Property development finance is an increasingly flexible option for many property developers looking to fund a variety of commercial or residential properties. With the increasingly ageing population in the UK, the demand for community developments which will support the care of residents in areas across the country is increasing. As a result, the NHS has introduced new healthy towns network which is encouraging property developers to help to regenerate certain areas across the UK.
What Is The Healthy New Towns Network Initiative?
The Healthy New Towns Network has been developed by the NHS to help spread best practice. The network is encouraging property developers to join this initiative to help to materially improve population health in areas of development and regeneration. With several challenges currently facing the NHS, such as people living longer but in poorer health, numerous preventable conditions which are causing illness and death in residents, and numerous health inequalities due to a series of deprived areas, property developers are being encouraged to get on board with this project. This programme aims to accelerate home-building, to shape new neighbourhoods, help to rethink the delivery of healthcare services, and ultimately spread good practice in future developments.
Benefits For Property Developers
There are some benefits for property developers who join this network, including:
- Opportunity to raise the profile of leading work, with conferences & networking events
- Collaboration with demonstrator sites
- Links to government departments
- Access to meetings and resources
- Opportunities to advise on high profile, national redevelopments, with media interest
- Opportunity to become nationally and internationally recognised as a leader in the creation of healthier places
Financial Options For Property Developers
When developing healthier communities there is a number of development options investors and property developers can consider. With retirement villages, hospitals and care homes all available to finance with help from development finance or a bridging loan dependent on the individual project requirements, there are numerous opportunities for growth in the healthcare sector. Even if property developers opt-out of joining the Healthy New Towns Network, they are still able to produce effective care facilities and develop or refurbish existing health care properties across the UK.
At Tiger Financial, we can provide flexible financial solutions for property developers looking to develop within the healthcare sector. Alongside our finance options, JV and equity are also available options from our exclusive panel of lenders, and each client’s buyer profile and the individual project will determine the most appropriate financial solution for them. Apply through Tiger Financial today.
This article was written by Matthew Dailly, Managing Director of specialist bridging loan and development finance company Tiger Financial Ltd.
For more information, or to apply for a bridging loan, contact us.