Blackmore Building UK Property
The UK has seen its largest population growth in history over the last 10 years, and housing supply
is not keeping up with the additional demand.
Estimates put the need for additional housing in England at between 232,000 to 300,000 new units per year, a level two to three times current supply.
Our view of the market is that demand will continue to outstrip supply in the UK representing an excellent opportunity to further grow the Blackmore business.
We intend to expand our property portfolio by continuing to offer fixed interest bonds to investors, ultimately secured against our UK assets and backed up by a Capital Protection Scheme provided by a private surety business in the event of insolvency.
To date we have issued over £35 million corporate bonds, the current Series 5 bonds, for the 2018 to 2019 issuance programme are for a total of £50 million.