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Genesis Homes use development loan to create EcoGen housing scheme

Genesis Homes

At a glance

    • North West based property developer set to complete eco-friendly housing scheme in Cumbria with funding from Shawbrook
    • This is the first EcoGen project for established developer, Genesis Homes
    • The seven-figure development loan is enabling the completion of 16 zero-carbon homes using green power and smart technology throughout

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Eco-friendly housing

Genesis Homes, an established developer of practical and stylish homes in the North West, is creating an eco-friendly housing scheme in Cumbria, with funding support from Shawbrook. 

Pennine View, located in Calthwaite in Cumbria, is Genesis Homes’ first EcoGen development and consists of 16 new sustainable zero-carbon homes using green power and smart technology throughout. Properties will be 100% electric with infrared heating, solar assisted heat pumps, battery storage energy efficient lighting and electric vehicle charging facilities provided for each home.​

Genesis Homes has already released 13 of 16 homes for sale and secured 11 reservations on the development, which offers a core selection of two, three, four and five, bed houses.

Introduced by Housing Growth Partnership, Shawbrook’s Development Finance team arranged a seven-figure development loan to support the developer with the completion of this project.  

“We were introduced to Shawbrook by Housing Growth Partnership and right from the start, we found that the team understood our plans."

- John Blue, Land Director at Genesis Homes

John Blue, Land Director at Genesis Homes said: 

“What stood out most for us was Shawbrook’s ability to remain flexible. The development did not start out as an eco-friendly housing scheme. However, Shawbrook was happy to support the change to EcoGen mid development and provide additional funding to cover the related upgrade costs. “ 

 

Joanne Loftus, Relationship Director, Shawbrook said:

“Genesis Homes has a longstanding reputation as a developer of quality and practical homes in the North and they have applied this same principle to their new sustainable project in Cumbria. We are delighted to have supported Genesis Homes with this eco development and look forward to seeing the completed housing scheme.” 

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