Hodge funds development of five new build properties in popular Surrey commuter village

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Bethany Steer 24 March, 2021

Working with Beckingham Homes (Alton) Limited, Hodge has funded the development of five new build properties, on a site previously taken up by a disused furniture warehouse, in Hindhead, a popular commuter village in Surrey.

The development, which consists of two one bedroom flats, two two-bedroom semi-detached houses, and one two-bedroom bungalow, is in a well-connected location, within walking distance of local amenities, a short drive from both Hindhead and Grayshott, and just 50 minutes from London Waterloo by train.

Hodge is providing just under £1m in funding to Beckingham Homes, an experienced developer with extensive experience of development projects similar to this.

Speaking about the deal, Greg Pescott, Senior Development Finance Manager, said, ‘It’s great to work with Beckingham Homes on this latest deal. I’ve built a strong and trusted relationship with them over the years, and they’re an excellent partner for a project like this. The development itself is set to be a fantastic asset to a local community where housing demand is high. I look forward to watching it progress.’

Andrew Macleod, Director of Beckingham Homes, said, ‘We’re delighted to have Hodge fund our latest development project. We’ve worked with Greg in the past, and have always found his approach to be pragmatic and commercially-minded, while being as flexible as possible. We hope to work with Hodge again in future.’

For more information about how Hodge can support your Development Finance ambitions, take a look here.