Structured over a 24-month term, the loan will help borrower Stancliffe Homes deliver 26 private homes and 11 affordable dwellings.

The site includes a range of accommodation, with detached houses and bungalows of three, four and five bedrooms, each with a garden and private parking.

“Having now funded four schemes with Stancliffe Homes, we were delighted to work with the team again on this latest development,” said Rav Kudhail, lending director at Atelier.

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“The transaction included a significant day one advance to facilitate the land purchase ahead of the construction of 37 new homes, reflecting our commitment to supporting experienced developers with flexible, tailored funding solutions.”

Sam Jones, director at Stancliffe Homes, added: "Having now signed our fourth funding agreement together, Atelier has become our trusted, 'go-to' funding partner.

“Their professional, responsive, and pragmatic approach makes collaborating a seamless process, and we look forward to continuing our work together."