National Housing Bank — Support for smaller housebuilders
Flexible, affordable development finance and dedicated support that helps smaller housebuilders unlock sites, accelerate delivery and grow sustainably.
Applies to England
The National Housing Bank (NHB) provides flexible, affordable development finance and dedicated support that helps smaller housebuilders unlock sites, accelerate delivery and grow sustainably.
By combining capital with deep technical expertise and local insight, we enable smaller builders to expand their pipelines, diversify supply and deliver the homes their communities need.
Backed by government, designed for delivery, and focused on helping smaller housebuilders thrive — this is finance that makes growth possible.
What sets us apart is:
- a strong appetite for risk
- genuine recycling — sales from completed homes can cover future build costs on the same site
Alongside our standard site finance, we also offer the accelerator loan, which provides development finance for your first site, plus headroom to purchase 100% of the land for your next scheme.
For some developers, we also off viability gap funding.
Our funding
Eligibility
Minimum scheme size: 5 homes.
Loan range: £250,000 to £200 million.
Equity requirement: Typically 20% (can be 10% for strategic schemes).
The site must be owned by a UK-registered entity and evidence of professional capability is required.
Product information
Loan term: Typically 3 years (longer terms available).
Maximum loan to cost (LTC): 90%, typically around 80%.
Equity contribution can include planning gain.
Interest margin: 2% to 6%, capitalised quarterly.
Accelerator loan interest margin: typically 3% to 7%. The land acquisition tranche will typically be priced at 1.5 times to 2 times the development finance margin.
Arrangement fee: 1% (no non-utilisation or exit fees).
Senior and mezzanine lending only.
How to apply
Enquire about funding and support from the National Housing Bank.