News Articles2020-10-16T10:12:54+01:00

NEWS ARTICLES

The latest news and announcements from Black Book Finance

Black Book secures £850,000 ground up development facility

2nd November 2022: Saxon Trust, has completed an £850,000 senior development facility, fully funding the construction and build costs required to develop a former farmyard site in a prime location in Kent.

Approximately 0.47 hectares in area, the project will see the demolition of existing buildings and hard standing and the construction of two new build detached houses together with associated garages, parking, gardens, and landscaping. The case was introduced by David Bromley at debt advisory firm, Black Book Finance. Read the full story.

November 2nd, 2022|

Black Book Finance arranges £13.5m loan facility with TAB

12th August 2022: Black Book Finance has closed a £13.5m loan facility with bridging lender TAB for its client, The Marine & Property Group (‘TMPG’); one of the UK’s largest privately-owned marina groups.

TMPG’s existing loan facility was reaching term end and the client had a new, 24-month requirement to give the required time to execute their growth plans.

The related security within the wider group includes two Marinas with 625 berths/pontoons combined, 30,000 sqft of commercial offices, retail outlets, a boat workshop and a state-of-the-art boatshed. Read the full story.

August 12th, 2022|

Funding 365 completes £2.7m bridging loan with Black Book Finance

12th April 2022: Funding 365 has completed a £2.7m bridging loan with Black Book Finance to consolidate debt and raise funds for the purchase of a property in Southsea, Portsmouth.

Despite the challenges, Funding 365 was able to work together with Black Book Finance and Excello Law to complete the deal within the client’s timeframe. Read the full story.

April 12th, 2022|

Black Book Finance closes £10.25m facility with Puma Property Finance

1st June 2021: Black Book Finance has arranged a £10.25m senior debt facility with Puma Property Finance, to fund the development of a 123-bed purpose-built student accommodation (PBSA) scheme in Portsmouth, UK.

Michael Clapper, pictured, CEO, Black Book Finance said: “We have arranged development finance for this client on a series of successful PBSA projects, and in this case our client was particularly impressed by the flexibility and commerciality demonstrated by the superb deal team at Puma Property Finance.” Read the full story.

June 1st, 2021|

Black Book becomes Shawbrook Strategic Partner

7th January 2019: Lee Williams, business development manager for Shawbrook Commercial Mortgages, added: “Shawbrook have worked closely with Michael and the team at Black Book and found them to be a highly experienced all-finance distributor with extensive expertise in the property sector

Shawbrook Bank has announced that Black Book Finance has become its latest Strategic Partner.

It offers client-advised, or placement & packaging services, across all types of residential, commercial, bridging and development finance. Read the full story.

January 7th, 2019|

Octane Capital and Black Book Finance beat the clock for £1m bridging loan

Octane Capital and Black Book Finance beat the clock for £1m bridging loan19th April 2018: Third generation lender, Octane Capital, today announced the completion of a £1million bridging loan introduced by the all-finance distributor, Black Book Finance.

The loan, for the purchase of a block of four residential units in Chiswick, West London, was successfully completed in just eight days – from initial enquiry to the borrower receiving the funds.

Black Book Finance, which works with more than 500 brokers and introducers across the UK, contacted Octane Capital after a private lender pulled out at the last minute. Read the full story.

April 19th, 2018|

Black Book Finance arranges £7.2m with Shawbrook Bank

9th April 2018: The development finance team at Shawbrook Bank has supported another two funding facilities working alongside Black Book Finance to a tight deadline, overcoming legal complications.

The first was for a £5m facility, secured against a large office block in Borehamwood, Hertfordshire, with consent to be converted into 51 apartments.

The first stage was for the acquisition of the building, the second for the conversion works on the first 42 apartments… read the full story.

April 9th, 2018|

Black Book Further Boosts Commercial Team

11th January 2018: Black Book Finance hired Darren Peiris from ASC Finance as its commercial finance executive.

Darren Peiris (pictured) has worked within the banking and finance sectors for the past 13 years, previously at ASC Finance.

He brings with him long-standing relationships with a network of financial advisors, accountants and solicitors. Read the full story.

January 11th, 2018|

Black Book Finance wins at the Mortgage Introducer Awards

30th November 2017: We are delighted to announce that Black Book Finance was voted and judged winner of the ‘Best New Entrant (Broker)’ Award at the 2017 Mortgage Introducer Awards.

Following our nominations, it was then down to votes in order to make the final shortlist of three. The panel of judges then reviewed those shortlisted, to decide the ultimate winner in each category.

On 22nd November, at a superb event held at the Tower of London, the winners were announced and awards collected.

This award is a testament to the exceptional work and dedication of all the team at Black Book during our first year, and we would all like to thank everyone who nominated and voted for us!

November 30th, 2017|

Clever move as Morgan joins Black Book Finance

Via Bridging Loan Directory – 9th October 2017: Clever move as Morgan joins Black Book Finance

Morgan brings to Black Book over 25 years financial services sales experience, in that time having been an IFA, a Mortgage Broker and Development Manager.

Whilst working for United Friendly/Refuge Assurance, Morgan was 4 times winner of their ‘Development Manager of the Year’ and most recently at Clever Lending, he was responsible for its broker-facing business development, network relationships, and for increasing the company’s introducer base. Read the full story.

October 9th, 2017|
Go to Top