Antler Homes development in Surrey

Surrey development secures £3.3m funding from Paragon Bank

Paragon Bank has provided a £3.3m funding package to help fund the development of 13 new-build homes in West End, Surrey.

The funding has enabled property developer, Antler Homes, to build out the site, and has assisted with the site acquisition and supported cash flow to invest in future site purchases.

The boutique West End development of three-bedroom, semi-detached and detached new homes is situated within a short drive of Woking centre, with its direct links to London, and walking distance of the village of West End.

Construction of the site commenced in July 2020 and is expected to be completed in spring 2021.

“We were very pleased with the service received from the team at Paragon,” said Andrew Rinaldi, managing director at Antler Homes. 

“Paragon were focused on securing the best terms for us in an uncertain market and the speed of their decision making supported the process well.”

Andrew Fairley, relationship director at Paragon, commented that it was great to support this scheme.

“During the recent difficult times, it’s been our priority to continue supporting the needs of both our current and new-to-bank clients, and we hope to continue our relationship with Antler for future projects.”

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