Related topic: assetz capital

The specialist property development lender aims to support 1,000 homes in the region by 2028.

The new hires follow the recent appointments of BDMs for the North West and London in June.

The pair will join Lloyd Whiting within Assetz’s existing new business team.

The lender has enhanced its development finance offering to lower the upfront cash burden on developers.

Both Fiaz and Matt will work closely with developers, brokers, planners, and wider community stakeholders.

The lender says developers are shifting to conversions amid planning delays.

The funds will be used to accelerate UK SME housebuilding.

The new development rate complements a wider suite of solutions including bridging, refurbishment, and commercial mortgages.

The provider has also updated its development finance product to allow full planning gain as a valid equity contribution.

The lender has already provided funding for delivery of 824 residential units in the regions.