Kenton Finance expands into London market
Property finance provider Kenton Finance, based in the North West, has announced its expansion into London.
Kenton Finance will establish offices in Mayfair and Canary Wharf, serving as a joint London base as it looks to grow its presence in the capital’s property market.
Expanding into London is the latest stage of Kenton Finance’s growth since its foundation in 2015, and forms a key part of its aim to establish a loan book of £500m by 2030.
The business has lent over £375m through hundreds of bridging and development loans to property investors and developers across the UK.
Kenton Finance’s loans are available for between £25,000 and £5m; they can be used for the purchase or refinance of property, the purchase of auction properties, developments that require staged funding, refurbishments, and re-bridging at a more competitive rate.
Kenton Finance doubled its maximum loan offering earlier in 2020 from £2.5m to £5m.
Kenton Hackney, founder and CEO of Kenton Finance, said: “The expansion of Kenton Finance across two offices in London is just the start of our ambitions for the next decade.
“To be able to support developers, buyers and investors across the UK market by injecting finance into the property market during such uncertain times is something that we are extremely proud of.”