Event Summary
GALLERY | Close Brothers examines state of play for SME developers
Respondents to a recent survey conducted by the lender are finding it tough to deliver in the current market. However, the government’s pro-growth agenda has given the sector an injection of optimism, attendees at an event heard last night.
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Close Brothers Property Finance and Place North gathered developers, consultants, and public sector leaders to the Dome in Manchester for a debate on the challenges facing SME housebuilders in 2025.
Attendees heard loud and clear that SMEs are ready and willing to do more to help the government reach its 1.5m homes target but that certain barriers would need to be removed if they are to do so.
A sluggish planning system, build cost inflation, and the need to comply with a growing list of regulations were cited by panellists as the main difficulties to getting spades in the ground and delivering new homes.
Close Brothers’ Laura Metcalfe opened proceedings. Credit: PNW
While the market has been and continues to be tricky to navigate after five years of economic turmoil, speakers at the conference were optimistic that things will improve in the coming years.
The government’s decision to increase local housing targets in many areas was pointed to as a big positive in moving the dial for the delivery of homes. Meanwhile, warming sentiment between private sector developers and local councils would pave the way for more partnership working that could unlock some of the region’s trickiest sites, the panel said.
The speakers at the event were:
Phil Cooper, director, Hope Architects
Kevin Marren, managing director, Eccleston Homes
Nicola Elsworth, assistant director – investment, development and housing, Tameside Council
Brian Burt, head of development finance – Midlands and North West, Homes England
Natasha McGann, housing project manager, Chambers Capital
Lynne Ridsdale, chief executive, Bury Council
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Such a great event, it was a pleasure meeting with all like minded people who share their experiences and passion
By Gregory Barton