The project, located in Pickford Green near Coventry, will deliver 115 two-, three- and four-bedroom family houses with substantial green space.

Each home will have a private garden, as well as access to communal landscaped space.

Steffan Goold, director at Beaufort Capital, said: “I am delighted to be working with Piper Homes; I am very supportive of its product and pleased to have commenced what I hope to be a long-term partnership between Piper and Beaufort.

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“The Piper team has extensive experience and I’m looking forward to working together to deliver their largest project to date.”

Rupert Parkin, managing director at Piper Homes, added: “We are delighted to have completed our first finance facility with Beaufort.

“Its ability to make decisions quickly has been hugely impressive and the experience of the Beaufort team is clear to see. 

“We are very much looking forward to building a long-term strategic partnership with Beaufort as we look to grow Piper Homes in the years ahead.”