Arbuthnot Latham launches short-term finance division
Arbuthnot Latham has launched Arbuthnot Specialist Finance Limited to provide short-term real estate finance solutions for purchase, refinance and development projects for property professionals and entrepreneurs across the UK.
Shoaib Bux and Yasin Patel lead the division as joint managing directors, totalling 25 years’ experience in the specialist lending industry, having previously both been divisional directors at Amicus, in addition to launching Mayfair Bridging in 2007.
Bux and Patel said: “We are delighted to announce the launch of Arbuthnot Specialist Finance and to introduce our product to the short-term lending space.
“Our offering is tailored to client needs and brings private banking style relationship management and bespoke service to all real estate finance solutions. We look forward to working with property professionals and entrepreneurs across the UK.”
Reflecting greater selectiveness from high street lenders, property professionals are turning to specialist lenders to fund development projects and property purchases.
Arbuthnot Specialist Finance provides the full range of property finance facilities, with an emphasis on long term client relationships. This tailored approach creates a bespoke service with dedicated relationship managers to structure products around client needs.
Established in August 2018, the Arbuthnot Specialist Finance team has almost doubled in size, with further growth planned in the coming months.
Arbuthnot Latham & Co., Limited is the private and commercial banking and wealth management arm of the Arbuthnot Banking Group PLC.