Grand Designs presenter Kevin McCloud is seeking to raise up to £50m to build about 600 “beautiful and sustainable” houses a year in a challenge to the soulless, identikit estates built by conventional developers. The bond issue marks a big step-up in housing development by McCloud, now filming his 18th series of the homebuilding and renovation television programme. Until now, McCloud has been behind several small projects, with 42 homes built in Swindon, 78 in Stroud and 50 in Winchester. A grand investment idea from Kevin McCloud, but it’s not without its risks Read moreMcCloud’s investment scheme comes with a lengthy list of wealth warnings. The bond is not covered by the Financial Services Compensation Scheme, so investors could lose all their money.

Source: The Guardian September 04, 2017 06:00 UTC