Regentsmead; The fast, flexible,
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.
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
What are the benefits
of borrowing from Regentsmead?
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 project.
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
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.
What gearing are we able
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.
|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.