Far West Developments has secured a £4 million development exit finance deal to support the completion and sale of their luxury housing project in Cornwall.
Lloyd Whiting, a Case Manager at Assetz Capital, has been with the company since January 2019. His career in business lending began when he joined the Lender Team, handling funds coming into the business for subsequent lending. Less than a year later, he transitioned to the Relationship Support Team (RST), now known as The Operations Team, as a Relationship Support Assistant. After receiving substantial support from his team, Whiting was promoted to Relationship Support Manager and eventually became a Case Manager.
Welcome to the latest edition of the Round-Up Blog from Assetz Capital for summer 2024. Despite unfavorable weather, it has been a productive and successful period for the company.
In her inaugural speech as Chancellor, Rachel Reeves underscored Labour's commitment to maintaining strict fiscal rules and refraining from increasing National Insurance, basic, higher, or additional rates of Income Tax, or VAT. She also announced the creation of a new National Wealth Fund aimed at stimulating private sector investment in emerging industries.
Welcome to the April 2024 Round-Up from Assetz Capital. Here you can find information about Assetz Capital’s latest case studies, news articles, and blogs.
Andrew Charnley, Managing Director of Assetz Capital, recently reflected on the insights gained from attending MIPIM 2024. The annual event served as a barometer for the global real estate market, sparking discussions on various key themes among industry leaders, investors, and policymakers.One critical topic discussed was the impact of interest rates on real estate investments. Charnley noted the need for agile investment strategies, particularly in high-demand areas like PBSA, data centres, logistics, and the care sector, to navigate the effects of fluctuating interest...
Assetz Capital has released its March 2024 Round-Up, highlighting various updates and initiatives. The company shared insights from Fran Brayford, a Case Manager, who emphasized the importance of teamwork and customer focus in funding cases. "I’m fortunate to work with a fantastic team who are always there for each other," Brayford stated.
Fran Brayford, a Case Manager at Assetz Capital, has been with the company since September 2019. She joined after taking redundancy from Lloyds Bank Group. Her career in finance and banking began in 1987 when she was employed by North West Securities in Chester, which was part of the Bank of Scotland. Over the years, she held various roles as the company transitioned to Capital Bank plc, Bank of Scotland, HBOS, and finally Lloyds Banking Group. Her roles included Interventions Manager, Relationship Manager in Litigation Funding, and Assistant Relationship Director within the...
The theme for International Women's Day 2024, "#InspireInclusion," is being embraced by Assetz Capital as they celebrate women's achievements and advocate for a diverse, equitable, and inclusive world. Employees of the company have shared their thoughts on the significance of this day and their experiences working in a predominantly male industry.
Assetz Capital has announced an expansion of its partnership with Aros Kapital in the UK's lending market. This development is expected to result in Assetz Capital deploying over £200 million of Aros Kapital's funding across various sectors throughout 2024.
Manchester-based lender Assetz Capital has introduced a new Planning Assistance Loan aimed at aiding the conversion of commercial buildings into residential spaces. This loan targets experienced property developers seeking to acquire commercial properties and secure residential, PBSA, or PRS planning permission for redevelopment.
After completing A-Levels, a young professional opted for a different path from university by pursuing an apprenticeship. Initially considering degree apprenticeships only, they discovered opportunities in Level 3 or 4 apprenticeships across various fields.
Assetz Capital and Aros Kapital have announced an expansion of their partnership in the UK lending market. The collaboration is expected to see Assetz Capital deploy over £200 million of Aros Kapital’s funding across various sectors in 2024, contributing to their overall lending volumes.
An article from Nottinghamshire Live has highlighted the ongoing development of student accommodation in Nottingham, driven by the increasing number of students at the University of Nottingham and Nottingham Trent University. The city is witnessing a rise in tall and extensive student housing complexes to accommodate this growth.
New statistics reveal that Scotland's housing crisis is worsening, with a decline in the number of new homes being started and completed across all tenures. Geoff O’Brien, Relationship Director, commented on the situation, noting Edinburgh's return to prominence: “Edinburgh returns to number one, as the city ranks in the top five in ten indicators, including attractions and house price growth. Edinburgh is the UK’s second most visited city (behind London).”
Housing has become a focal point in the UK as political parties prepare for the upcoming general election. Andrew Charnley, Managing Director of Assetz Capital, emphasizes the need for a coherent government strategy to address housing issues that have persisted over many years.
Plans have been submitted for three additional student accommodation towers, adding to the developments in Birmingham and Manchester. The proposed projects include a 1,200-room scheme in Birmingham and a 580-bed scheme in Manchester.