Funding and Investment Partners in Portadown
Funding partners in Portadown are the lenders, institutional partners and landowners who provide the capital to buy land and build new homes. Land to Homes talks to development lenders and professional partners about specific sites and structures. Nothing on this site is an offer or invitation to invest, and we do not take deposits or money from the public.
Portadown · BT62Start a conversation
Tell us about your organisation or opportunity and we will call you back.
Prefer to talk? Call 0800 088 6248.
- Private conversationsEvery arrangement documented
- Land to homesLand, planning and construction
- Housing partnersCouncils and housing associations
- No public offerNothing here is an offer to invest
- UK-wideEngland, Wales, Scotland and NI
Schemes around Portadown
Portadown is the main town we cover in County Armagh, centred on postcode district BT62. Nearby, we also cover Lurgan, Banbridge and Armagh, all within 10 miles.
Around Portadown, we can talk to partners about design and build for a registered provider, joint ventures with landowners and social rent homes. Planning in Portadown follows Northern Ireland’s rules: the Strategic Planning Policy Statement sets national policy and the council’s Local Development Plan sets local policy.
To discuss a scheme near Portadown, call us or send a short note about the opportunity.
What you get in Portadown
Equity partners
Institutional partners can discuss forward funding or forward purchase of specific schemes, agreed privately and documented by each party's own advisers.
Not an offer to invest
Nothing on this site is an offer or invitation to invest, and nothing here is regulated investment advice, a recommendation or a solicitation.
Forward funding and purchase
For build to rent and affordable homes, we discuss forward funding and forward purchase structures with institutional and registered provider partners.
Development lenders
We discuss senior and mezzanine development finance with lenders on a site-by-site basis, with security and terms agreed through each party's solicitors.
Planning in Portadown: the Northern Irish rules
Countryside planning policy in Northern Ireland is generally restrictive, so land inside or next to the settlement development limits around Portadown is usually the strongest prospect for new homes. Outline planning permission can establish the principle, with reserved matters approved later. A promotion agreement lets us fund that planning work, with our costs recovered from the sale proceeds only if the land sells with planning. Your reasonable legal fees are covered too, agreed in the heads of terms.
In Northern Ireland, Stamp Duty Land Tax applies, and title and charges are registered with Land & Property Services. Planning agreements are made under Section 76, and most applications are decided by the 11 district councils. Northern Ireland property law and procedure differ from the rest of the UK, so partners need local legal advice.
| Local planning document | Local Development Plan (LDP), made up of a Plan Strategy and a Local Policies Plan |
|---|---|
| In-principle consent | Outline planning permission, with reserved matters approved later |
| Land transaction tax (paid by the buyer) | Stamp Duty Land Tax (SDLT) |
| Developer contributions | Section 76 planning agreements under the Planning Act (Northern Ireland) 2011 (there is no Community Infrastructure Levy) |
Common questions in Portadown
How is forward purchase different from forward funding?
With forward funding, the investor pays for the land and construction as the scheme is built. With forward purchase, the investor commits to buy the completed homes, but the developer arranges construction finance in the meantime. The choice affects risk, cost and timing for both parties, so each takes its own advice before agreeing terms.
What types of funding do residential developments use?
Typically a mix of senior development debt, sometimes mezzanine debt, and equity from the developer and its partners. Build to rent and affordable homes may use forward funding or forward purchase by an institution or registered provider. Landowners can also contribute land through a joint venture. The right structure depends on the scheme, and each party takes independent advice.
Do public bodies fund housing development?
Public bodies support housing delivery in each nation, for example Homes England, the government's housing and regeneration agency in England, and the Development Bank of Wales, which offers property development lending. Grant for affordable housing usually goes to councils and registered providers rather than developers. We describe these bodies for context; each has its own criteria.
How can a landowner co-invest in a development?
Instead of selling outright, a landowner can put land into a joint venture with a developer, agreeing how costs, decisions and proceeds are shared. This can suit landowners who want a longer-term involvement. It carries more risk than a sale, so independent legal, tax and financial advice is essential before agreeing any terms.
Can we discuss a partnership in Portadown?
We are happy to talk about specific opportunities in Portadown and elsewhere in County Armagh, including Lurgan and Armagh. Conversations are private and every arrangement is documented by each party’s own advisers. Nothing here is an invitation to invest.
Read more: Funding and Investment Partners · Guide: How is development land valued?