It is the latest project in the same area as the Co-operative Group’s NOMA scheme, which has seen over £800m invested into the regeneration of the area.
The developer turned to our sister company Assetz Property with the planning in place for North Central and was seeking an exit strategy, as well as funding for the development.
The property team pre-sold the apartments in a matter of weeks, which meant Assetz Capital was able to lend 100% of the development costs.
Amount lent
Loan term
LTGDV
We are delighted to work with Assetz on this project. Their way of funding makes so much sense. We are happy to deliver much-needed housing and contributing to the regeneration of the NOMA district.
Lambert House is a new development from Tate Estates consisting of 12 residential apartments in the desirable spa town of Harrogate, North Yorkshire. The units are two bedrooms that feature oak wood flooring, high-quality appliances and en-suite facilities.
Assetz Capital have supported Forge Care with their incredible idea to transform a derelict piece of land into a state-of-the-art specialist childcare facility.
Assetz Capital has provided a £1.1m loan to Vaynor Independent Property LTD to fund the development of five houses in Pontypool.