Developer Pocket Living secures £100m development funding

Pocket Living_Sheepcote Road (1)

Specialist first-time buyer developer wants to use the money from Lloyds Bank on its 1,500-home build plan

First-time buyer developer Pocket Living has secured a senior debt package with Lloyds Bank for up to £100m to help it build 1,500 homes over the next five years. 

This is the developer’s third facility with the bank, which has collectively so far funded more than 1,000 homes. Lloyds will continue to be the developer’s principle senior leader. 

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