{"id":890885,"date":"2026-02-07T23:12:05","date_gmt":"2026-02-08T05:12:05","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/02\/07\/salboy-construction-arm-expands-into-third-party-contracting\/"},"modified":"2026-02-07T23:12:05","modified_gmt":"2026-02-08T05:12:05","slug":"salboy-construction-arm-expands-into-third-party-contracting","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/02\/07\/salboy-construction-arm-expands-into-third-party-contracting\/","title":{"rendered":"Salboy construction arm expands into third-party contracting"},"content":{"rendered":"
\n

\"Salboy-Construction-Tuckingmill-Cornwall_1024x683_144dpi.webp\"<\/p>\n

\n

Salboy has officially launched its construction arm to the wider market, opening up the business beyond group-related schemes for the first time.<\/p>\n

The Manchester-based developer and funder<\/a>, founded by Betfred owner Fred Done, said Salboy Construction would now work for third-party developers, funders and housing associations across the UK.<\/p>\n

Salboy Construction was established in April 2024 as a separate company within the wider Salboy group, but has until now focused on building its team, systems and delivery record while serving Salboy-backed projects.<\/p>\n

The business was created to deliver complex, time-critical and distressed residential schemes amid rising build costs, capacity constraints and programme risk, which have slowed housing delivery nationwide.<\/p>\n

In less than two years, Salboy Construction has grown to a team of 16 construction professionals, quantity surveyors and procurement specialists.<\/p>\n

It has delivered 120 homes and has a further 139 under construction across Greater Manchester, Cheshire, London, Cornwall, Lincolnshire and Staffordshire.<\/p>\n

Completed and live schemes include new-build housing in Wandsworth, Tuckingmill in Cornwall (pictured) and Tean in Staffordshire, alongside the takeover of a 70-home stalled site in Lincolnshire and the reset of two distressed urban projects in south London.<\/p>\n

The business has also delivered a 77-home affordable housing scheme in Cornwall and has recently begun work for three registered providers, reflecting demand in cost-sensitive parts of the market.<\/p>\n

Salboy chief financial officer Andrew Cavanagh said the difficulty of securing capable contractors was increasingly stalling viable housing schemes.<\/p>\n

He said buyer demand and funding availability remained strong, but projects were slowing or stopping because contractors could not be mobilised quickly enough or provide certainty on cost and programme.<\/p>\n

Salboy Construction operates a hybrid delivery model, combining its own direct delivery teams with a national network of regional partners, including Domis Construction, Salboy\u2019s long-standing construction partner in the North West.<\/p>\n

The structure is intended to give Salboy oversight of governance, reporting, quality and cost control across all schemes.<\/p>\n

A key differentiator is a homegrown procurement network that allows regional partners to save up to 20 per cent on common building materials, according to the firm.<\/p>\n

Salboy said the network gives small and medium-sized contractors access to buying power and supplier relationships typically associated with listed housebuilders, helping to manage inflation and material price volatility.<\/p>\n

Access to the procurement network is also available to developers funded by Salboy Capital, the group\u2019s property funding business.<\/p>\n

Stephen Ward, construction director at Salboy, said the new arm was designed to fill a gap where otherwise viable housing schemes were unable to progress due to delivery issues.<\/p>\n

Source: Salboy announcement<\/em><\/p>\n<\/div>\n<\/div>\n

Read More<\/a>
\n Ben Vogel<\/p>\n","protected":false},"excerpt":{"rendered":"

Salboy has officially launched its construction arm to the wider market, opening up the business beyond group-related schemes for the first time. The Manchester-based developer and funder, founded by Betfred owner Fred Done, said Salboy Construction would now work for third-party developers, funders and housing associations across the UK. Salboy Construction was established in April<\/p>\n","protected":false},"author":1,"featured_media":890886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2808,147999],"tags":[],"class_list":{"0":"post-890885","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-salboy"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/890885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=890885"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/890885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/890886"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=890885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=890885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=890885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}