New housing scheme in Huddersfield will cater for first time buyers

Newett Homes has secured a £7.5m funding package from Paragon Development Finance to support a housing development in Huddersfield.

The finance will support the purchase of land in the Fenay Bridge area and the development of 54 private and 14 affordable two, three and four-bedroom homes.

This is Paragon’s first deal with Newett Homes. Newett Homes is jointly owned by David Newett and his youngest son Will Newett.

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In addition to this new scheme in Huddersfield, the business also has developments in the pipeline in Sheffield, Ripon, Harrogate and Rotherham.

Will Newett, Newett Homes director, said: “This will be a high-quality residential scheme that caters for the needs of a wide range of groups including first time buyers, growing families and downsizers. The development will be sympathetic to the local area, within an attractive landscaped setting.”​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​