June 2016

amit-majithia-2

27 Jun Property Finance – Choosing The Right Lawyer

With a background as a property lawyer and also as a property developer, I have had the privilege of sitting on both sides of the table. Having latterly worked with many lawyers across Europe as a client has given me a new level of respect for lawyers in terms of their...

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charlotte-st1

16 Jun Avamore Writes Record Loan in Central London

Avamore Capital, the family office backed private lender, has provided a £2.4m pre-planning bridging loan facility to a private investor for a townhouse in London’s trendy Fitzrovia. The term of the loan is 12 months, but is expected to be repaid within 3-4 months once planning permission to convert into 4...

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zuhair

15 Jun What Matters In A Short Term Property Finance Deal

We’ve been talking to our brokers and borrowers about what matters to them in a short term property finance deal, an area which our firm, Avamore, specialises in. If you’re not familiar with bridging loans, they are typically used by borrowers who need to draw cash quickly and only for a short...

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first-redemption

14 Jun Avamore Sees First Redemption

The first loan written by the Avamore Capital platform was redeemed recently. The loan, a circa £500,000 gross facility for an office to residential conversion, was written in October 2015 to an experienced developer called Joseph Homes. The funding was to enable the borrower to release capital from the property, which had...

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