continues to face a significant housing shortfall, and our sector has an important responsibility to help address it.”
HSBC and NatWest have worked with Allison Homes for several years, and Homes England is joining alongside existing lenders to provide further growth capital.
Financing will be provided by the Home Building Fund, which is designed to support SME housebuilders overcome funding barriers and speed up construction.
It will help Allison Homes accelerate towards building 2,000 homes annually, capitalising on improving interest rates.
Simon Century, Chief Investment Officer at Homes England, said: “Small and medium housebuilders play a vital role in building a diverse and resilient housing sector.
“Funding from Homes England will enable Allison Homes to expand its regional delivery, supporting the construction of more high quality, affordable homes.
“This financing deal is a prime example of how the Agency works collaboratively with both public and private partners to achieve our mission of building thriving communities that people can be proud to call home.”
The homebuilder has opened offices in Bristol and the East Midlands and acquired its largest site yet – a 510-home development in Bristol.
It has generated over £22 million towards affordable housing and donated and raised over £143,000 for local charities in the last 12 months.
The business says it also continues to perform strongly on quality and customer satisfaction, securing 3 x LABC Awards in the last year, holding an ‘Excellent’ Trustpilot score of 4.7, an HBF Five Star score and receiving the In-House Gold Award for exceptional customer service in 2025.
Mark Pope, Director, NatWest Real Estate Finance, said: “NatWest has a long history of supporting the residential market across all tenures, and this transaction is another example of how we provide execution excellence, delivering optimal funding solutions alongside our lending partners.”
Joe Bailey, Relationship Director, HSBC Real Estate Finance, said: “This new financing package reflects our confidence in the strength of the business, its management team and its commitment to delivering high-quality homes across the regions it serves.”
