Paragon Bank has provided a £6.97m loan to Antler Homes for a new private housing development in Dunsfold, Surrey.
The finance will support the construction of 12 homes on a vacant brownfield site, including four two-bedroom bungalows and a mix of three, four and five-bedroom houses.
The development aims to cut energy use by using ‘fabric first’ measures in the buildings.
Each home will have air source heat pumps and electric vehicle charging points as standard.
Interiors will include fitted kitchens, wardrobes and branded appliances.
The deal was led for Paragon by relationship director Toby Burgess, and senior portfolio manager Joshua Mann.
Burgess said: “With demand for well-built, sustainable homes continuing to outstrip supply across the South East, developments like this latest from Antler Homes, which contribute positively to the local community, are so important.
“At Paragon, we’re committed to supporting experienced housebuilders that understand their markets and consistently deliver the kind of housing the local region needs.
“Antler Homes is a great example of this – we’re thrilled to partner with the company on this latest development.”
Andrew Rinaldi, managing director at Antler Homes PLC, said: “This development represents everything Antler Homes stands for – thoughtful, bespoke design, highest quality construction and enhanced energy efficiency, all in an attractive and exclusive setting.
“We are pleased to again be working with Paragon Bank who have been a trusted partner in bringing this vision to life.
“We are proud to be delivering homes in such a beautiful rural location that not only complement their surroundings but meet the needs of modern families.”
