https://www.thelandsite.co.uk/files/articles/025846e9757811ed94d80a8177bdaaef/2390-63974bd1ae1ae519730005.jpeg 100

New build in Bromsash

Published by Magnet Capital -

title

Magnet Capital were delighted to assist a client with the developer of 2 x 4 bed semi-detached houses. The site was pre-owned and this project formed the final phase of the whole development. The loan for £300,000 for 15 months was used to funds 100% of the client’s build costs. Magnet Capital were able to assist with a legal complication involving an easement which helped unlock the project for the client. The client noted, “It’s been an absolute pleasure working with Magnet Capital. They are efficient, professional, and easy to deal with. Will definitely be using them again.”


Ashley Ilsen

Your development finance partner. We are a principal lender of property development finance across England and Wales.

Link to Magnet Capital business profile

25th June 2025
Easing BNG Rules: What proposed Government changes mean for SME developers
 The Labour government is currently reviewing the Biodiversity Net Gain (BNG) requirements posing challenges for smaller housebuilders across England
Read more
13th June 2025
West One’s Holiday-Let Mortgages: Flexibility Meets Opportunity
The UK holiday-let market has seen strong growth, with mortgage deals rising by 23% from 362 in August 2023 to 445 in August 2024
Read more
15th May 2025
Understanding UK Revolving Credit: Flexible Finance for Brokers and Their Clients
Read our blog on revolving credit and how it works in practice
Read more