Regentsmead celebrates 20 years with client

Regentsmead celebrates 20 years with client




Specialist development lender Regentsmead is celebrating dealing with one particular client for a staggering two decades….

Specialist development lender Regentsmead is celebrating dealing with one particular client for a staggering two decades.

London-based lender Regentsmead who has dealt with one of its client for 20 years, has now started lending to his daughter.



James Bloom, Chief Executive of Regentsmead, said: “It’s always nice when business becomes a real family affair and after initially dealing with Chris 20 years ago we are now lending to his daughters who continue his excellent work to the highest standard.

“Their product has always been, and continues to be, of the highest standard, and whilst Chris and I don’t look as good as we did 20 years ago we are always delighted with the result of every deal we do together. Here’s to the next 20 years.”


 
Case fact file:

GDV: £2.35 million
Loan: £900,000 - £500,000 towards build and £400,000 towards purchase
Location: Weybridge, Surrey

The latest deal involved the purchase to demolish an existing bungalow in Weybridge in order to build a six-bed house.

The clients (both Chris and his daughter, Tracey) were also in need of a £100,000 increase which was agreed on the spot, where the money was in their account by the next day.



Chris’s daughter Tracey commented: "We have worked with Regentsmead over the last 20 years; we have a great relationship with James and the rest of his team. Everyone within the team including Arwel (QS) is always extremely helpful, and get things moving and in place quickly - for example we have had offer letters within a matter of days".

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