One of our long-standing borrowers approached us for development finance to fund a detached new-build property in West Byfleet, Surrey.
Planning permission was secured for a large five-bedroom home on a subdivided plot. The new home was to be built adjacent to a 1920s Grade II-listed cottage, and was therefore designed in a sympathetic manner, blending traditional ‘Arts and Crafts’ styling with a modern, highly specified interior spread over three floors.
The new home was to sit in a prime location, with the village of West Byfleet within walking distance and the famous Brooklands motor racing circuit located just a couple of miles away.
Relationship-led lending
Having worked together since 2018, our Business Relationship Manager, Chris Sheppard, was confident that we could help see this new project through to completion. As a result, we funded the project with a 15-month Ground-Up Development Loan, providing £875,000.
Delivering results
Our knowledge, support, and rapid decision-making enabled our client to act decisively and spend more time focusing on their business, assured that we fully understood their requirements and timeframes.
The project was built to the client’s usual high standard, and we look forward to unlocking many more of their future opportunities.
“In all my dealings over the years with Chris Sheppard and the MSP Capital team I’ve always been hugely impressed with the speed and solutions they provide, enabling me not only to finance deals quickly, but also to quickly appraise new site viability.
A quick turnaround is essential, but not only is it the speed of response that’s important, but also the supportive nature of the team allowing me to progress my business, confident in the support I have behind me from my principal lender.”
Ollie Matthews, Milkdromeda