At 65% LTGDV, the loan will enable Mackenzie Byrne’s client, Mac Group, to build 23 family homes in the village of Fyfield.

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The scheme has a GDV of £16.6m and will be brought to market off-plan in early 2024. 

Steve Mountain, senior relationship director at PDF, said: “We were thrilled to be involved in a new project with long-standing and valued broker and client partners such as Mackenzie Byrne and Mac Group to deliver such an exciting development for the Fyfield area.”

Sean O’Leary, founder of Mackenzie Byrne, said: ‘It was a pleasure to complete one of our largest transactions in recent years, for a highly valued client.

“It was also great to work with Steve Mountain and Bonnie McCloskey at PDF on our sixth deal with Mac Group.”

Mark McElduff, director at Mac Group, said: ‘It’s always a pleasure working with Sean.

“This deal came with many challenges and his determination helped get it over the line. 

“We’re over the moon to be able to bring 23 new homes to the area.”