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Regentsmead; The fast,
flexible, principal lender
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Regentsmead was established in 1934 and we have been involved in
the property market for over 70 years. We are principal lenders financing
residential developments, refurbishments/conversions and also provide
bridging finance.
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James Bloom, the Director who heads the lending division
has been with Regentsmead since 1987 and there are a number of other
members of the team who have been with Regentsmead for over 15 years.
This gives borrowers a level of continuity very unusual in the modern
world which helps create and maintain long and profitable working relationships
with our borrowers. Many of our borrowers have worked with us on numerous
developments.
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What are the benefits of borrowing from Regentsmead?
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Regentsmead prides itself on the speed, efficiency and personal
service we give to our borrowers. Being a principal lender we do
not use any
external sources for finance and are therefore able to provide ‘in-principle’ decisions
over the telephone within a 5-10 minutes conversation about a proposed
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We understand the critical
importance of an immediate decision and therefore make the application
process as simple as possible.
Unlike other financial institutions we just ask for new borrowers
to complete a double-sided application form and to supply us with
a copy
of their accounts. Once we have met with the borrower and approved
the facility an offer letter can be drawn up immediately and funds
can be available in a working week. We have recently completed
a loan within four working days of meeting a borrower and we have
this together
with other editorial pieces located in the press coverage section
on our website; www.regentsmead.com
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The scarcity of sites today means that some of our developers
are unable to find suitable sites to develop and we have subsequently
established links with land agents nationwide to assist. Our developers
now discuss with us sites they are looking for and then are able to
try and source them at no extra cost.
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What gearing are we able to provide?
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We usually look to provide between 70-80% of total costing for new
builds and refurbishments/conversions. We can provide up to 50% towards
the site acquisition and 100% of construction costs for new build and
up to 65% towards the site acquisition and 100% cost of works for refurbishments.
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If you would like to receive a copy of our literature or to discuss
further how we can assist with one of your projects then please contact
either James Bloom or Nicholas Warren on 020 8952 1414.
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