27 Jan 2026
The Hill Group Completes £300m Credit Facility Refinance

The Hill Group

The Hill Group, the UK's second largest privately owned housebuilder, has successfully completed the full refinancing of its revolving credit facility, increasing total committed funding to £300 million with a maturity extending to December 2030.

 

The revolving credit facility has been the Group's principal source of debt funding since 2015, and this third refinancing package demonstrates the continued confidence and long-term support of Hill's core banking partners HSBC, Lloyds, NatWest and Santander. The increased facility provides long-term funding certainty and flexibility to support delivery of the Group's five-year business plan up to 2030, which will double the size of the business to £2.3bn by 2030. This will be achieved by focusing on sustainable growth, operational resilience and the increased delivery of high-quality homes and regeneration projects across the UK.

 

The refinanced facility retains its Sustainability Linked Loan (SLL) status, first achieved by the Group in 2021, reflecting Hill's ongoing commitment to environmental performance, social value and responsible development. Sustainability targets embedded within the facility align with the Group's wider ESG strategy, including carbon reduction, renewable energy sources and positive community outcomes.

 

The new SLL will fund Hill's long-term development projects, including the multi-award-winning Marleigh Park development in Cambridge, Coventry City Centre South, a landmark redevelopment set to transform the city centre and create a pedestrian-friendly residential, shopping and leisure hub, and the large-scale regeneration of the Teviot Estate in Tower Hamlets, London.

 

Tony Parker, Group Finance Director at The Hill Group, said: “This third refinancing of our revolving credit facility is a landmark moment for Hill, with an increased commitment from our long-standing lending partners. HSBC, Lloyds, NatWest and Santander have supported the business since 2015, when we first raised £120 million, and we are grateful for their continued backing as we deliver our growth ambitions through to 2030. We would also like to thank NatWest and Lloyds for their roles as lead arranger and ESG co-ordinator, respectively.”

 

Paul Eyre, Head of Residential and Housing Finance at NatWest, said: “We were delighted once again to support Hill as lead arranger on this refinancing of its revolving credit facility. Hill is a valued, long-term customer of the bank and we look forward to continuing our relationship, supporting its growth plans and the delivery of much-needed homes into the next decade.”

 

David Cleary, Managing Director for Housing at Lloyds, said: “We are proud to have supported Hill's ESG journey since 2021 and to act as ESG co-ordinator on this refinancing facility. Sustainability in housing is complex, and we have seen firsthand how hard Hill has worked to remain a leader in this area by embedding sustainability into its homes and communities. We look forward to continuing to work with the team as the business enters its next phase of growth.”

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For more information, contact The Oracle Group on 020 8394 2821 or  hill@oraclepr.co.uk

 

  

About The Hill Group

 

The Hill Group is a top 10 housebuilder and one of the leading developers in London, the home counties, and the South. The company is renowned for its partnership ethos, specialising in the building of distinctive new places and communities where people want to live, work, and socialise.

 

In its 26th year, this family-run company has grown to establish itself as the UK's second-largest privately-owned housebuilder, with an impressive and diverse portfolio of projects ranging from landmark, mixed-use regenerations, and inner-city apartment developments to homes in rural communities. 

 

Employing nearly 1000 people, the company operates from five strategically located regional offices including Bristol and Abingdon to help facilitate growth in the South West and the Midlands, with its head office based in Waltham Abbey, Essex. 

 

Hill completed more than 2,800 homes in the last financial year and has a development pipeline of over 32,000 homes, including 10,200 with planning consent. Around half of its portfolio is in joint ventures to deliver a range of mixed-tenure developments, reflecting Hill's commitment to partnerships with government, local authorities, housing associations, and private clients. 

 

Since the company was founded in 1999, Hill has won over 500 industry awards, including the esteemed title of WhatHouse? Housebuilder of the Year in 2015, 2020 and 2023. Most recently, Canalside Quarter won Gold for Best House, and Hollymead Square won Gold for Best Sustainable Development at the 2025 WhatHouse? Awards.

 

Hill's dedication to delivering the highest quality homes and exceptional customer service has earned the housebuilder its 5-star status in the Home Builders Federation's annual Customer Satisfaction Survey for the past eight years. Hill is a registered developer with the New Homes Quality Board (NHQB) and follows the New Homes Quality Code (NHQC), a new industry standard to ensure high-quality homes and an exceptional customer experience. With a score of 4.8 out of 5, Hill is also ranked as the number one housebuilder on Trustpilot.

 

In addition, Hill is donating 200 fully equipped modular homes to local authorities and homeless charities as part of a £15 million pledge through its Foundation 200 programme, launched in 2019 to mark Hill's 20th anniversary.

 

Follow us on LinkedIn and Instagram @HillGroupUK

 

For more information, contact The Oracle Group PR Agency on Tel: 020 8394 2821 or hill@oraclepr.co.uk

 

The Hill Group was listed within the top 10 of the Top 50 Housebuilders published by Housing Today in December 2025.