Avoncroft Homes in Stratford upon Avon has clinched a £1.6 million housing scheme backed by property finance specialists G&C Finance.
The niche developer contacted the Solihull-based funding expert to help develop six character homes in the Cotswolds.
The agreement, negotiated in less than three months, has helped boost the growth activity of Avoncroft Homes in the local marketplace.
It is transforming a half an acre disused garden site, situated within half a mile of the picturesque market town of Chipping Norton. The homes include a terrace of four properties of which two are two-bedroom and two are three-bedroom. There are a further two, three-bedroom, detached homes that complete the scheme.
The eight-month build programme is due to complete in early February.
Jonathan Dyke, project director of G&C Finance, said: "Avoncroft Homes are hungry for the opportunity to achieve more in the marketplace and G&C has delivered the perfect vehicle to get them there.
"We are delighted that our 100 per cent funding facility has paid off projecting Avon-croft onto the next tier of growth, well ahead of its planned business forecast, as well as delivering a superb collection of character filled new homes for those looking to enjoy the Cotswolds lifestyle."
The Arundel View scheme is positioned just out of the town centre. The homes will be released for sale in the autumn priced between £225,000 and £330,00.
Graham Lewis, managing director of Avoncroft Homes, said: "The disused garden space was an ideal opportunity and not one Avoncroft Homes had planned on securing.
"However, the G&C approach has delivered something entirely different.
"The way that G&C Finance evaluated this funding decision was refreshing and has enabled our company to seize this opportunity from an extremely strong financial position."