Salary: £30,755 - £71,761
Closing Date: Closing date: 10 Apr 2019
Location: Birmingham, West Midlands, B3 2PW : Coventry, West Midlands, CV1 2GN
Manager/Senior Manager Development Finance (5I0036, 5I0037)
This is an opportunity to join The Residential Financier of the Year - Homes England‚Äôs investment division is an increasingly important player in the field of residential development finance. You will be working with The Home Building Fund, a debt fund of some ¬£4.5bn. In 2017 we contracted ¬£608m of deals and built a pipeline of some ¬£400m more. We need creative, hard-working and talented individuals within a small dynamic team of property / lending professionals based in our Birmingham and Coventry office. We are looking for someone from a banking, property or surveying who can quickly review and prioritise multiple projects and lead / support projects through credit approval and diligence to achieve contract. Proposals typically involve senior and mezzanine debt of ¬£5m+ and we also have the ability to deploy equity for the right transactions.
There are two positions available at manager or senior manager level. The successful candidates will be expected to work between Birmingham and Coventry.
About Homes England:
Homes England is the new national housing agency, recently launched to play a major role in fixing the housing market and enabling delivery of homes that our country needs.
Homes England brings together land, money, expertise, and planning & compulsory purchase powers, with a clear remit to facilitate delivery of sufficient new homes, where they are most needed, to deliver a sustained improvement in affordability. We work locally in individual communities to help meet local priorities.
We invest mostly in building new homes, but also in creating employment floor space and other community facilities, in cities, towns and villages across the country. The homes we fund include affordable homes for rent and sale, and homes for rent or sale at market prices. Our investment helps build around half of all new homes built in England each year. It also helps increase local growth by creating jobs and supporting businesses.
We own public land, which we sell to house builders and others. This is one of the ways in which we overcome barriers to development and help increase the speed with which house builders can build new homes.
Homes England is an executive non-departmental public body, sponsored by the Ministry of Housing, Communities & Local Government.
Homes England was launched by the Secretary of State on 11 January 2018. Homes England is the trading name of Homes and Communities Agency. To find out more about what we do please visit: www.gov.uk/government/organisations/homes-england and find out more about how Homes England are Making Homes Happen http://sps.tmpwcomms.net/homesengland/.