Richborough has agreed a multi-million-pound debt facility with Homes England to accelerate planning activity and support the government’s target of delivering 1.5 million homes during the current Parliament.

The flexible funding arrangement will enable the company to invest in new sites and planning applications across England, increasing the supply of consented land for SMEs, housing associations and major housebuilders.

The agreement marks one of the first commitments made through the National Housing Bank, a newly established vehicle operating under Homes England. The bank is designed to provide government-backed financing to unlock housing and regeneration projects while attracting private investment and boosting delivery at scale.

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Richborough has outlined ambitious plans for the year ahead, with more than 30 planning applications expected to be submitted in 2026, covering around 12,500 new homes. This follows a strong performance in 2025, when the company submitted applications for approximately 9,000 homes and completed land sales to major developers including Barratt Redrow, Bellway, Bromford, Charles Church, Vistry Group and Taylor Wimpey.

Simon Century, Chief Executive Officer for the National Housing Bank, said: "Homes England works with partners who share our ambition to accelerate the delivery of quality homes in the places they are needed most. Our loan with Richborough, supported through the National Housing Bank, demonstrates our commitment to enabling housing delivery where it can have the greatest impact."

Paul Campbell, Chief Executive at Richborough, added: "We are delighted to partner with Homes England to scale Richborough’s impact for housing delivery. Decision times for major planning applications are taking three times longer now than in 2014* and against this backdrop, flexible long-term capital is essential. This facility gives us the confidence to invest earlier in more sites, maintain momentum through the planning process, and bring forward high-quality, well-designed schemes that can be built quickly once consented."