Straightforward funding in a complicated world
Titlestone Property Finance believes that there is an alternative to the complicated nature of residential development funding where, even if it is possible to find a lender interested in discussing a project, the lending criteria is often too restrictive and the time taken to reach a decision is too long.
Through our stretched senior loans, we provide residential and commercial development finance for experienced property developers with good projects, in strong locations, with a view to building long term relationships.
Titlestone Property Finance was established in 2012 and has since committed in excess of £2bn across over 300 development facilities. We are backed by the significant resources of Oaktree Capital and have a team of experienced lenders with the ability to provide stretch senior development funding of up to £25,000,000 across London, the South East and Southern England.
Our goal is to be your first call for stretched senior residential and commercial development finance.
Titlestone acquired by Paragon Banking Group PLC
Titlestone Property is pleased to announce that it has been acquired by Paragon Banking Group PLC.
Paragon commenced residential development finance lending in 2016 and its acquisition of Titlestone reflects its strategy to diversify into specialist lending markets through a combination of organic start-ups and acquisitions.
Paragon considers the development finance market to be particularly attractive, with strong long-term growth prospects. The market benefits from strong underlying demand based on the shortage of housing in the UK and requires a specialist focus on customer requirements, risk assessment and in-life portfolio management.
Titlestone’s team will be combined with Paragon’s existing development finance team, under the leadership of Titlestone’s Managing Director, Robert Orr.
For further information about Paragon, click here.