Property development finance and the current market
1. Development finance and the
current Market
4th June 2015
James Bloom – Chief Executive
One Stop Shop for Developers
#OneStopShop
2. • Originated in 1934 - very experienced property
and finance group
• Been lending for over 50 years
• Principal lender of development finance offering:
02089521414
www.regentsmead.com
3. • We are a true principal lender – we do not borrow any
funds
• Access to decision makers, decisions in minutes
• Funds within days
• Always here to help – we are far more than just a lender
• True understanding of property
• Our 80 year heritage
02089521414
www.regentsmead.com
4. • Our core values are building long-term relationship and
providing excellent personal service
• Adding value to clients
• Personally dealt with clients for over 20 years
• Large proportion of our clients go on to borrow from us
again – Great testament to our service
• Recently developed relationships with the FMB and NFB
• “The builder’s lender of choice”
02089521414
www.regentsmead.com
5. • £100,000 - £2m (slightly larger schemes can be
considered)
• Mainly residential development loans. New builds,
refurbishments and conversions
• As far north as the Midlands
• As far southwest as Devon (including South Wales)
• Up to 50% of GDV
• Experienced clients or JV option
• 100% of build costs plus up to 50% of the purchase
price
02089521414
www.regentsmead.com
6. • Very simple process, which we’ve streamlined over
the years
• Only the basic information on the project is need for
us to be able to make an immediate decision
• 2 page application form
• Meeting with team – offer ready
• Small firms with senior members of solicitors and
surveyors used – same surveyor throughout your
project
• Funds released on same day as inspection, if not
with 24 hours
• Work with you throughout the project
02089521414
www.regentsmead.com
7. 02089521414
www.regentsmead.com
Regentsmead completes £700,000 deal in only 8 days!
Three detached houses in Solihull, West Midlands
“Regentsmead has proved a pioneering choice for our project
which comprised of the erection of three, five-bedroom,
newly built detached houses.
Regentsmead is in a very powerful financial position which has
been a colossal help in obtaining funding quickly.
The level of service received was highly professional and efficient
which facilitated in the process being completed within one week.”
PS – Developer
8. • 300 Acres of KK Downing’s Shropshire estate
• Golf course now appears on the EuroPro Tour
• Aiming to become a luxury country destination along
with hotel, restaurant and spa facilities
• Global golf ambassador is Darren Clarke
• Phase 1 – Construction of 11 luxury holiday homes
GDV - £5,500,000 (other phases £35,000,000)
www.regentsmead.com
02089521414
11. • New build of 2 x 5 bed detached houses in
Longbridge, West Midlands.
• Loan of £700,000 to cover build costs and a
contribution towards site purchase.
Before After
www.regentsmead.com
02089521414
12.
13. • Conversion of 15 barns in Powys, Montgomeryshire, Wales
• Development in 2 phases (phase 1: 8 x barns)
• Grade II listed barns converted to modern residential units
• Loan: £1,500,000
• Market value: £3,050,000
14. • New build of 1 x 2 bed detached house in
Henley on Thames, only accessible by boat
• Loan of £180,000 to assist with purchase
and build, final sale achieved at £575,000
• Interview with client on RMTV
17. • We pay referral fees to any developers you introduce to us
who go on to sign with us
• 67% of our current borrowers have referred someone they
know to us and received remuneration for this
• Earn substantial fees by referring friends to us
02089521414
www.regentsmead.com
18.
19. • Working with us could not be easier - paperwork and
jargon kept to a minimum
• Immediate decisions
• Here to build relationships
• We lend entirely our own money, funds available
within days
• Multi-award winning service – always striving to
improve
02089521414
www.regentsmead.com
Speed –loan completed within 8 days, turned down by 3 other lenders. Have since done further business.
Flexiblity – Alex Neale story, extra tranche agreed on same day
Personal – All new clients invited into office, meet the team, discuss case at greater length
What is experience?
Nothing wrong with North England, we lend in areas we understand, personal service, get to quickly
Stuck in the mud, physically helped a client out of sticky situation