This is the 2nd in our series of light hearted Q&As with the team at Stretton Capital so you can get to know them a little better. Next up is Executive Assistant Amanda "A-Rod" Chalmers (no relation to Judith). Amanda supports our Group CEO with his various businesses and is the high performance oil that keeps all of the Stretton cogs turning smoothly and efficiently. Over to you A-Rod! What do you enjoy most about your job? Variety – no two days are the sameFavourite musician? Far too many to choose from but The Eagles would be right up thereAre...

This is the first in a series of light hearted Q&As with the team at Stretton Capital so you can get to know them a little better. We are starting off with our Accounts Assistant Zac "I benched 220 yesterday" Davies. Zac works in our accounts team and is responsible for the smooth running of the Finance Department, ensuring all of our brokers and other suppliers are paid on time every time, as well as managing our loan redemptions. Take it away Zac! What do you enjoy most about your job? I enjoy working with the team and having a...

Stretton Capital continues to grow Due to another successful 12 months of lending, we are looking to expand our offering and are looking to work with quality introducers. Why you should work with us We like to keep things simple. We understand that bridging and development can at times be difficult but complex lending scenarios don't faze us. A number of our existing developers find our approach refreshing because we take the time to understand their project, find out what their plans are, for the medium-long term as well as currently. Wherever possible we will meet our borrowers, preferably on...

We like property developers. There, we've said it. Everything from small sub £500k schemes up to £12m development projects all over the UK but, as a private lender, we particularly like funding property developments in the North West. Our HNW founders have a tremendous track record in delivering quality housing and industrial projects themselves, so naturally their expertise lends itself well to the type of funding we offer here at Stretton Capital. Recent developments have seen us fund projects in the Midlands, the Cotswolds and Bristol and many of these borrowers have come back to us for a 2nd or...

Every lender has their own process, quirks and idiosyncrasies when it comes to how they process loan applications. Because of that, it is difficult to know what a particular lending is looking for when you submit your deal to them. So in an effort to show you how simple it is to submit a bridging loan or development finance application to Stretton Capital, we have broken down the steps and requirements for you. Once we receive your new loan enquiry, we will assess it. At this assessment stage we will ensure the numbers work for us; That is ensuring that...

We are delighted to announce that we have completed a £3.17m bridging loan in just 6 working days. The security, a vacant office block with Permitted Development Rights to convert into 159 apartments, was being purchased from the receiver, hence the extremely tight deadline. If it did not complete in time, the borrower was in danger of losing £550k. We were approached by John Waddicker of Positive Commercial who asked them to consider the deal for a long standing client of his. The case was managed from start to finish by Natalie Smethurst, Stretton Capital's Director of Risk & Recovery...

We have now reverted to our pre-COVID product criteria but with a range of enhancements. For further details, please contact the office on 01244 732630 or email mharrison@strettoncapital.co.uk.

For those of us who work in property finance, we often tell other people (when asked what we like about our job) how we love the fact that every day is different. Think about that. Every day is different… One day you may have a nice simple bridging loan for a property that a client is buying at auction. Another day it might be a complex, mixed use development project with retail units, private apartments and affordable housing. It might be a piece of land with outline planning only but with a rock solid lease agreement from a council already...

Bridging loans. Development Finance. Land with planning. Mark Harrison. Every lender has a different way of assessing a deal and here at Stretton Capital we are no different. Development finance in particular is looked at differently than a straightforward bridging deal and the requirements are also different. Here we will explain what we require and just as importantly, what we don't need as part of the initial assessment. Submitting your initial enquiry This is where there is a lot of confusion. We understand that brokers and borrowers want to send us as much information as possible but this isn't necessary...

I used to be a broker. When I worked in corporate finance, I helped SMEs raise funds by pitching the business to my network of private equity houses, EIS funds and crowdfunding platforms. If it taught me one thing, it’s that a lot of business owners are concerned about facing the furnace directly and would rather a broker take the heat by answering all the questions and sorting everything out. The client didn’t want to get their hands dirty and just wanted something to sign at the end of the process, and that’s fair enough. They were paying me a...