Key Facts:
- 100% Development Finance
- Bridging Finance
- Speculative Funding
- Preliminary Loans
- 48 hour in principle response on all propositions
An associate member of:
G&C invests initial £100m in Leeds and announce opening of new office
19/03/07
One of the UK's fast growing 100 per cent development finance specialists officially launched in Leeds this week, committing an initial £100m of funding to residential and mixed used development projects across the north of England.
G&C Finance welcomed more than 175 developers, bankers and other property related professionals to the Queens Hotel in Leeds where new growth plans for Yorkshire, Lancashire, Tyne and Wear, Cumbria and Scotland were officially launched.
Short presentations were led by managing director Adrian Willet who revealed that they are already on target to fund between 20 and 25 property deals within the region area over the next twelve months.
Located at Park Place in the centre of Leeds, this is the second regional office to open outside G&C's Solihull headquarters since its arrival in the property marketplace just over two years ago. An office dedicated to meeting the needs of south-west and Wales was launched in Cardiff in September 2006.
Adrian Willet, managing director of G&C Finance said: "G&C Finance offers a distinctive dynamic funding facility to the property marketplace and this has played an instrumental role in accelerating our success.
"Activity levels across the north of England and Scotland have already been high over the last two years and in order to provide immediate hands on expertise to our customers, we took a commercial decision late last year to open up a new base in Leeds well ahead of our planned schedule.
G&C has enjoyed a large number of enquiries since it launched its Leeds operation and has already agreed finance deals worth more than £15 million. One of the biggest deals will see Paul Thompson Developments construct 21 new homes in Sowerby Bridge with a GDV of more than £4 million.
Providing impartial property advice, G & C was set up almost two years ago to enable developers to access 100 per cent development finance to fully fund small to medium sized residential and mixed-use speculative schemes, as well as bridging finance and other bespoke forms of property lending.
With its headquarters in Solihull, Birmingham, G&C Finance has provided almost £400 million of development funding in the past two years.
As well as offering 100 per cent development finance, the company also offers a full consultancy service and prides itself in making in principle funding decisions within 48 hours.
G & C Finance, 100% development finance, 100% residential finance and development funding specialists.