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.

Completed deals

The highlight of recent activities includes a development finance deal worth £6.8 million at a Loan-to-Value (LTV) ratio of 65%. This financing will facilitate the ground-up development of three six-bedroom luxury manor houses in Surrey.

Jon Pike, Relationship Director who led the project, stated, “It was a pleasure to structure this development deal for such a highly professional team and in a stunning location. Whilst title and site access issues proved a legal challenge, outstanding teamwork and the can-do attitude of the team at Assetz and the developer found the way through.”

Events

Assetz Capital exhibited once again at the NACFB Conference in Birmingham. The event provided an opportunity to connect with numerous professionals and discuss industry trends. Attendees had access to specially branded doughnuts and could view a highlight video from the day.

Additionally, quarterly live webinar sessions hosted by Assetz Capital are regularly attended by over 100 property professionals. The Q2 event in July featured insights delivered by Jonathan, Development Monitoring Director. Topics included construction costs outlook and Biodiversity Net Gain.

Our people

Mark Roberts rejoined Assetz Capital as one of its Relationship Directors, focusing on developing their development finance business both regionally in the North West and nationally.

In the press

Managing Director Andrew Charnley featured in trade press where he shared his perspectives on opportunities for the property sector following speeches by both the Chancellor and King to Parliament.

For those seeking property finance or interested in joining Assetz Capital's community, further information is available through direct contact or completing an online form.

Assetz Capital continues to keep stakeholders informed through news articles, blogs, and press releases about ongoing activities and viewpoints.