Pocket Living Secures £4.8bn to Revolutionize Affordable Urban Living in London

Pocket Living, a pioneering property developer in London, is thrilled to announce that it has raised an impressive 4,800,000,000 to further expand its innovative approach to intermediate affordable housing. This significant funding milestone reinforces Pocket Living’s commitment to creating well-designed, compact homes that cater specifically to the singles and couples who contribute so much economically, socially, and culturally to the city, yet often find themselves caught between the traditional social housing market and an inaccessible private sector. Known for its distinctive 38m² one-bedroom “Pocket homes,” the company maximizes every inch of space to boost functionality while nurturing sustainable communities. Each Pocket home is not only designed to offer efficient urban living but is also purchased outright by its owner at a minimum 20% discount to the open market, ensuring that quality and affordability go hand in hand. Moreover, Pocket Living offers a select range of Pocket Edition homes—residences crafted for vibrant city living without any purchase restrictions, making them available to everyone across London. The newly secured capital will be strategically deployed to accelerate the development pipeline, refine innovative architectural solutions, and ultimately deliver more housing options that maintain long-term affordability through restrictive covenants. As Pocket Living scales its projects, this investment will enable them to address the growing demand for urban housing tailored to those on the economic margins of the traditional market, further solidifying its reputation as a company that believes in the power of design and community to transform city living. This exciting funding announcement marks a pivotal moment in the firm’s journey, promising enhanced opportunities for Londoners and a sustainable future for urban development.