Having Funds Is Essential In Property Developing

Mike Ashley owner of Sports Direct and Newcastle United has moved into London’s luxury property market and is backing a developer to buy storage depot in London to turn it into luxury flats. The facilities were previously owned by the John Lewis Partnership, who has moved to larger premises.
The Sports Direct founder is said to have invested £200m, and stands to make vast profits. Having the funds is essential in property developing to make a killing!
The site in Chelsea has planning permission for a large number of high-end luxury flats and town houses. The development could be worth as much as £900 million when finished, and will appeal to the wealthy elite of London society!
Mr Ashley is thought to have backed the deal through his holding company Mash Holdings, where the recent sale of part of his stake in Sports direct has been deposited.

Property Developers Finance

Whilst all you property developers out there might not have access to Mike Ashley’s wallet, there are alternatives available.
AtPledge is an experienced lender to property developers and has helped many to achieve their dreams. We are not only a lender, we have a commercial team in house who will be able to evaluate your project with you and provide the necessary funds to get your development moving.
Not only do we lend at the beginning of a project, we will also help part way through when your loyal bank has deserted you! Our motto is we lend when others won’t.
If you have some assets to secure your lending we can nearly always help you keep your project moving.
The market is right at the moment with less supply than demand, so make sure you find a suitable project and contact AtPledge for property developers finance. We have bespoke rates for property developers that meet certain criteria, so please contact us now.