A construction company has borrowed £5m to build upmarket homes in Doncaster.
Duchy Homes, of Leeds, aims to use the RBS loan to complete projects including nine detached five-bed homes on Park Drive in Sprotborough, the conversion of a grade II listed building and six new detached homes at Handley Cross, Cantley, Doncaster, and eight detached luxury homes at Treeneuk Gardens in Ashgate, Chesterfield.
The firm also has plans in for 14 executive homes in Braithwell near Doncaster.
Duchy Homes is part of the GMI family of companies. Jim Cropper, managing director of Duchy Homes said: “We have set out our stall to be a premier housing developer and with the support of GMI and RBS we have the right financial backing to act competitively and secure the best land for our developments.
“RBS have supported us from the beginning and this latest agreement with them demonstrates their continued confidence in our business strategy and continued success.”
An RBS spokesman said: “Duchy Homes has come a long way since it announced plans for its first site.”