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Yorkshire Country Properties secure funding from Paragon for two housing sites

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Bespoke housebuilder Yorkshire Country Properties (YCP) has secured £13.42 million funding from Paragon Development Finance for its continued growth plans across Yorkshire.  

This funding will enable the delivery of 86 homes across two housing projects in Denby Dale and a second phase of homes at Shepley.   

Materials for the new homes will include tumbled Yorkshire stone and stone slate roofs, finished to the highest quality.

The Holme Valley headquartered firm currently has four new home projects under way and has ambitious growth plans to scale up across Yorkshire, following a partnership signed in 2021 with one of the UK’s largest privately owned property businesses, Dominvs Group. 

Stewart Brown, Managing Director of Yorkshire Country Properties, commented: “This funding deal with Paragon will allow us to deliver these new homes and continue our expansion plans across Yorkshire.  The first phase of our Shepley project has been a big success, and we are excited and confident to move forward with the second phase.  Denby Dale is a superb site, in a great location and we look forward to commencing construction works shortly.”

Mick Howard, Paragon Development Finance Relationship Director, said: “We’re very excited to help Yorkshire Country Properties deliver their bespoke and high quality homes on both these two brilliant sites.  We’ve been very impressed with the ambitious plans the company has and expect to work with the firm on future pipeline sites too.”

The second phase of new homes in Shepley is expected to be completed in 2023/4 and the Denby Dale homes should be ready in 2024/5.
 

For further information contact:

Jordan Lott
Media Relations Manager
Tel: 0121 712 2319
www.paragonbank.co.uk 

Notes to editors:

Paragon provides competitive property development finance up to the value of £35 million across England and Wales.

Paragon Bank Development Finance Limited is a member of the Paragon Banking Group which is a FTSE 250 group based in Solihull in the West Midlands. Established in 1985, Paragon Banking Group has over £13 billion of assets under management and manages over 450,000 customer accounts.

Paragon Development Finance Limited. Registered in England number 03901943. Registered office 51 Homer Road, Solihull, West Midlands, B91 3QJ.

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551