SME DEVELOPERS GAIN BOOST AS ASSETZ CAPITAL COMPLETES £1.07M DEAL

Assetz Capital has completed a £1.07 million development finance deal to fund the demolition and rebuild of a luxury detached home on the River Thames in London.

The 15-month facility, structured at 64.61% Loan to Gross Development Value (LTGDV), will enable an experienced developer to transform the site into a premium single dwelling in one of the capital’s most sought-after riverside locations.

The project reflects rising demand for bespoke lending solutions that help SME housebuilders deliver high-value residential schemes on shortened build periods.

The borrower, who has a strong track record of creating modern detached homes, is expected to deliver a property that will attract significant buyer interest thanks to its design and Thames-side position.

Jake Hiskett, Relationship Director at Assetz Capital, said: “This transaction highlights Assetz Capital’s continued commitment to supporting high-quality residential development through tailored lending solutions, enabling experienced borrowers to deliver outstanding properties across the UK. The house design and location backing onto the river Thames will certainly attract buyers. I look forward to seeing the build progress.”

Assetz Capital, which has supported SME developers since 2013, has delivered more than £1.7 billion of funding to UK housebuilders, helping to accelerate the delivery of thousands of new homes. Its product range spans development finance, refurbishment, bridging and commercial mortgages, with lending of up to 72% LTGDV.

By providing certainty of funding and a relationship-led service, the lender continues to strengthen ties with SME developers and brokers nationwide.