by Aurem Finance | Apr 5, 2021 | Aureum Finance, Client News, Finance, Industry News, Social Media
Aureum Finance are pleased to complete on this development facility to create three new build apartments in Croydon. We supported our client throughout the process:
Pre planning bridge to secure the land while planning was finalised
Development funds to repay the existing lender and give 100% of the development costs
We were very pleased to bring the facility to completion and look forward to seeing the completed property.
by Aurem Finance | Apr 1, 2021 | Aureum Finance, Client News, Finance, Industry News, Social Media
Aureum Finance is pleased to have completed a joint venture facility for one of our repeat clients. The fund will provide capital for a residential development project of 9 executive homes in a sought after area of Suffolk.
The joint venture facility enabled our client to achieve;
95% loan to cost
No bank finance costs
75% profit share after a coupon
This fund is actively seeking similar opportunities and is working in partnership with Aureum Finance to source suitable projects.
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by Aurem Finance | Mar 15, 2021 | Aureum Finance, Client News, Finance, Industry News, Social Media
Aureum Finance is pleased to have completed another development loan with one of our repeat clients to finance a residential development of 12 new houses and 6 apartments in the heart of Northamptonshire.
Contact the team on 01908 414235 or info@aureumfinance.co.uk to see how we can help you!
by Aurem Finance | Feb 28, 2021 | Aureum Finance, Client News, Finance, Industry News, Social Media
Aureum Finance recently secured 100% funding for an exclusive development of 9 executive family homes, providing a joint venture structure that will assist our clients with the growth of their business.
We have access to a number of lenders with funds available and seeking experienced developers to partner with.
by Aurem Finance | Jan 21, 2021 | Aureum Finance, Client News, Finance, Industry News, Social Media
Great to see our Aureum Finance sign on another residential development.
We are pleased to assist on two new developments in the north west of England and our client will be finishing the properties to a high standard to ensure they are popular when brought to market.
Aureum Finance arrange funding for developments ranging from single plots through to large scale developments.
by Aurem Finance | Jan 17, 2021 | Aureum Finance, Client News, Finance, Industry News, Social Media
Aureum Finance has just completed a complex funding structure for 20 apartments in Berkshire for which we sourced an equity partner, development finance and VAT loan to assist with the purchase and joint venture.
There were some additional challenges due to the current climate however, we worked closely with our client and the lenders to overcome these issues and we appreciate the hard work of all parties that helped bring the deal to completion.
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