Paragon Bank Development Finance has provided a £9 million facility to Mackenzie Homes for the delivery of Joe’s Folly, a new residential development in Taplow, Buckinghamshire.
The funding will support the acquisition and construction of 16 high-specification, energy-efficient homes, with completion targeted for February 2027.
Set beside Amerden Lake, Joe’s Folly offers scenic views and excellent connectivity to Maidenhead and London via the Elizabeth Line. The homes are designed for modern, sustainable living, featuring electric vehicle charging, high-performance insulation and energy-efficient heating. The scheme is expected to achieve an EPC A rating, qualifying for Paragon’s Green Homes Initiative, offering a 50% reduction in loan exit fees.
This marks the fourth collaboration between Paragon and Mackenzie Homes. Steve Mountain, Senior Relationship Director at Paragon, said: “We’re really proud to continue this partnership with Mackenzie Homes, which reflects a shared commitment to delivering sustainable, community-focused developments in sought-after locations.”
For more information, visit www.paragonbank.co.uk/devfin.
