These homes will range from one-bedroom apartments to four-bedroom homes over a mix of terraces, semi-detached and detached properties.

All homes on the site will be designed to achieve EPC ratings of B and above.

The site will also accommodate two commercial buildings for local businesses.

The deal was structured and delivered by Paragon’s development finance team, led by relationship director Toby Burgess and senior portfolio manager Joshua Mann.

“This development ticks all the right boxes – a strong local need, a thoughtful housing mix and an emphasis on quality and energy performance,” said Toby.

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“We’re pleased to work closely with the team on this second deal, following supporting them on their New Romney development, which is now at practical completion and selling well.”

Akehurst Homes currently has one active development in New Romney, Kent, where homes are progressing through final build stages and into sales.

James Lench, director at Akehurst Homes, added: “This is a landmark project for us – not just in terms of size, but in the opportunity it presents to create a well-balanced and energy-conscious community.

“Lewes is a brilliant location with significant appeal for buyers, and we’re excited to bring forward homes that will truly cater effectively to a wide variety of people and lifestyles.”