Assetz Capital is pleased to announce a new partnership between their firm and Cambridge & Counties Bank (CCB), making £150 million available to fund SME residential developments across the UK. This collab brings together two UK lenders with shared values around steady growth, regional expertise, and sustainable housing delivery. For developers and brokers, it means improved access to more reliable, “competitively priced” funding at a time when the market really needs it.
Stuart Law, CEO at Assetz Capital, has said the partnership is another strong endorsement of their stability and track record.
Stuart Law of Assetz Capital also mentioned that their performance through market cycles has shown that their firm “is an efficient platform for institutions to deploy capital into UK housing.”
This new relationship with CCB deepens their marketplace and “broadens the options available for property entrepreneurs and SME housebuilders.”
Chief Commercial Officer, Andrew Fraser, also commented on some of the benefits for developers and brokers.
Fraser added that this partnership ensures continued “access to stable, UK-based capital at a critical time for housing delivery.”
Since launching back in 2013, they have funded over £1.7 billion in property-secured lending, supporting the construction of various new homes nationwide, around “one in every twelve built by SME housebuilders in recent years.”
Their latest partnership with CCB represents another “step in their growth as a trusted institutional platform and reinforces their commitment to supporting the UK’s housing market.”
As reported in June of this year, Assetz Capital strengthened its commitment to SME property developers with the launch of ‘Assetz Elevate’ – a “product line offering flexible loans from £250,000 to £1.5 million for smaller ground-up development opportunities.”
Tailored for relatively smaller residential schemes of 1–15 units across England and Wales, the product delivers funding at “up to 70% LTGDV and 85% LTC, with credit-backed terms designed for speed, certainty, and execution.”
Although Assetz had deployed more than £262 million in sub £1.5m loans to date (as of June this year), this move marks a formalisation of a specialist New Business Team and a “commitment to this underserved segment of the market – ensuring smaller developers get the reliability they need.”
