Final stages of Bayston Hill homes development

Primesave Properties, which was set up by father-and-daughter team Stephen Jennings and Keri Negron-Jennings, specialises in small, quality building projects in the county.

After the business secured the site of a derelict pub in Bayston Hill 12 months ago, Stephen and Keri approached Lloyds TSB Commercial Banking for the funding to develop the site and build eight properties on Fox Close, including two-bedroom semi-detached and two-bedroom terrace houses, and was supported with a £360,000 loan.

The project is now due for completion at the end of March.

Primesave Properties will also begin work on a one-unit development in Frankwell, Shrewsbury in six weeks' time, which is being supported with a further £100,000 loan from Lloyds.

Ms Negron-Jennings said: "Our focus is to make the most of the current housing market and build properties which directly reflect the needs of people in the local area.

"We want our developments to be accessible to a range of people and we have received interest from both first-time buyers and investors.

"We are always looking for new pieces of land to develop and we are looking forward to completing this project and beginning work on our next development with support from Lloyds TSB Commercial Banking.

"The team at the bank have an in-depth knowledge of the property sector and their support and guidance has been extremely helpful as we have been growing our portfolio."

Paul Atkinson, relationship manager at Lloyds TSB Commercial Banking, said: "The interest in the properties, some of which were sold off-plan before work began at the site, shows that there is a demand for new houses in the area. We're also pleased to continue our support of the business with its next development in Frankwell.

"With a team of dedicated property relationship managers we are in a great position to support businesses like Primesave Properties as they embark on new projects, and during 2012 we committed £13.2 billion of gross lending to UK SMEs."