New record – Fiduciam sprints like a Celtic tiger: €14 million lent across seven loans in Ireland in the month of April.
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Fiduciam lent £19m for student accommodation in February
Affordable housing schemes frequently include buyer income and sales price restrictions. Fiduciam overcame these constraints to provide the developer with the funds to complete this innovative horizontal living scheme.
Fiduciam aims to double development lending in 2022
Fiduciam’s development team is targeting £140 million of new lending in the UK and Ireland in 2022. Reduced interest rates start at 0.57% PCM for heavy refurb and conversion projects and 0.61% for ground-up developments.
Fiduciam secures £400m of additional funding and cuts interest rates
The new interest rates and LTV parameters were finalised after extensive competitor analysis with the objective of offering best in class products.
Fiduciam accredited for the Recovery Loan Scheme (RLS)
As an accredited lender, we are keen to assist SMEs recover from the Covid-19 pandemic with business bridge, refurbishment and development loans between £250,000 and £10 million. Fiduciam can offer facilities to new and existing customers with terms of up to three years.