Cardiff-based Pure Property Finance has been announced as the sole finance partner of the Planning Portal, the UK’s official online service for submitting planning applications in England and Wales.
Pure Property Finance has teamed up with UK Government-backed Planning Portal to help developers secure funding and planning support more easily.
From small residential refurbs to major development sites, the firm said the new partnership will make it quicker and easier for developers to access both planning support and funding in one place.
The Planning Portal is a joint venture between the UK Government (Ministry of Housing) and TerraQuest, and is set to handle the vast majority of planning submissions across England and Wales.
Pure Property Finance was founded in Cardiff in 2013 and has since helped secure over £2 billion in funding for residential and commercial property projects.
Stuart Mico, CEO at Pure Property Finance, said:
“We are truly honoured to be the sole finance partner of the Planning Portal. As a small team in Cardiff, it’s great to be recognised for the incredible work that we’re doing and we are very much looking forward to how the Planning Portal will improve the process and communications for developers in England and Wales.”
Pure’s partnership with Planning Portal will aim to identify early-stage planning opportunities before applicants go through the formal submission procedure.