London property developer announces £10m investment for “outstanding” new homes

A London based property developer has announced a £10m “development facility” from United Trust Bank for a collection of new homes in West London’S Kensal Green.

Yellow Brick Estates has begun construction on Kensal Views, with practical completion of the scheme set for late Q3 2022.

The development is located in the heart of the Kensal Green regeneration area. Kensal Views is set to provide 38 one-, two- and three-bedroom apartments, with almost all the homes set to be available to purchase through the Government’s Help to Buy scheme.

The development is situated close to the amenities of Kensal Green, with numerous public transport links including the HS2.

Tobias Chang Pico, CEO of Yellow Brick Estates said: “Yellow Brick Estates are pleased to announce the £10m development facility from UTB for our new Kensal Views project.

“The scheme will be providing Kensal Green with an outstanding collection of new homes which we look forward to launching in the coming months.”

Edward Weekes, United Trust Bank, commented: “I am delighted that UTB are supporting Yellow Brick Estates once again. As a regular borrower with whom we’ve built a strong and trusted relationship, we’ve been able to provide Yellow Brick with a variety of funding facilities.

“We have been impressed with Tobias and his highly professional team who have demonstrated time and again that their reputation for delivering attractive homes and successful developments is very well founded.”