Published: 10:00, 11 August 2014 |
Updated: 11:01, 11 August 2014
A Tonbridge-based housebuilder has sealed a £10m investment deal accelerating its building programme across the county.
Award-winning, Millwood Designer Homes Ltd, is set for further growth after the investment managed by Kent law firm, Cripps.
The building company specialises in high quality, individually designed homes and aims to use the money to bring forward a greater number of sites across Kent, Sussex and Surrey in the next four years.
Cripps’ Katie Haylock, who worked on the transaction with colleague Phil Cunningham, said: “It was a complex deal involving a large London-based property investment company with some £3bn in assets.
“Its successful completion provides Millwood with the resources to unlock the potential of a large number of its development sites across the South East.”
“It was a complex deal involving a large London-based property investment company with some £3bn in assets" - Katie Haylock
Managing Director John Elliott said: “The housing market is robust in the South East and there is strong demand for good quality new homes.
“The industry is building homes at the fastest rate for a decade. There is still a long way to go before we meet the current shortfall but we are confident there will be an ever greater requirement for the homes Millwood provides – well-built, energy-efficient, attractive housing that will stand the test of time.”
For more information visit www.millwooddesignerhomes.co.uk or call 01732 770991.
Cripps has offices in Tunbridge Wells, Kings Hill, London and Sandwich.
Every morning at 10am we play you an hour of tunes from the 90s. We call it, #WeLoveThe90s.
Play 'Say It' with Garry and Laura on kmfm Breakfast and you could win £1,000!
Wake up to kmfm Breakfast with Garry and Laura - it's Kent's alarm call.
Your No1 guide to getting married in Kent. From dresses to discos and venues to veils, we've got everything you could possibly need for your big day
Education, Training & Childcare is a special supplement published by KM Media Group four times a year. Click here for latest e-edition.
A guide for your future. For year 11 students in Kent and Medway. Click here for the e-edition.
We have four editions of our Kent Homes, Gardens and Interiors magazine for you to read. Click here to view them all.