There is finance out there, says Wolsey

Dec. 1, 2011
To quote Housebuilder's finance feature in its October issue, "finance is out there for the right scheme and mainly for the experienced developer". It is a message that Wolsey Securities says it "wholeheartedly" endorses as it continues to seek new opportunities in partnership with Topland Investment Group to place up to £150million in the UK residential development market. <br> <br> Having re-entered the market in 2011, Wolsey says that it is delivering, offering the market the finance it needs to get building, with loan sizes typically in the £1million to £10million range. The opportunity remains where demand is at its strongest, focusing on south England and London's commuting belt. <br> <br> Wolsey says that the business written is progressing well, but concedes that it would like to write more of it. But the range of opportunities Wolsey has seen reassures the lender that the demand is there. Wolsey says that it is confident 2012 will build on the encouraging start of 2011. <br> <br> Managing director Stephen O' Brien (pictured) says: "We would encourage all housebuilders with good schemes to look at the funding opportunities in the market. Wolsey, for one, is ready and able to support your needs if …

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