The completed scheme on the former Combe Down quarry site is expected to reach a gross development value of approximately £6.75m across six detached homes.
The £2.5m facility covers 100% of development costs and included a day-one advance towards costs already incurred on planning, reports and site development.
Shawbrook has provided a 23-month, £7.5m development finance facility for a ten-unit residential scheme in Shenfield, Essex, with the developer securing additional planning...