"We will always work with our broker partners and ensure that we, as a lender, understand the strength of the scheme in order to get the deal done for the borrower."
Regional loan highlights include a £1m residential bridge across two properties in Cardiff and Newport, a £775K pre-wind & watertight Finish & Exit in Leicestershire and most recently, two light refurbishments in Manchester.
Additionally, Avamore is soon to announce a new regional BDM hire and principal Philip Gould is now based in Sheffield, away from Avamore’s London office, to ensure senior support over transactions in northern regions.
Avamore Capital covers Southern & Central England. It has a northern boundary of Greater Manchester, Leeds, Harrogate and York. Loan sizes range between £400,000 - £5m but expectational circumstances can be considered.
Philip commented: “Avamore’s growth into new regions comes at a particularly interesting time. 2021 has been a positive year so far and it has allowed us to build new relationships and explore new opportunities. What these transactions have highlighted is the level of work we do internally as a team to understand the true story behind a deal.
"Whilst we will increasingly need to rely on service providers to help us understand new areas and regional pockets, we will always work with our broker partners and ensure that we, as a lender, understand the strength of the scheme in order to get the deal done for the borrower. We are looking forward to completing many more transactions in new regions over the coming months.”
