Atelier provides £16m loan for Somerset homes

Putting 2024 in the rearview mirror brought about a degree of optimism for the year ahead, with the familiar mantra of ‘survive to 2025’ ringing – if you made it to this year, then the grass on the other side was greener. While there have continued to be consistent barriers hampering housebuilding and development, the market has been remarkably resilient, and in spite of the egregious economic conditions, we have seen a substantial rise in deal flow and opportunities from developers across residential, PBSA and care. In fact, it has been the best year for deal flow at Atelier yet. It was clear that the market needed to respond more effectively to the needs of developers, to help get spades in the ground. We’ve answered the call – launching higher Day One advances to make equity work harder and travel further. This has corresponded with a re-crafting of our financial model as part of our ‘Better Day One Funding’ initiative, shortening the equity gap and enabling developers to get projects off the ground far more quickly.