£13.4m funding deal to enable building of dozens more homes at two sites

Housebuilder Yorkshire Country Properties (YCP) has secured £13.42m worth of funding from Paragon Development Finance for its continued growth plans across Yorkshire.

This cash will enable delivery of 86 homes across two housing projects in Denby Dale and a second phase of homes at Shepley.

The Holme Valley-headquartered firm currently has four new home projects under way and has ambitious growth plans to scale up across Yorkshire, following a partnership signed in 2021 with one of the UK’s largest privately owned property businesses, Dominvs Group.

Stewart Brown, managing director of Yorkshire Country Properties, said: “This funding deal with Paragon will allow us to deliver these new homes and continue our expansion plans across Yorkshire.

“The first phase of our Shepley project has been a big success, and we are excited and confident to move forward with the second phase. Denby Dale is a superb site, in a great location and we look forward to commencing construction works shortly.”

Mick Howard at Paragon, added: “We’re very excited to help Yorkshire Country Properties deliver their bespoke and high quality homes on both these two brilliant sites.

“We’ve been very impressed with the ambitious plans the company has and expect to work with the firm on future pipeline sites too.”

The second phase of new homes in Shepley is expected to be completed by in 2023/4 and the Denby Dale homes should be ready in 2024/5.