How Effective Property Development Can Help Save The Planet

 

Safeguarding our environment is a major concern for millions of people around the globe; in fact, many people are trying to do their bit for the planet, however big or small it may be.

From 2040, the UK government has said the sale of all petrol and diesel fuelled cars will be banned – with strong calls for that date to be brought forward by a decade. But the UK has already made great strides forward in becoming a more energy-efficient place to live with a crackdown on heavy pollution vehicles, charging shoppers for single-use carrier bags and phasing out incandescent light bulbs in favour of energy-saving ones.

There are now plans to reward people who return their plastic bottles in a bid to tackle the alarming amount of plastic that is clogging up our oceans.

Professional property developers and self-homebuilders are also doing their bit for the environment with more looking at incorporating new technology into their designs to lower energy consumption and costs. From installing extra thick loft insulation or triple glazing to reduce heat loss or taking advantages of a south facing roof by using solar panels, there are numerous ways of benefiting from an energy-efficient property through effective property development finance.

Given the continuing housing shortage in the UK, there will always be a large demand for modern-day properties with rising awareness of the benefits of eco-homes. When property developers truly plan for the future, building with environmentally friendly materials, making sure their buildings are energy efficient and reducing consumers’ energy costs in the long run – everyone reaps the rewards.

Although the “Zero carbon policy” was scrapped by the Government in 2017, the bigger picture is that many housebuilders have adopted the eco-home ethos with the aim of being carbon neutral.  Recently, London joined 18 international cities, committing that, by 2030, all new buildings will be rated net zero carbon.

Developing environmentally friendly housing is greatly assisted by huge advances in technology which can ultimately make a property self-sufficient. Today homes are being built that can harvest rainwater, filter and recycle waste water, clean and pump used air (extracting and recycling heat as they do so), and utilise anti-heat loss window glazing. There are also intelligent systems for smart lighting and heating, monitors and meters that provide the homeowner more control of the resources they need, when they need them, ultimately minimising wastage.

Some systems have been designed to create energy, not only to power the individual property but also to sell any excess back to the power firms.

If you are looking for a professional development finance lender, BLG Development Finance (Business Lending Group) can help you finance your eco-friendly development sites and projects. With a range of funding available for residential developments, give us a call today on 0845 465 6500 and let us help you turn your housing development dreams into reality.

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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