Assetz Capital

Assetz Capital provides funding for 260 homes since entering NI market

Assetz Capital has provided £53.6m in funding for more than 260 new homes since entering the Northern Ireland residential development market in January 2018.

The marketplace lender has helped to fund properties ranging from social and affordable homes to high-end luxury houses located across the province.

“I believe that the Northern Ireland housing market has been quietly recovering from the impact of the global financial crisis and has returned to sustainable levels of growth in recent years,” said Andrew Fraser, relationship director at Assetz Capital.

“While buyer confidence is robust and demand for good quality housing is at sensible levels, until now the capacity of local developers to deliver homes has to some extent been frustrated by an absence of consistent finance opportunities.”

Ryan Andrews, director at Reeds Rains Northern Ireland, added: “This year has been a positive one for new homes sales for the Reeds Rains network in NI…

“Supply remains the main issue ahead. 

“We need more new homes to meet the demand we are experiencing from first-time buyers and families, so the news of 260 new homes funded by Assetz Capital will be incredibly well received.”

Sign up to our newsletter to receive more news like this story

I accept that by joining the DFT mailing list, I will receive relevant news and promotional material via DFT on behalf of its partners and advertisers. Your data will not be passed on to any third party.
No, thanks, just the news please.

Leave a comment