Incorporating Sustainable & Green Practices Into Your Development Project

Incorporating sustainable and green practices into development projects is not only beneficial for the environment but also enhances the long-term value and appeal of the project. As the demand for eco-friendly buildings and sustainable developments increases, adopting these practices can give developers a competitive edge. Here we explore key strategies for integrating sustainability into development projects and highlight the role of development finance providers, like BLG, in supporting these green initiatives.

The Importance Of Sustainable Development

Sustainable development focuses on minimising the environmental impact of construction and ensuring the efficient use of resources. The benefits of incorporating sustainable practices include:

  • Environmental Protection: Reducing carbon footprints and conserving natural resources.
  • Cost Savings: Lowering energy and water consumption, leading to long-term savings.
  • Market Appeal: Increasing the value and marketability of properties as consumers become more environmentally conscious.
  • Regulatory Compliance: Meeting or exceeding government regulations and standards for green building.

Strategies For Sustainable Development

Energy Efficiency

  • Renewable Energy Sources: Incorporate solar panels, wind turbines, or geothermal systems to harness renewable energy.
  • High-Efficiency HVAC Systems: Use heating, ventilation, and air conditioning systems that consume less energy.
  • Insulation and Windows: Install high-quality insulation and energy-efficient windows to reduce heating and cooling needs.

Water Conservation

  • Low-Flow Fixtures: Install low-flow taps, showerheads, and toilets to reduce water usage.
  • Rainwater Harvesting: Implement systems to collect and use rainwater for landscaping and non-potable uses.
  • Smart Irrigation Systems: Use irrigation systems that adjust based on weather conditions to prevent overwatering.

Sustainable Materials

  • Recycled and Reclaimed Materials: Use recycled or reclaimed materials for construction to reduce waste.
  • Locally Sourced Materials: Source materials locally to reduce transportation emissions and support local economies.
  • Sustainable Timber: Use certified sustainable timber for construction.

Waste Reduction

  • Construction Waste Management: Develop a plan to recycle and reuse construction waste.
  • Modular Construction: Utilise modular construction techniques to minimise waste and increase efficiency.
  • Deconstruction: Plan for the deconstruction of buildings to facilitate recycling of materials at the end of their life cycle.

Indoor Environmental Quality

  • Natural Lighting: Design buildings to maximise natural light and reduce the need for artificial lighting.
  • Air Quality: Use low-VOC (volatile organic compound) materials to improve indoor air quality.
  • Green Spaces: Incorporate green spaces and vegetation within and around buildings to enhance air quality and provide recreational areas.

Partnering With Development Finance Provider BLG

Incorporating sustainable practices often requires additional upfront investment. Partnering with a development finance provider like BLG can help secure the necessary funding to implement these green initiatives. We offer a wide range of funding options, including residential development finance and commercial development finance and bridging loans property development. Ensuring your development projects not only meet environmental standards but also achieve financial viability. Our expertise in finance helps developers navigate the complexities of funding eco-friendly projects and maximising long-term returns.

Benefits Of Green Financing With BLG

  • Flexible Financing Options: Customised financing solutions to meet the specific needs of sustainable projects.
  • Expert Guidance: Professional advice and support throughout the development process to ensure the successful implementation of green practices.
  • Enhanced Project Value: Financing that adds value to projects by enabling the incorporation of the latest sustainable technologies and practices.

Incorporating sustainable and green practices into development projects is essential for creating environmentally responsible and economically viable buildings. By focusing on energy efficiency, water conservation, sustainable materials, waste reduction, and indoor environmental quality, developers can contribute to a healthier planet while enhancing the appeal and value of their projects. Partnering with a trusted development finance provider like BLG ensures that these initiatives are financially supported and successfully implemented, paving the way for a greener future in the development industry.

WHAT OUR CUSTOMERS SAY ABOUT US

"A challenging site like no other with every inch of the plot being built on and 12 apartments built-out through a driveway 2.5m wide off of a main high street with limited access rights, not to mention all the complexities associated with 13 Party Wall Agreements. Most lenders would not have had the vision for the scheme or the confidence in Spiller Builders to build out the scheme.  I just wanted to say how helpful the entire BLG team have been during the build. A very approachable and knowledgeable team, with a “can do” approach to lending. We will be looking to do more business with you for sure."

“We have used BLG for development finance for over 8 years. During that time we have found their knowledge and expertise in the property development industry to be second to none. Their loan process, pragmatic and flexible approach to lending and flexibility when required has supported our business needs throughout the period and provided us with support to deliver new homes in Bristol and the surrounding areas.”

“As property developers you never know the curve balls that you may get and a project that is great on paper may prove a bit more tricky.  This happened to us on a project that BLG have funded and throughout they have supported us.  Our business likes to be collaborative and when we hit those tough moments it really felt like we were working as a team with BLG.  If you have a decent project you can get it funded, but what you really need is a business that is there to support and advise you as well.  For us on this project it was BLG.”

“I approached BLG Development finance with an opportunity I had in Chesham, Buckinghamshire, to build 5 new build houses in 2021. My main contact was Anil Bains who is a Director covering Asset Management. Within very quick timescales, BLG provided me with indicative quotes in regards the finance levels they could offer me. Having considered those levels, I requested a valuation to be carried out which again was dealt with swiftly. We proceeded to completion. The build went very smoothly with monthly monitoring being carried out by BLG and monthly drawdown requests dealt with in a very timely manner. Due to a difficult time generally in the market in regards selling, I was in need of a six-month extension to the loan which again was appraised very quickly and granted. Having dealt with numerous funders over the last 20 years, I can only speak highly of my personal experience with BLG and would very confidently work with them again on any future projects. “

"From our side it has also been a pleasure working with BLG and the team there. We have found you easy to deal with, proactive in resolving any minor issues that have arisen through the project and shown great flexibility in working with us as a partner. We will certainly like to work with you on future partners."

“I really appreciate your hard work. We really like the way you communicate & I must say I haven't seen many people who are that approachable.”

“A very efficient processing team, dealing with the DD once deal credit approved, through to completion”

“Many thanks for your efforts on this one and getting it approved and sorted so swiftly, very much appreciated. I am sure I will be speaking to your over the coming months.”

“We had other funding options, but chose to use BLG again, as we work well with the team, who always provide very clear information and advice with a friendly approach throughout the funding process. Very efficient and always very helpful.”

“Many thanks Anil, it’s been a real pleasure working with BLG so far.  We’re lining up the next project too”

“We would recommend all staff we have dealt with at BLG, as we are very satisfied with the team and the initial offer/terms presented, then you and the funding team, through to the draw down team at valuation stage.”

“All documents are clear and the way you keep clients informed, all the way along the funding process, is refreshing for us”

“With regard to what should be improved at BLG, we work with many lenders in our business and we do not get the help and response we have had on the two projects with all at BLG on our funding for our developments.”

“We would particularly mention Dave Edwards and Tom Pitts as being central to having a smooth working relationship and being positive and helpful at all times. Their guidance in helping us navigate the project from inception to completion was invaluable. As was their patience, particularly at the beginning. We look forward to many future projects with the BLG team.”

“We would like to express our appreciation for your support on our development in Bristol. We were very pleased that, from the outset, you shared our vision of the project to convert a dated but classical building, that had outlived its usefulness as a school, into unique luxury apartments with views overlooking the city. We found our dealings practical and streamlined. Monthly payments were processed in an efficient and timely manner.”

“BLG are very good at communicating with clients and all documents are very clear and all at BLG are always happy to help.”

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