News & Views

Fincorp at MBE - Stand C18

This year at MBE there's one bridging company you will not be able to miss ; Fincorp. Always a company that gets noticed for its stand, this year they've excelled themselves. Under the theme of 'Old Boys on the Block', the stand design features FOUR METRE high images of Fincorp's senior management team.
As Nigel Alexander explains, "The image and theme are there to raise a smile from our visitors, as bridging finance can be quite a dry subject. But we are making a serious point. As bridging finance has become more accepted as a mainstream form of lending, so the number of bridging loan companies has increased exponentially. Worryingly for the industry, many of these 'new kids on the block' have not got the experience to know how to lend on the right deals which can undermine the reputation of the industry. At Fincorp, the senior managers have on average 20 years of lending experience with residential property ; and there are few in the industry who can say that; so our clients know they're in safe hands."

Fincorp focuses its bridging sights closer to home

Fincorp has recently completed on a bridging loan with one of its neighbours for £2.4m. A client of Fincorp has purchased a property for refurbishment, which is literally in sight of the Fincorp office in St John's Wood.
Nigel Alexander, Director, explains, "An existing client of ours purchased a residential property a stone's throw from our offices. With a bridging loan of £2.4m he is now looking to refurbish the property , selling it for upwards of £5m."
"For over twenty years," Nigel continues, "Fincorp has specialised in residential loans in London and the South-East. We are committed to providing a personal and local service to our clients, and will not compromise on that commitment by doing deals further afield. But the proximity of this deal has brought a whole new meaning to our claim of personal service. Everything could be hand-delivered!"

Charles Derby chooses Fincorp for roadshow

Fincorp has been invited to join the Charles Derby roadshow that is taking place in September. Fincorp are the only bridging lender invited to participate in the roadshow that will be in Leeds on 11th September, Tewkesbury on 12th and London on 13th September. Attendees will include advisers, a variety of lenders and insurance providers, and will undoubtedly be well attended.
Charles Derby is one of the UK's leading providers of financial advice and is the largest company in the Intrinsic network. Intrinsic has over 1700 Financial Advisors around the country.