Century Capital Completes Three Loans in Three Days

The team at Century Capital have worked hard to complete three loans in three days, on properties valued at a total of £16.5 million.

Land with Planning on a Promising Peckham Site:

Firstly, Century Capital facilitated a Land with Planning loan on a promising site in Peckham, a rapidly developing residential hub.

Loan Amount: £3,854,500
Property Value: £5,930,000
LTV: 65%
First Charge

The increasing popularity of this London neighbourhood provides endless opportunity for the local area. The site, which has been granted planning permission for 29 residential units, will offer residents a desirable central courtyard and private outside space, with a modern warehouse façade.

Embankment Apartments:

Secondly, Century Capital completed a first charge loan on two flats in Embankment that occupy an entire floor. These stunning, modern flats feature en-suite bathrooms, balconies, walk in wardrobes, cinema rooms and coveted views of the Thames.

Loan Amount: £5,915,000

Property Value: £10,000,000

LTV: 59%

In this situation, the previous lender was unable to extend their existing loan due to policy constraints, therefore the borrower came to Century Capital to facilitate their refinancing.

16th Century Marlborough Home:

Finally, we provided a first charge loan for a three storey, four bed, mid-terraced home in excellent condition in Marlborough. This Grade II listed cottage is in close proximity to local shops and restaurants, with a gorgeous rear garden and a close-by green. Despite being built in the mid-1500s, the home has benefited from a comprehensive internal refurbishment.

Loan Amount: £290,000

Property Value: £540,000

LTV: 53%

Our CEO, Paul Munford, comments:

‘Completing three loans in three days emphasises our strong foothold in the industry, and demonstrates our outstanding ability and agility in the field. Although we do specialise in Prime Central London, the diverse portfolio of properties showcased just this week shows the breadth of our offerings and knowledge, in both the capital and beyond.’

At Century Capital, we value out clients – they come back. In the last quarter, 68% of business was carried out with repeat borrowers, and we do our best to remain flexible, agile and innovative. To begin your loan application process, contact a member of our Sales team:

Gary Clark | gary@centurycapital.co.uk

John Wheeler | john@centurycapital.co.uk

Rebecca Chapman | rebecca@centurycapital.co.uk