Anvil Homes secures £4.2m Paragon funding package

Anvil Homes has secured a hefty £4.2 million funding package from Paragon Development Finance to support its nine-home new build development in Hayton, Cumbria.

Anvil Homes is a family business, established back in 1994, that specialises in high-end properties across Northern England. The company has placed its focus on rural living and using traditional materials to produce individual homes.

Alistair Carr, director at Anvil Homes, said: “This is a beautiful development in a lovely part of the country. The residents will benefit not just from the village and rural location, but also the close proximity to Carlisle and good transport links.”

“Paragon was extremely easy to deal with. They understood our requirements and the process was smooth and simple. We’re looking forward to completing this development and welcoming the first owners into their new homes.”

Mick Howard added: “Anvil is a company that prides itself on quality, delivering high-end, intelligently designed homes that are loved by their owners. The development has been designed to be sympathetic to the local area and it will achieve exactly that, complementing the existing properties in Hayton.”

More about Paragon

Paragon provides competitive property development finance up to the value of £35 million across England and Wales.

Paragon Bank Development Finance Limited is a member of the Paragon Banking Group which is a FTSE 250 group based in Solihull in the West Midlands. Established in 1985, Paragon Banking Group has over £13 billion of loan assets under management and manages over 450,000 customer accounts.

Carefully crafted development

The Fairfields at Hayton is a collection of nine individually designed homes, each consisting of four bedrooms, Mowlem & Co hand-built kitchens and luxury Villeroy & Boch bathrooms.  

This is the first development Anvil has completed with Paragon and the deal was led on behalf of the bank by Relationship Director Mick Howard, with additional support from Portfolio Manager Shannon Altimas.

Situated eight miles from Carlisle, Hayton is a picturesque village and benefits tremendously from a highly rated primary school, a popular pub, as well as a nearby farm shop with tea rooms and a swimming pool.

Cumbria is also home to part of the historic Hadrian’s Wall – the most important monument built by the Romans in Britain.

Additionally, Banks Turret can also be found in nearby Brampton and Birdoswald Roman Fort which is just a short distance away.