Coast and Capital

30/10/2015

FINANCE FOR PROPERTY DEVELOPERS
Senior, Mezzanine, JV's and 100% construction finance

As a property financier I know one of the most difficult aspects of development projects can be securing finance, particularly with the continued reluctance of banks to lend on anything but the most squeaky-clean of deals. And having this experience ensures we are people lenders, not a ‘Computer Says No’ type of lender, which is why the finance we offer is designed to fit your specific circumstances, such as amount needed, length of time available, how it will be repaid and the purpose you require it for. We lend on all business related projects, including:

• New Build
• Single & Multi Property Development
• Residential property renovations and refurbishments
• Commercial & Industrial Development Projects
• Conversions/Renovations/Refurbishments

And to ensure total flexibility, our bridging and development finance can be disbursed according to the specific requirements of your project, including:

• Stage completion;
• Pre-arranged schedule;
• Contract conditions met;
• As and when required.

We provide finance for some of the largest, most complex, unusual and less mainstream deals around, and we do this at some of the most competitive rates available in the market. What we offer:

• Finance from 250k – with no max loan amount
• Quick finance - (you’ll need a fast conveyancing solicitor)
• JV’S
• 100% construction costs
• 3-18 months
• Big appetite for large deals over £10m
• Highly competitive rates
• Fast Decisions in Principle
• Adverse & poor credit considered
• 1st, 2nd charge finance
• Simple, fuss free process
• High LTV’s - up to 100% in prime locations

So if you’re looking to fund your next project and want someone who understands what you’re going through, give us a call. Don’t let a lack of funding get in the way of your next project. Call now on 0845 618 1910

22/09/2015

Two ex-rugby players have put their homes on Airbnb.com, an online community for people to list and rent accommodation.

Ex-Wales international Gareth Thomas has made his Welsh home available for rent and England World Cup winner Lewis Moody has listed his Bradford on Avon property.

Gareth’s three-bed home is located in St Brides Major, near Bridgend, and sleeps up to six people.

Guests can book the house for £150 a night, and any money made will be donated to the charity, Childline.

On the website, Gareth said: “It has a very natural feel to it with wooden beams and stone features throughout.”

“I’ll be there to welcome you on arrival and to give you a tour of the house and I’m still able to throw a ball around so I’m up for a 'kick about' at Bridgend RFC (my first professional club) if you are?

“I should also warn you that my mum might also be there as she likes to give people a tour of her ‘Gareth shrine’. Don’t ask.”

Gareth did however warn that England rugby shirts will not be allowed.

Lewis’ four-bed property sleeps up to eight people and is located close to Bath Rugby’s stadium.

In his advert, Lewis said: “We have a beautiful and spacious family home situated in the historic market town of Bradford on Avon with a garden complete with rugby posts and plenty of rugby balls for kicking practice.”

“I’d even be game to give my guests a few rugby pointers.”
Airbnb was founded in August 2008 and offers accommodation in over 35,000 cities.

28/07/2015

5 factors for Success in 2015

Recent industry reports show that bridging and development finance lending is back to its pre-credit crunch peak, which bodes well for another successful year for Coast and Capital Finance. We believe the top 5 factors contributing to a booming 2015 for alternative finance markets are:

1. Economic factors – There are positive signs that the UK economy will perform well in 2015. We’re seeing low unemployment and strong economic growth to boost confidence. The Bank of England is likely to keep interest rates low for a while longer which will help the economic growth continue. It’s also a real bonus that oil prices, and so the cost of petrol at the pumps, is at its lowest for many years, again helping fuel confidence for business and personal finances.

2. Pension benefits – April saw a watershed in pensions with potentially the full pot being available in one go (although for those who take this route there will be tax to pay). But the option could prove to be attractive for those wanting to start or build a buy to let portfolio. This could be seen as their opportunity. With low savings rates, many will calculate that the higher yields achievable on rental property are worth investing in, so more money injected in to the property market. With a housing shortage and not enough new properties being built, converting property to buy to lets and HMOs will continue to thrive.

3. The role of the specialist lender – The High Street banks continue to be maligned by property investors and developers due to their reluctance to meet the demands for this market, and this is unlikely to change in 2015. However, the diverse and flexible options provided by alternative finance markets, such as Coast and Capital, continues to grow and we are now seen as a real alternative source to mainstream funding.

4. General election and tax – Rarely has ‘tax’ been so exciting in the property sector, particularly the taxes for Stamp Duty and Mansion tax. The Stamp Duty changes will greatly benefit the general property market and help both buyers and movers. The higher end Stamp Duty almost amounts to the same thing as the Mansion Tax, particularly in London and affluent areas of the South Coast.

5. The rise of good service. In the bridging and development finance community, the importance of good service has never been higher. Both brokers and their clients expect knowledgeable staff to act promptly and make fast decisions. Specialist projects require specialist finance with underwriting of specialist cases done on a individual basis, as one size doesn’t always fit all. Expert funders such as Coast and Capital understand the requirements of these projects by looking at each individual case as a whole, rather than applying the ‘computer says no’ approach of high street banks.

19/02/2015

New research, carried out by United Trust Bank, has shown that the majority of operators in the development finance sector have a bright outlook for the coming year with nearly two thirds (62%) predicting that their volumes of development finance business will increase.

The research also found that Short Term Finance Lenders were still finding the High Street banks averse to development finance deals with half of them having their most recent proposals turned down by High Street lenders.

12/11/2013

How Coast and Capital can help UK businesses beat the funding drought to grow, expand and develop.

Despite the tentative optimism surrounding the growth of the UK economy recently, the majority of SMEs are still reporting difficulties in accessing mainstream finance. Only last week the Bank of England announced a drastic fall in the amount lent to these businesses, which was down £0.9 billion in a month.

In light of this, it is not surprising that one in five SME’s are now turning to short-term finance to plug the gap left by high street lenders. Bridging Finance businesses like Coast and Capital are able to provide SME’s with fast and flexible access to funding based on the individual merits of the business rather than the ‘computer says no’ approach adopted by most mainstream lenders

And bridging Loans are increasingly providing a lifeline to SME’s who may not have been able to continue without it. The Bridging industry reports a record number of short-term loans being provided, with borrowers receiving an estimated £2.1billion of short-term finance in 2013.

So despite the claims of a recovering economy, little appears to have changed on the high-street for small businesses, who simply cannot wait another four or five years for mainstream lenders to remove the hoops and barriers to lending. When businesses require funding fast, often in a matter of days, short-term finance is streets ahead of the mainstream.

If you're a small UK business having trouble accessing funding, share your experience about what you've done to overcome this.

Give us a call on 0845 618 1910 to see if Coast and Capital can help.

12/11/2013

How UK businesses can beat the funding drought to grow, expand and develop.

Despite the tentative optimism surrounding the growth of the UK economy recently, the majority of SMEs are still reporting difficulties in accessing mainstream finance. Only last week the Bank of England announced a drastic fall in the amount lent to these businesses, which was down £0.9 billion in a month.

In light of this, it is not surprising that one in five SME’s are now turning to short-term finance to plug the gap left by high street lenders. Bridging Finance businesses like Coast and Capital are able to provide SME’s with fast and flexible access to funding based on the individual merits of the business rather than the ‘computer says no’ approach adopted by most mainstream lenders

And bridging Loans are increasingly providing a lifeline to SME’s who may not have been able to continue without it. The Bridging industry reports a record number of short-term loans being provided, with borrowers receiving an estimated £2.1billion of short-term finance in 2013.

So despite the claims of a recovering economy, little appears to have changed on the high-street for small businesses, who simply cannot wait another four or five years for mainstream lenders to remove the hoops and barriers to lending. When businesses require funding fast, often in a matter of days, short-term finance is streets ahead of the mainstream.

If you're a small UK business having trouble accessing funding, share your experience about what you've done to overcome this, and feel free to privately message me to see if Coast and Capital (www.coastandcapital.co.uk) can help.

Coast and Capital Short-term Finance can be used for almost any business related purpose, including development finance, buy-to-let and commercial bridging loans, as well as having a large appetite for some of the most complex, unusual and less mainstream short-term loans around. And we don’t discri...

11/09/2013

Why Use Coast and Capital

At Coast & Capital we know that applying for a short-term business related loan from a bank these days is far from easy. People require bridging finance for a vast range of purposes, which is why we ensure your bridging loan is tailored to your particular circumstances, and not a ‘Computer Says No’ approach.

And we don't just consider Bridging Loans on strict Loan To Value (LTV) Criteria, if you have assets to secure the loan against we will find you the lowest rates and highest LTV’s available in the market. Coast & Capital consider 1st, 2nd and even 3rd charge bridging loans, and pride ourselves in being able to place the most complex and difficult bridging loans, even for those with a poor credit history.

What Coast and Capital can offer you?

Bridging Loans from 25k – with no upper limit
Short-Term Secured Loans for almost any business related purpose
1st, 2nd and 3rd charge Bridging Finance
High LTV’s
Most competitive rates available in the market
Fast Decisions in Principle
Funding as quick as 48hrs
Fast completions
Unusual and complex Bridging Loans
Adverse and poor credit considered
Simple, fuss free process
All legal business purposes considered
Lend in England, Scotland and Wales


Our Criteria:

Min loans 25k
No Max loan
1 to 18 months
Secured against UK based residential property
Robust exit strategy (often sale of property)
No max LTV for deals with additional security

Our team

All our staff are highly qualified and have relationships with almost every Principal Lender in the Bridging Loan market. Coast & Capital prides itself on using its knowledge and expertise to provide exactly what you need, ensuring every case is dealt with by a dedicated case manager.

Our philosophy is simple; Fast, flexible, easy to access funding, for a wide variety of purposes in a fuss free and transparent manner. We always aim to say yes.



If you need a Bridging Loan, give Coast and Capital a call on 0845 618 1910 or email: [email protected]

23/08/2013

Bridging Loans, Buy To Let, Commercial Loans, Development Finance, Auction Finance Cheap rates, Fast completions.

23/08/2013

Bridging Loans, Commercial Loans, Buy-To-Let Loans, Development Loans, Auction Finance. Super fast decisions and Speedy completions. Often under 5 days.

22/08/2013

Bridging loans, Commercial finance, buy-to-let, Development Loans, Auction Finance. Most competitive rates available, quick decisions and speedy completions. Often within 5 days.