Member Article

£14m housing development on the Fylde Coast thanks to RBS funding

Kensington Developments is building 109 homes on the Fylde coast after securing £14 million funding facilities from the Royal Bank of Scotland.

Family-owned Kensington Developments has been providing high quality residential housing across the North West for 26 years and has been a Royal Bank of Scotland customer for more than two decades.

The Fylde coast development is expected to be completed in 2016.

Finance director at Kensington Developments,David Tingle, said: “This development on the Fylde coast will provide much-needed family housing and create jobs in the construction and services sector across the Fylde.

“We have a strong working relationship with the Royal Bank of Scotland which continues to provide funding solutions to meet our business aspirations.”

Director of real estate, Merseyside, Lancashire and Cumbria at the Royal Bank of Scotland, Steven Atwell, said: “We are delighted to support Kensington Developments on this latest project.

“The firm has shown a continued commitment to providing quality housing throughout the region and we wish the business every success for the future.”

This was posted in Bdaily's Members' News section by Sophia Taha .