HomeFirst Buildingestablished Fundin Developer2011, CaseEsquire Study:is Esquirenow Developmentsan Ltdaward-winning SME developer that delivers around 120 homes a year in Kent and the South East.

EsquireThey Developmentshave Ltd,a anpassion award-winningto SMEdeliver housebuilder,beautiful wasand establishedbespoke inhomes 2011that are not only functional, but sustainable and able to stand the test of time. Esquire is currently deliversachieving approximatelyup 120to 50% carbon reduction in its homes annuallyagainst acrosscurrent Kentbuilding andstandards. Some of the Southways East.it achieves this include:

• An electric-only approach, which results in a substantial reduction in harmful emissions from natural gas
• Materials and supply chains are sourced locally, which supports other local small businesses
• Taking a holistic approach to low-level density builds, meaning less homes and more grassed/biodiversity areas and native planting for wildlife.

As an experienced developer that has previously utilised private sector development funding, Esquire Developmentsengaged approachedtheir Homesnormal Englandcontacts but was unable to supportsecure theirfinance projecton its Millers Field, ascheme, 1.21-acredue siteto complexities in Maidstone,the Kentfinance andstructure. weThe providedtiming adidn’t £2.68help; millionEsquire loanwas toseeking transformfinance during the siteearly intostages 9of attractiveCOVID-19, familywhen homes.lenders were temporarily withdrawing from the market.

EsquireHowever, DevelopmentsHomes isEngland knownwas forable itsto dedicationstructure a c£2.8m development finance facility to qualityfully andfund sustainability,the achievingscheme, upwhich towill 50%provide carbonnine reductionthree, four and five-bedroom detached family homes in theirthe developmentspriority comparedarea toof currentLoose, buildingKent, standards.conveniently Theylocated alsoclose prioritiseto sourcingthe materialstown and supplycountryside.

The chainsscheme locally,is anda allsecluded development in keeping with the local area. The homes inwill thisbenefit projectfrom werepractical equippedand withwell-thought-out airliving sourcespaces, heatlarge pumpsgreen/biodiversity areas for both residents and electriclocal vehiclewildlife chargingand stations.views of the Kent countryside.

FollowingMillers Field is currently in the successfulearly completionstages of Millersconstruction, Field,with Esquire maintaining good momentum in the current climate of material price increases, supply and labour shortages. Homes Englandare hascurrently supportedbeing Esquiremarketed Developmentsfor sale off-plan and are being well received by the local market, with aone secondplot scheme,already reserved.

Upon completion of contracts on Millers Field, the Esquire team approached us to fund another development; Hill Farm, in Sittingbourne, whichKent. This £8.3m scheme is madeclose upto completion of 30legal homes,due 3diligence, keywith workerconstruction well underway to provide 30 family homes andfor the open market, an overflow carparkparking area and housing for key workers who support the Demelza Children’s HospiceHospice, situatedwhich nextis tolocated across the development.road from the site.

MoreDavid informationBraddon, aboutDirector theof HomeEsquire BuildingDevelopments, Fundsaid:

We’re canexcited to be founddelivering onthis our Homedevelopment Buildingin Fundpartnership —with developmentHomes finance page,England. orThis youis canthe getfirst inscheme touchwe have secured with oneHomes ofEngland, with our regionalsecond specialists.scheme Youshortly can:to complete.

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• Email this fundingenquiries@homesengland.gov.uk  
• Enquireis aboutone theof Homemany Buildingsuccessful Fundprojects online