Homes England and real estate partner announce brownfield remediation loan scheme

Homes England and real estate finance provider Maslow Capital have launched a brownfield remediation funding programme aiming to accelerate housing delivery through loans to small and medium developers.

The initiative seeks to unlock underutilised land for residential development, prioritising the regeneration of previously developed plots. 

The programme is open for applications from developers seeking financial support for brownfield remediation projects. This includes activities such as the demolition of derelict structures, remediation of contaminated soils, ground stabilization, groundwater treatments, and the stabilization and management of ground gas.

Successful applicants will be awarded a minimum loan of £1m, while interest rates and fees will be determined on a case-by-case basis depending on factors such as the quality of the proposition and sponsor.

There is no specific unit count requirement and resulting homes ”should be affordable for the local area and demographic,” said a spokesperson for Maslow Capital.

As of 2025, there are 36,450 brownfield sites across the UK, according to the latest government data. Maslow Capital said these sites could accommodate between 1.23 million and 1.46 million homes if fully remediated and developed.

It also says that brownfield remediation can play a part in achieving the UK’s net-zero targets as it decontaminates soil, reduces groundwater pollution and restores ecosystems.

The programme will be led by Maslow Capital’s lending solutions division and will support firms of all sizes.

Nigel Barclay, director of loans at Homes England, said: “This programme is a perfect example of how we are working with the private sector to empower housebuilders and promote a more diverse and resilient housing market, while Maslow Capital’s expertise will help to accelerate brownfield regeneration and build new homes where they are needed most.

“Small and medium-sized housebuilders are critical to delivering new homes, yet they often struggle to access the funding needed to unlock complex sites. The programme aims to address that issue and help to bring forward projects that serve as a blueprint for sustainable development by transforming underused land into new, thriving communities.”