The Royal Institute of British Architects (RIBA) define the RIBA Plan of Work as “the definitive model for the design and construction process of buildings.” On the basis they created it, I think they might be a little bias. However, I have to agree that it is an impressive toolkit for managing projects and increasing the chance of successful developments. A testament to its success, I believe, is how it has become common lingo in project teams. Ever hear a project team member say, “What stage is the design at?” or “We will include that detail when we produce the stage 4 drawings”. If any of t ..read more

Development funding is an essential aspect of property development, as it provides the necessary capital to carry out development projects. Without adequate funding, property development cannot take place. The right development funding ensures that the development process runs smoothly, and the project is completed on time and within budget.  There is a tendency for people to view money as a commodity.  Consequently, we hear quite often that clients are looking for the “best rate”, essentially viewing the cost of the money as the only differentiator.  In my view this is qui ..read more

Sancus has announced the extension of its existing funding facility arranged by Pollen Street, the independent, alternative investment management company.   The facility has been in place for four years and the renegotiated extension will see it increase from £75m to £125m for a further four years helping to support the forecast growth of the Group’s loan book.  In addition to this, Sancus has seen their largest shareholder, Somerston subscribe an additional £2.1m of new equity into the business with a further £2.425m to follow shortly by way of increasing their holding in the ..read more

AIM listed property lender, Sancus Lending Group, has appointed Richard Whitehouse as Managing Director of its UK business.   The specialist property development and bridging provider’s recently published interim results show £86m of new loan facilities written in the first half of this year, a growth of 60%.   Richard, who holds an MBA from Birmingham University Business School, joined Sancus in 2016.    Prior to joining Sancus, Richard has held senior management roles in both Bank and non-bank lenders as well as experience of working in the Republic of Ire ..read more

Sancus has appointed Alasdair Carlyle as Group Property Director.  The appointment follows significant expansion over the last year with some key, high-profile hires in the UK, including Mel Fourie (Head of Sales, North) and Jaxon Stevens (Head of Sales, South) and their teams.  Alasdair is a chartered surveyor with over 30 years’ experience within property development, construction and consultancy across the UK and internationally.   He has experience in all sectors of the built environment, with specialism in the commercial and contractual aspects of development manageme ..read more

AIM listed Sancus Lending Group has issued a trading update ahead of the publication of its interim results at the end of September.     The specialist property lender saw a change in senior management last year, with the Group since focussing on expanding in UK and Ireland. The UK business development team has increased in headcount fourfold since then with a new team based in the North, headed by Mel Fourie and expansion of the team in the South headed by Jaxon Stevens.   In the first six months of 2022 Sancus has seen new loan facilities written of £87m compar ..read more

Sancus, the specialist property bridging and development lender has joined the Knowledge Bank platform as a short-term property finance provider. Knowledge Bank is a multi-award winning mortgage criteria search system that holds the data of over 250 lenders, allowing brokers to quickly and easily access, compare and evaluate lender products on a loan by loan basis. Sancus offers a range of short-term property lending solutions across mainland UK, including “Bridge by Sancus” for bridging and refurbishment projects and “Development by Sancus” for development and refinancing, with rates startin ..read more

Sancus, the specialist property bridging and development lender has appointed Steven Darbyshire to their business development team in the UK. The appointment follows last year’s recruitment activity which saw the doubling in size of its business development teams across the Group as part of an aggressive growth strategy. Steven has over 15 years’ experience within the financial services sector with a reputation for developing strong client relationships and delivering results in a sales target orientated environment. He spent most of his career at Natwest in a number of relationship roles, in ..read more

Merry Christmas and a Happy New Year As we approach the final few weeks of 2021, I would like to thank you for your support over the last year and also update you on recent developments and our expansion plans for 2022. New Sancus Appointments To aid our substantial growth plans in the UK we have invested in some dynamic, well-known appointments in the origination of loans in the property bridging and development finance sector. Under our sales director, Richard Whitehouse, we now have Jaxon Stevens (Head of Sales, South) heading up a sales team based in London and Mel Fourie (Head of Sales ..read more

Experienced Sancus new recruits, Mel Fourie (Head of Sales, North) and Jaxon Stevens (Head of Sales, South) talk about their perspectives on the property market.     The post Mel Fourie and Jaxon Stevens discuss the market appeared first on Sancus ..read more