Wednesday, November 6, 2024

New UK actual property lender launches

A brand new actual property lender backed by the Sydney & London Properties Group has launched at present.

Quick & Versatile Lending Worldwide will provide bridging and growth loans of as much as £10m, and mezzanine loans as much as £5m in dimension.

The skilled staff has been concerned in over £1bn of actual property transactions.

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Sydney & London Properties is a property investor and asset supervisor that has been actively investing in UK industrial property for greater than 35 years.

The group mentioned that it “strategically exited” lots of its actual property property earlier than the pandemic, remaining liquid with substantial funds and is now targeted on lending each within the UK and abroad.

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David Gross, director at Quick & Versatile Lending Worldwide, mentioned that the brand new agency has a “compelling providing” for debtors, offering “quick, knowledgeable choices, delivering options tailor-made to every associate’s wants”.

He added that the corporate is open to co-investment alternatives.

“We work with household workplaces and co-investors who worth reliability and a partnership constructed on mutual success,” he mentioned.

Learn extra: UK BTL market shrinks for first time


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