Sirius Property Finance reports record month

Published on

Sirius Property Finance as reported its biggest month to date in June, completing on loans worth more than £65m.

The record month capped a successful first half to 2018 for the bespoke brokerage and and debt advisory service, which specialises in HNW and corporate real estate finance transactions. It was launched by Brightstar Financial in October 2016.

Amongst the loans written by Sirius in June was a development exit deal for £22m, an acquisition bridge for £11.9m that was structured at 90% loan to cost and a £700,000 commercial loan on a property with no tenant that was structured to enable the client to service the debt from personal means until it was let.

Robert Collins (pictured), director at Sirius Property Finance, said: “There continues to be a huge amount of demand from property investors who want bespoke solutions for complex lending requirements and our team at Sirius has worked tirelessly to source the best funding options for a range of transactions.

“Consequently, we have finished the first half of 2018 with a record month, and we enter the second half of the year with a commitment to further build our business whilst maintaining our consistently high standards of service.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

ModaMortgages cuts rates with limited edition buy-to-let range

ModaMortgages has launched a limited edition buy-to-let range with rates reduced by up to...

First-time buyers face confidence gap as unexpected costs and delays mount

Nine in 10 first-time buyers believe they understand the home-buying process before starting, but...

Family BS hires Paul Ormonde for Central London broker role

Family Building Society has appointed Paul Ormonde as a business development manager covering Central...

LendInvest raises £300m through latest Mortimer securitisation

LendInvest has completed its eighth Mortimer residential mortgage-backed securitisation, securing £300 million of funding...

TMG adds Gable Mortgages to lender panel

TMG Mortgage Network has added Gable Mortgages to its lender panel, giving member firms...

Latest publication

Other news

ModaMortgages cuts rates with limited edition buy-to-let range

ModaMortgages has launched a limited edition buy-to-let range with rates reduced by up to...

First-time buyers face confidence gap as unexpected costs and delays mount

Nine in 10 first-time buyers believe they understand the home-buying process before starting, but...

Family BS hires Paul Ormonde for Central London broker role

Family Building Society has appointed Paul Ormonde as a business development manager covering Central...