A South West-based property development firm has experienced high demand at its latest housing development, built with funding support from Lloyds TSB Commercial Banking.

KPK Builders and Developers Ltd was established 30 years ago by Tim Kitchen and his business partners. Specialising in restoration work on listed buildings, the company has worked on a wide range of projects including a number of private houses, churches and schools.

In order to fund the construction costs of its latest site of 28 two and three bedroomed houses, the firm approached Lloyds TSB Commercial Banking which provided a six-figure loan. The development is due to be completed by early summer.

Tim Kitchen, managing director of KPK Builders and Developers, said: “Over the past few years, the other directors and I have worked extremely hard to expand our portfolio and we have been thrilled with how rapidly it has grown.

“We have banked with Lloyds TSB Commercial Banking since we first established the business and its guidance has always been exceptional. It was a huge confidence boost to know that the relationship team was prepared to support the development.”

Chris White, relationship manager at Lloyds TSB Commercial Banking, said: “KPK Builders and Developers is a popular local firm which has developed a strong reputation over the years.”

“At Lloyds TSB Commercial we are committed to supporting local businesses and have a network of dedicated relationship managers who work closely with customers like KPK Builders and Developers to help them achieve their aims and ambitions.”

Chris White, relationship manager at Lloyds TSB Commercial Banking