Assetz Capital has deployed £20m of development funding across seven transactions so far in April, marking a strong start to its financial year and reinforcing the lender’s commitment to supporting regional development.
The completions include £11.3m across three projects for a single borrower in Yorkshire, alongside £5.6m across two deals in the Midlands, £1m in Brighton and £1.9m in the Scottish Highlands.
All seven transactions were led by the lender’s relationship directors: Ricky Humpherys (Yorkshire), David Hehir (Midlands), Jake Hiskett (South Coast) and Geoff O’Brien (Scottish Highlands).
The activity follows the recent launch of Assetz Capital’s enhanced development finance rates from 9.1% and builds on its stated strategy of delivering competitive, regionally targeted lending.
Andrew Fraser, chief commercial officer at Assetz Capital, said: “Our regional-first approach gives us a real edge when it comes to understanding the needs of developers where housing demand is strong.
“Across the UK, developers are telling us that our certainty of funding and speed of access are absolutely critical right now. That’s where our Day 1 advances and on-the-ground lending expertise of our relationship directors continue to be real differentiators.”
The lender’s April activity supports its wider strategic focus on SME housebuilder support, following the introduction of its enhanced senior development finance product at MIPIM 2025.
The new model offers up to 72% loan-to-GDV and 87.5% loan-to-cost, with increased Day 1 advances aimed at helping developers progress sites at pace.
