Richard Roberts

“Having access to working capital is essential in our industry because of the capital-intensive nature of our work. The investment has been key in helping us to grow our team from one to six to meet the increased demand for our services.”

Ian Preston, Managing Director, Richard Roberts 

Richard Roberts secured a £500,000 investment from NPIF – FW Capital Debt Finance, as part of the Northern Powerhouse Investment Fund, allowing the firm to enjoy significant growth.

The Leeds-based specialist land promoter provides a full-service solution that helps customers gain planning permission to sell their property, maximising its value for the seller and facilitating land for further residential development to the market. The team are experts in securing planning permission where there are seen to be potential constraints.

The funding helped create five new roles and provide working capital to support Richard Roberts’ new project wins which will help to drive the growth of further land developments across the North.

The first NPIF investment phase has now completed with the British Business Bank launching the Northern Powerhouse Investment Fund II in March 2024.