We’re thrilled to announce that Pluto Finance has successfully closed a £15.4 million loan to Backhouse Housing for the expansion of their development in Highworth, Wiltshire.
Phase 2 of this exciting project will bring 40 open market houses and 13 affordable homes to the community, building on the success and high-quality design of Phase 1.
At Pluto Finance, we’re proud to support projects that deliver meaningful impact. By providing a peak debt facility of £8.4 million, we’ve enabled tailored financial solutions to help meet growing housing demands in Wiltshire and Swindon.
We’d like to extend our thanks to Brecher on supporting us with this loan, along with the fantastic teams over at CBRE and MDA.
Our Lending Director for the South West and Wales Jonathan Scott worked with Pluto analysts Perry and Harley to get this over the line. Fantastic work team!