Team Update - Stuart Donald Joins Conduit Finance

Conduit Finance are pleased to announce Stuart Donald has joined our team to lead our Corporate Finance offering.

Stu joined Conduit in 2015 to help expand our capabilities in the complex corporate and SME space. 

With a track record of arranging and executing financings for MBOs, BIMBOs, Secondary buyouts and other event driven financings Stu has a broad experience of working with management teams to help deliver returns. 

Stu has previously worked for Citigroup, Deutsche Bank and Santander with diverse sector experience across:

  • Healthcare, including facilities to support the acquisition of a portfolio of care homes by the UK’s largest care home operator and the refinance of a high street non-invasive cosmetic surgery group. 
  • Technology, including the LBO of a SaaS Talent Management/ Talent Acquisition business and the restructure of psychometric testing business.
  • Business services, including the BIMBO of the first transaction in the legal services sector and the restructure of a crash test dummy business. 
  • Hospitality and leisure, including roll out facility for Europe’s largest fast casual Mexican burrito group, the refinancing of the UK’s fastest growing burger restaurant group and the refinancing of the UK's largest theatre group and subsequent expansion into Broadway.

More recently in 2014 and 2015 he has started his own ventures in online travel and restaurants, which gives him a unique perspective into the challenges faced by owner managed businesses. 

He has a BA (Hons) from Strathclyde University, an MSc from Edinburgh University and an MBA from Columbia Business School and London Business School. 

For further details please contact Stuart directly on Stu@ConduitFinance.com or call 0131 564 0172.

Price Update - 2nd September 2015 - Expat Buy to Let, Commercial Investment and Development Finance

Please find below the latest product prices from Conduit Finance.  Of particular note is the Expat Buy to Let Mortgage, we recently completed a deal using this lender and assisted a client who was struggling to find a lender in the UK.

Expat Buy to Let Mortgages

Available to overseas clients with no current credit in the UK for the purchase of Buy to Let and second homes.  We recently completed a deal using this lender. The borrower was a solicitor based overseas who was struggling to secure lending despite having substantial net worth.   

  • Arrangement Fee 1%
  • Variable Rate of 4.50%
  • Interest only repayments
  • Loan term 20 years and an Loan to Value of 75% 

Contact Ed Page page for loans below £1m and Andy Lawson for loans above £1m.  

Call 0131 564 0172 or email Edward@ConduitFinance.com or Andy.Lawson@ConduitFinance.com 

 

3.0% Interest Rate for Residential Development Finance 

Prime pricing available for well located sites at a moderate loan to cost 

  • Heads of terms in 3 days 
  • Lenders fee from 0.5% to 1.0% 
  • Interest rate from 3.0% to 3.5% 
  • Loan to cost up to 65% 
  • Exit fee 0% 
  • No personal guarantees 
  • Completion in 6 to 12 weeks 
  • All we need to determine if this pricing can be achieved is a cashflow appraisal. 

Please contact Jamie Davidson for loans of £5m or more, Andy Lawson for loans between £1m and £5m and Edward Page for loans below £1m.   Contact Jamie@ConduitFinance.com, Andy.Lawson@ConduitFinance.com or Edward@ConduitFinance.com or call 0131 564 0172.                   

 

Commercial Investment Facility

New to market lender offering gearing up to 70% and pricing from 2.60% over cost of funds

  • UK Wide
  • Office, Retail, Industrial and Leisure
  • £2m - £15m
  • Loan to Value up to 70%
  • 5-20-year term
  • Long-term amortisation profile
  • 1% Arrangement Fee
  • No personal guarantees

Call Andy Lawson on 0131 564 0172 or email Andy.Lawson@ConduitFinance.com 

 

Price Update - 24th August 2015 - RPD and Buy to Let

100% Residential Development Finance without Personal Guarantees 

Private debt lender with considerable experience in the sector is looking to deploy capital in to projects with a 25% min net profit on cost. 

All purchase costs and build costs lent
Experienced developers only
Lender charges a flat interest rate and a % of profit equating to a total of 20%-30% of profit
Developer retains 70% + of the profit with any upside on projected GDV retained by developer
Scotland preferred but other locations considered
Loans from £1m to £10m
Loan term from 12 to 24 months 

Please contact Jamie Davidson on 0131 564 1970 or Jamie@ConduitFinance.com for further information.


Buy To Let Finance, 80% LTV with £995 fee

Lender providing highest available loan to value for buy to let purchase and refinance

5 year fixed rates available, security with interest rates forecast to rise
Available to experienced & first time landlords
No minimum income criteria
Rental income calculation based on interest rate of 4.99%

Please contact Stuart Cardozo on 0131 564 0172 or email Stuart@ConduitFinance.com for more information.

 

Price Update - Friday 14th August 2015

Residential Property Investment

We recently used this lender to refinance a portfolio of good quality flats at moderate gearing.

Margin of 2% over base rate
Arrangement Fee 1% 
Minimum loan £150k
Maximum loan £30m
Interest Only for 5-10 years
Loan to value from 55% to 65%
Loan term up to 20 years
No personal guarantees

Contact Ed for more information on 0131 564 0172 or Edward@ConduitFinance.com