Standard features in every honey home are set to include bi-fold doors, individually designed integrated kitchens, boutique-style bathrooms, and EV charging points — the homes are also designed to produce 75-80% fewer carbon emissions.

The new housing schemes located in Huddersfield, West Yorkshire and Maltby, South Yorkshire, is planned to provide a combined total of 252 new homes for the region.

The Maltby site, consisting of 185 detached and semi-detached homes, will also include 46 affordable units, while the Huddersfield site will consist of 67 detached and semi-detached homes, including 13 affordable units and is situated in Fenay Bridge.

The business is also backed by private equity provider, Alchemy Partners, who specialise in investing in debt and equity special situations across Europe.

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Mark Mitchell, founder and CEO at honey, commented: “Having now worked closely with OakNorth on six separate occasions, they’ve really cemented themselves as a funder of choice that continues to provide all the solutions to the pain points we normally face when working with the larger lenders.

“They were highly attentive and entrepreneurial throughout each transaction, closing the deals within weeks rather than months.”

Damien Hughes, senior director of property finance at OakNorth, added: “We continue to believe in the vital role that SME housebuilders play in benefitting local communities and economies, and are thrilled that we were able to provide honey with six individual bespoke debt facilities.

“We look forward to strengthening our relationship with Mark and his team moving forward and also look forward to supporting honey on more residential projects in the future."