Jenny has launched a business partnership with her son, Tom (right), for the project — which is due to be completed in 2021 — and revealed that they had initially struggled to access quick finance for the development.
Jenny and Tom launched their property business two years ago, partnering with builder Collin Russon (second right), under the name Russon-Campbell Developments.
“We went to two high street lenders, but it was hard to get the finance we wanted quickly,” said Jenny.
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“They had very formal processes and a ‘tick-box’ approach to follow before they’d release the funding.
“What we were looking for was a more hands-on approach from a lender who wanted to understand our business and our plans for the scheme, as well as build a long-term relationship with Tom as a funding partner for future projects.”
Tom added: “The business partnership with my mum is working really well and we are already looking at other projects to take on after we’ve completed the current housing development.”
Jonathan Sally, lending director at Together (left), stated that the specialist lender saw “huge potential” when the case came to them.