Northumberland housing development takes off with six-figure funding boost

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Northumberland property company Lyham Developments will complete an eco-friendly housing scheme following a six-figure investment from the North East Property Fund.

Brockdam Farm in Ellingham will see the creation of natural stone built homes on the site of four derelict cottages, using sustainable materials including reclaimed materials and air source heating pumps. The project marks the firm’s first new-build development, having previously developed conversions and extension projects.

The two four-bedroom homes will hopefully be completed this summer following the six figure loan from the North East Property Fund, which is managed by FW Capital and backed by the North East Combined Authority. Lyham Developments was established in 2019 and is run by property developer and Northumberland councillor Guy Renner-Thompson.

Read more: True

 link source - Business Live News

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