Century Capital sees bumper week of completions
Specialist property lender Century Capital has reported a week of multiple completions, including high net worth (HNW) projects related to two Chelsea townhouses.
The first loan was for £150,000 on a townhouse near the Kings Road; the second was for £5.5m on a home near Cheyne Walk.
The larger transaction was for an international businessman who wanted a lender that would deal exclusively with their family office without his involvement.
Paul Munford, CEO of Century Capital, said: “We have had a hectic week of deals and our pipeline for Q2 remains very strong indeed.
“The two deals highlighted demonstrate that Century lend across all loan sizes and we find solutions where others cannot.
“We have a ‘get it done’ attitude and we don’t shy away from complex deals.
“Both the Chelsea transactions were for HNW individuals where Century took a flexible approach to ensure a swift close.”
Luke Navin, head of lending at Century Capital, said: “Our loans are not based on size and we pride ourselves on our agility and flexibility.
“We work hard for our borrowers and brokers and we will stop at nothing to structure a deal that works for everyone.”
Century Capital provides short-term financing solutions ranging from £250,000 to £10m.
Since inception in 2012, Century Capital has provided more than £300m of property financing and has experienced no capital losses to-date.