The Intermediary – February 2025 - Flipbook - Page 47
Don’t let your
development
lender frustrate
your client’s
project
At Magnet Capital we are a
genuine solutions provider and
experts in development 昀椀nance.
experts in development 昀椀nance.
Why choose Magnet Capital?
Why choose Magnet Capital?
• No hidden costs. We are completely transparent about our pricing.
• Quick, decisive approach. No ‘double underwriting’ or slow credit committee process. Brokers and
clients
have direct
access No
to genuine
makers.
Quick, decisive
approach.
‘double decision
underwriting’
or slow credit committee process. Brokers and
funding.
Our
fundstoare
provided
by ourmakers.
equity partner in the business and therefore we
clients have
direct
access
genuine
decision
• Flexible
aren’t
limited
by numerous
or have
theequity
risk ofpartner
fundinginlines
being pulled.
Flexible
funding.
Our funds investors
are provided
by our
the business
and therefore we
fees. Allbyour
fees are investors
based onor
net
loanthe
amounts
and not lines
gross.being pulled.
aren’t limited
numerous
have
risk of funding
• Lower
Wefees
don’t
retained
so the client
doesn’t
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based
on netinterest
loan amounts
and not
gross.pay interest on a large interest
• Better
slice
day one.
is rolled
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theclient
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retained
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so if
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pay interest on a large interest
• Loans from £200k to £2m.
surveying
feesto- £2m.
no QS monitoring for loans with build costs below £500k.
Loans
from £200k
• Low
a Development
Finance
2022 £500k.
at
Low surveying Best
fees Service
- no QS from
monitoring
for loans with
buildProvider
costs below
• ‘Commended’
Business
Moneyfacts
Awards.
‘Commended’
Best Service
from a Development Finance Provider 2022 at
introducer fee
can be added to the loan.
Business Moneyfacts
Awards.
• Additional
Additional introducer fee can be added to the loan.
020 8075 3255
hello@magnetcapital.co.uk
www.magnetcapital.co.uk
The development
昀椀nance experts
昀椀nance experts
