Families across the South of England will soon benefit from hundreds of new homes, made possible by a multi-million-pound finance package provided to housing developer Wyatt Homes by Homes England’s Home Building Fund and HSBC UK.

The Home Building Fund is one of the ways that the agency works with the private sector to deliver on the government’s mission to build 1.5 million homes this parliament.

The package will enable Wyatt Homes to grow its output to build more than 300 homes a year across developments in Dorset, Hampshire, Somerset and Wiltshire, which will include the delivery of much needed new affordable housing.

The previous finance package provided by Homes England and HSBC UK in 2022 accelerated the delivery of more than 1,000 new family homes across multiple sites.

Shaun Pettitt, managing director at Poole- based Wyatt Homes, said: “This funding is a pivotal step for us, as we look to scale up and bolster the delivery of hundreds of new homes.

“Our commitment to quality of design and high standards of construction remains unwavering as we expand our operations through the delivery of a significant pipeline of new developments. 

“In doing so, we will continue to strive to provide not only essential housing, but also to build vibrant, long-lasting communities that will stand the test of time.”