Assetz Capital has provided a £1.5m loan to Aspire Homes to fund the development of eight houses in Derbyshire.
The housing development, which is based in Glossop, will consist of a five-bed detached house, five four-bed detached houses and a two three-bed semi-detached houses. The development is situated on the edge of High Peak, close to local amenities and the railway station, and is due for completion in March this year.
Aspire Homes has been working in the property development sector for 30 years and is a family business working in and around the Greater Manchester and High Peak areas.
The £1.5m loan was used to fund the development of the houses, with the deal initially being introduced by broker PD-Financial.