We have sourced senior debt since before the property crash of the early 1990s and, with so many property acquisitions financed by third party debt, it is of increasing importance. Not only do we help younger and smaller borrowers who are only rarely in the market, but also institutional borrowers who value our specialist expertise in this area. We are constantly in touch with all active lenders in the market, understanding both their style of operation and what differentiates them, so that clients can make informed choices. Whilst the pricing of loans is fundamental, delivery of timely approvals, financial covenants, security packages and flexibility are all also integral to the deal.
Raising debt finance for pre-let and pre-sold developments, often combining interim finance with longer term facilities locking in from completion, is also a major part of our business. We also source finance for residential schemes. A thorough understanding of the development process is central both to tailoring packages to suit clients’ needs and problem solving as projects proceed.