Specialist development lender Regentsmead has aided the construction of nine new-build 4 and 5-bedroom homes in Northamptonshire.
The development in Corby in the Northamptonshire countryside features luxury homes made using traditional methods with an accent on energy efficiency.
Ashley Ilsen, New Business Executive at Regentsmead, said: “As part of a larger development project in the area it's great to be a part of increasing the supply of housing.
“This particular developer was a new client with a superb track record and we can now see the quality of the end product.
“Discussions for a new scheme are already underway.”
New build in Corby, Northamptonshire
• Purpose of loan – the construction of nine new build 4 and 5-bed houses
• Site cost - £425,000
• Build cost - £880,000
• GDV - £2,005,000
• Loan facility - £1m to assist with site acquisition and cover the full costs of works.
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