Foreword

Since our first issue, whilst conditions have remained challenging, the collective endeavours of the market continue to impress. Builders want to keep building and, with some exceptions, lenders want to help— we know this as we have projects progressing with plenty of them!

First up in this issue, our partner lender Sancus shares their story. Where have they come from? Where are they now? Where are they going? Richard Whitehouse and Jaxon Stevens tell all and illustrate just how important SME developers are to their business; this common purpose is at the heart of our growing relationship.

Lee Jackson then introduces WholeHouse, Travis Perkins’ revolutionary new offering which allows SME developers to fully design and cost houses online. Having attended the launch event in March where we heard from an SME who was already building some fantastic new homes in Somerset using the platform, it is clear to me that this system is potentially game-changing.

Our feature article sees us delve deep into the world of finance brokers—an expensive luxury, or more important than ever? Once you have read the views of our experienced panel, it’s for you to decide. At LDS, we work with quality brokers who package our Sales Guarantee with senior debt to deliver high geared and low risk funding, allowing developers to build more whilst reducing risk.

Rounding things off, our Investment Committee chair Gordon More shares some eye-opening market reflections including around planning and government regulation. Informed by his time as CEO of Homes England and his current work on the boards of both builders and capital providers, Gordon is always insightful and never dodges challenging or controversial matters.

Enjoy the issue, have a crack at the competition (the prize is certainly worth winning) and do get in touch to let us know what you think.