Barratt Partners with Lloyds and Homes England for £150 Million Housing Initiative
The joint venture aims to tackle the UK's housing shortage with large-scale developments and streamlined planning.
- Barratt Developments, Lloyds Bank, and Homes England form the MADE Partnership to develop 1,000 to over 10,000 homes per site.
- The initiative focuses on brownfield and garden village-style developments to meet Labour's 1.5 million homes target.
- Angela Rayner and Keir Starmer are key figures in pushing the government's ambitious housing plans.
- The partnership brings combined equity funding of up to £150 million to support large-scale residential projects.
- Streamlined planning procedures and government support are expected to boost housing supply and economic growth.