The funding will be used to support construction of 125 homes and is the second scheme out of a portfolio of seven for the lender, supporting developers across Yorkshire, Nottinghamshire and Derbyshire.

Being built by an unnamed local developer, these houses - predominantly catering for private sale - are designed to meet various sustainability demands.

As standard, these homes have EV charging points, PV solar panels and other energy efficient designs.

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Mark Quigley, from Beaufort Capital Management UK, the investment advisor to Beaufort Capital, commented: “Following in quick succession from initially financing the first scheme near Doncaster, it is extremely pleasing to be able to support this strong management team by funding a second project near Nottingham.

“As part of an overall funding line we are providing which contemplates up to seven new housing developments, we’re already looking at two further schemes.”