Regentsmead property development finance launch 9% product

Regentsmead, the property development finance provider, has launched an Exclusive Product, headlining at 0.75% per month, or just 9 per cent p.a.

Regentsmead has also increased its LTVs and re-branded its Standard Product as the Classic Product, giving its borrowers the best opportunity to increase liquidity for projects and enhance their choices in the market to do so.

James Bloom, Chief Executive of Regentsmead, said: “We are very excited as the leading provider of development finance in the market to further enhance our status by offering market leading terms. We are self-funded and have a substantial surplus of available capital which we want to lend into the market.”

James added: “We are still offering our Classic Product but this is an alternative at market leading rates. We can now offer our award winning service at an interest rate of only 9 per cent p.a. and we will also now offer increased loan to values. We are very bullish about the market and this exciting innovative product reflects our views and the substantial capital reserves we wish to lend into the market.

Nick Warren, Head of the Lending Division, commented: “Constant reviews of a product range are critical to ensure that your offering remains competitive within the market. We have now revamped not only our product range but also our LTV and costing – we feel that with these changes we can maintain our leading position in the development finance arena. These revisions mean exciting times for introducers, developers and the expanding Regentsmead team – a win win for all!”

If you would like more information on Regentsmead’s Exclusive Product, or how to present an opportunity to Regentsmead to increase your chances of a successful case, please get in touch with Vision Finance on 0207 206 2500 or email the development team on developments@visionfinance.co.uk