The project will see a family-run business create four ultra-prime townhouses overlooking the 17th green and 18th fairway, with asking prices starting at £7.25m.

Early interest has already come from high-net-worth buyers internationally.

The site has been in family ownership since the 1960s, with titles split between company and personal ownership, which raised funding challenges.

Onozzi designed a bespoke lending solution that consolidated security across all four titles, backed by director guarantees.

The brokerage then introduced Shawbrook as the funding partner, with a 24-month loan agreed to cover an 18-month construction period.

Brian O’Neill, principal broker at Onozzi, said: “The planning journey has been extensive and highly complex, requiring years of collaboration with heritage specialists, architects, planners, engineers and legal advisors.

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“The result is a carefully considered scheme that both complements its surroundings and honours the historic and cultural significance.

“By structuring a solution where others couldn’t, we’ve helped the client secure the funding needed to bring these exceptional homes to life in the most iconic location in world of golf.”

Douglas Spowart, relationship director at Shawbrook, said: “This development gave us a unique opportunity to fund a site of real historical and cultural significance — but it came with its own complexities.

“Our team here at Shawbrook was able to address these head-on and deliver a practical solution that met the client’s exact funding needs.

“Through close collaboration with Morton Fraser, Thorntons, Graham & Sibbald, Hardies and Onozzi, we have successfully been able to help the client, Athole Reid, on their journey in creating a landmark piece of history at this unique and very special development site.”