North East housebuilder set for growth with new six-figure funding - Business Durham
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North East housebuilder set for growth with new six-figure funding

North East housebuilder set for growth with new six-figure funding

A North East housebuilder is expanding across the region thanks to a new funding arrangement with MAVEN Bonds.

County Durham developer Homes by Carlton has secured a £800k bridging loan to acquire land for new homes in Stockton-on-Tees.

The firm, which is headquartered in Newton Aycliffe, recently used a £300k finance package to fast-track construction work on the Cathedral Gates residential development in Chilton.

Simon Walker, managing director of Homes By Carlton, commented: “I’m really pleased that we’ve managed to secure bridging and development finance with MAVEN Bonds.

* This news article has not been written by the team at Business Durham, and is curated content from BDaily

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North East housebuilder set for growth with new six-figure funding

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