Property & Construction

Lodge Park gets £9.6m for Buckinghamshire development

Published by
Tom Kilkelly

Lodge Park Homes, a housing development company, has secured £9.6 million in funding from Paragon Bank’s Development Finance division for its St Edmund’s Place development in Buckinghamshire.

The scheme comprises 12 new build five-bed detached homes and is located in Maids Moreton, between Buckingham town centre and Bletchley train station.

This deal was led on behalf of Paragon by Relationship Director Adrian Reeves, with support from Portfolio Manager Jess Pilkington.

Adrian said: “Lodge Park is renowned for delivering high-quality homes in ideal locations – and its St Edmund’s Place development is no exception.

''As the seventeenth financing agreement between Paragon and Lodge Park, St Edmund’s Place demonstrates our commitment to not only building long-lasting partnerships with specialist developers, but also to playing a vital role in ensuring desirable, bespoke properties are available to homebuyers.”

Visit Hampshire Biz News for bright, upbeat and positive business news from the county

St Edmund’s Place is Paragon’s seventeenth financing agreement between Paragon and Lodge Park.

Formed in 1998 by an experienced team of housebuilding professionals, and recently completing its 1000th home, Lodge Park focuses on building quality new homes in the Midlands and beyond.

James Browning, Lodge Park Technical Director, said: Located in a Buckinghamshire countryside setting, St Edmund’s Place will prove popular with homebuyers looking for a high-quality property with ready access to the amenities of both Buckingham and Bletchley – providing both the ability to commute and enjoy the areas historic landscape.

“Paragon continues to be the perfect partner for bringing greatly sought-after properties to the market. Adrian and the Paragon team have a detailed understanding of the sector, share our passion for high-quality properties, and have delivered a further bespoke funding package that supports our goals.”

Read more - Children's nursery set to join Graven Hill community

Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.

Recent Posts

Publisher Future plc sees in-line trading in first-half

Bath-based Future plc, the publisher of specialist online and print magazines, said trading in its…

1 day ago

IS-Instruments Ltd and Bristol university among six UKAEA contract winners

The university of Bristol was one of six organisations to receive a contract from the…

1 day ago

Oxford BioDynamics teams up with King's College in bid to boost rheumatoid arthritis prevention

Oxford BioDynamics Plc is teaming up with researchers at King's College London in a bid…

1 day ago

UK needs quarter of a million extra construction workers by 2028

More than a quarter of a million extra construction workers are needed in the UK…

1 day ago

Vistry makes good start to year, bolstered by partnership model

Kent-based housebuilder Vistry revealed it was on track to deliver more than 10% growth in…

1 day ago

Dorset start-up with green ambitions boosted by SWIG Finance loan

A Dorset-based company, which has developed ground-breaking technology to recycle plastic waste and turn it…

1 day ago