SME developer Beechcroft has secured a £30m finance facility with Paragon Bank’s development finance division to support the delivery of 95 assisted living apartments for the over-55s at Wilton Park in Beaconsfield, Buckinghamshire.
The first units are expected to be available for sale in winter 2026 with full completion anticipated in 2028.
The scheme forms part of a wider 75-acre masterplan for Wilton Park, which will also deliver a 75-bed nursing home, open market housing, a new nursery, a cafe and sports pitches for the local community.
Oliver Powlesland, senior relationship director at Paragon Bank, said: “Wilton Park is a landmark later living development for the Beaconsfield community, and we’re thrilled to be supporting the Beechcroft team for the second time, after backing their previous scheme in Ascot. Later living schemes like Wilton Park provide tangible social and health benefits and a real sense of community for residents, and with an ageing population we imagine demand for homes like these will only continue to grow. Our continued relationship with the Beechcroft team gives us confidence in their vision and delivery, and we look forward to seeing this community take shape.”
Chris Thompson, managing director of Beechcroft, added: “This scheme will set a new benchmark for quality in the later living sector in Beaconsfield and we are incredibly proud to be helping provide a solution to the region’s housing shortage, with support from the Paragon team. Paragon’s flexible approach and understanding of the later living sector have been invaluable throughout the planning process.”
