Shawbrook has surpassed £3 billion in development funding for UK property developers, as demand grows for more flexible finance as developers’ needs become more complex.
The milestone comes as the bank marks 10 years since launching its Development Finance business.
Over the past decade, Shawbrook has supported more than 800 development projects, helping deliver over 11,000 homes and more than 1,400 purpose-built student units across the UK. The schemes span residential, commercial, co-living and care sectors, contributing to housing supply and regeneration at a time when many mid-sized developers are navigating increasing cost pressures, planning complexity and evolving funding requirements.
Shawbrook’s Development Finance team focuses on providing flexible funding solutions, working alongside developers and intermediaries from planning through to completion to help manage the practical challenges of funding and delivery.
Recent transactions include the development of four high-end townhouses overlooking the Old Course in St Andrews, a £13 million facility supporting the construction of 42 residential apartments in Wimbledon, and a £4.2 million facility backing the delivery of sustainable housing in Melton Mowbray.
Terry Woodley, Managing Director of Development Finance at Shawbrook, said:
“Reaching £3 billion is a significant milestone, particularly as we mark 10 years since the Development Finance team was established. More importantly, it reflects what that funding has enabled, including the delivery of over 11,000 homes across the UK and a meaningful contribution to much-needed housing supply.
At the same time, our research highlights a clear ‘critical middle’, with half (50%) of mid-sized property developers saying they do not feel aligned with traditional lending criteria*. This reflects the increasing complexity of projects at this stage. When developers can access the right specialist support, the impact goes beyond individual schemes, unlocking sites, accelerating delivery and supporting wider economic activity.
That’s where we continue to focus, supporting developers with the right funding and expertise to help bring projects forward.”
