The facility — agreed on a 24-month term — has enabled the company to acquire the necessary land for its £12.5m GDV Crosby Farm scheme, which will comprise 24 two-, three- and four-bedroom houses looking out onto the Slinfold Cricket Club pitch.

Antler Homes will also deliver a new pavilion for the local cricket club.

The deal was led on behalf of the bank by relationship director Toby Burgess.

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Andrew Rinaldi, managing director at Antler homes, said: “We’re delighted to work on our third project with Paragon Bank, delivering high-quality, innovative and sustainable homes in the charming village of Slinfold.

“We have developed a strong working relationship with Toby and the team members at Paragon, as they understand our business and are straightforward to deal with.”

Toby added: “This is the third project Paragon have funded for Antler Homes since 2020 and the largest to date.

“Antler Homes is a fantastic developer with a well-earned reputation for delivering outstanding homes in the South.

“Andrew and all the team members at Antler Homes are a pleasure to work with and we hope to continue to support them as the business goes from strength to strength.”