The site at Horsbrugh North, Cardrona had previously stalled under former ownership.

The housebuilder stepped in to save the development earlier this year and aims to bring new homes to the Borders potentially by October.

Luminary Homes said it completed the purchase of the site of 20 homes in March and it also honoured prior reservations.

A spokesperson for Musselburgh-based Luminary told The Herald that “since taking ownership, we have been working tirelessly on extensive remedial works across the site to turn things around”, adding: “Crucially, we made it a priority to honour all previous buyers who had reserved homes with Hood Property, offering them their original plots without any additional reservation fees.”

The firm said: “Following the site falling into administration, Luminary Homes has been working since March to revitalise the area ahead of a fresh launch.

“Recognising concerns within the local community regarding the inactive site, the developer’s first priority was a comprehensive ‘tidy and safe’ programme.

“This has included a full structural audit of existing works, removal of outdated materials and extensive remedial works to ensure the development meets modern safety and quality standards.”

Cameron Taylor, managing director of Luminary Homes, said: “This is more than just a business project for us. It is personal. With family in Innerleithen, and our contracts manager Brian Grahame hailing from Walkerburn, we have a genuine connection to the area. We are determined to transform the site into a development the Borders can be proud of.”