Newett Homes wants to build a development that will consist of 68 houses at Fenay Bridge, Huddersfield. It already has the necessary approval and has now managed to secure financing worth £7.5 million to move forward with the construction. Paragon Development Finance is the company that has put up this money, which will be used both for acquiring the chosen site and for building costs.
It will be the first time the two companies have joined forces. Newett Homes is a family run company co-owned by father and son David and Will Newett. The housing scheme that it Plans to build in Huddersfield will contain 14 affordable homes and 54 private ones, with these being a mix of four, three and two-bedroom properties.
Brochure printing shops in the town can help local housing developers by supplying glossy Brochures full of high quality colour pictures of the homes that they have available.
Speaking to Property Wire, Will Newett said:
“Paragon Development Finance has been first class. It’s a bank that understands the needs of developers and working with Simon and his team has been seamless.”
He added that they were delighted to link up on the project.
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