Why use a finance broker? What are they actually good for? Like all intermediaries, brokers are essentially middlemen. They send a few emails and make some introductions, then sit back and wait to collect their fee when a transaction completes. Nothing to it. It would...
Development finance broker Mackenzie Byrne and senior lender Paragon Development Finance have completed a £7.5m peak debt facility for a new-build scheme in Shropshire. The client, an established housebuilder in the region, will use the facility to deliver 51 family...
Development finance brokerage Mackenzie Byrne and senior lender Fiduciam have completed a £2,568,000 loan to fund a new build development in Berkshire. At 64% LTGDV, the facility will enable Mackenzie Byrne’s client to build three luxury family homes in the beautiful...
Mackenzie Byrne and Triple Point Private Credit have completed a structured finance deal for a 16-flat development worth £6.1m. This is the first deal completed between the two companies. Triple Point is contributing a senior loan of £3,965,000 to cover the...
Development finance broker Mackenzie Byrne and lender LendInvest have completed a £455,000 loan to convert a disused barn near Benenden, Kent. The 65% LTGDV loan, at 80% LTC, will cover the cost of works in full. The rest of the net facility went towards the...
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