Homes England and Banks Agree £165 Million Deal with Allison Homes

(L-R) John Anderson and Ian Trinder

Homes England, alongside HSBC and NatWest have struck a £165m deal providing homebuilder Allison Homes, funds to expand in the East of England, the Midlands and Southwest. 

The refinancing package will enable the company to accelerate land acquisition and development and increase the supply of affordable homes in its regions.

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.”

HSBC and NatWest have worked with Allison Homes for several years, and Homes England is joining the existing lenders to provide further growth capital for the business, supported by a pipeline of consented sites. The homebuilder has recently acquired its largest site yet – a 510 home development in a prime Bristol location.

£165 Million Deal

Ian Trinder, Chief Financial Officer of Allison Homes, said: “This financial package means we can continue our ambitious growth trajectory, whilst focusing on what matters most – building high-quality homes.

“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.”

The loan will be utilised to take delivery from around 700 homes a year, predominantly from the East Division, to around 2000 homes over the term of the loan.

Financing will be provided by the Home Building Fund, which is designed to support SME housebuilders to overcome funding barriers in order to build homes more quickly.

Completion of the facility took place on 18 December 2025.

The new National Housing Bank, a subsidiary of Homes England, will be launching in April 2026 to fund more housebuilding.

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