Housing & Residential: South East Elivia secures £100m financing to fuel housebuilding growth January 14th, 2025 Deividas Krupstas Elivia Homes has secured a £100m financing deal to support its future growth plans. The Revolving Credit Facility (RCF), provided by Barclays and Natwest, will help unlock the building of much needed high-quality properties from its development pipeline of over 6,000 new homes. The flexible financing structure, with a term of up to five years, will enable Elivia to scale its operations with banking partners recognised for their expertise in the sector. Elivia has a strong pipeline of short-term sites, representing over £300m of GDV. Building on its strong track record in M&A, the group also remains active in exploring targeted opportunities that will enhance its business plan and further expand the Elivia proposition.The agreement marks another significant milestone for the housebuilder, which has achieved remarkable growth since receiving backing from funds managed by Octopus Investments in 2022. Over the period, the company has strengthened its footprint by acquiring Millwood Designer Homes and Seaward Strategic, while investing in high-quality land opportunities, expanding the Group’s land pipeline by more than 500%. Iain Brown, Elivia’s Chief Financial Officer, comments: “This agreement marks another crucial milestone for the business, providing the financial firepower and flexibility to drive growth. It will enable us to unlock our existing landbank in prime locations across the South East and comes at a time when we are beginning to see a positive shift in the planning environment to support delivery.” Chris Chiles, Elivia’s Chief Executive Officer, comments: “We are thrilled to have joined forces with Barclays and Natwest. Together we can continue our mission to deliver high-quality, sustainably-designed family homes of distinction across the South East. We have a highly scalable platform and all the building blocks in place to deliver against our growth targets.”Elivia builds approximately 300 homes annually across its of Central, Southern and Eastern operating regions. It has earned independent industry recognition, including Plant Mark accreditation for early adoption of zero-carbon technologies and the In-House Research Gold award for customer satisfaction.
