SPF Private Clients returns to Edinburgh with new office opening
SPF has opened a new office in Edinburgh, marking our return to Scotland for the first time since 2009. Chelsea Thomson has joined SPF to head up the office on Coburg Street in Leith. Falkirk-born-and-bred, Chelsea started her career at HSBC in London before returning to Scotland to work for Clydesdale and Yorkshire Bank. She […]
Daniel O’Neil introduces £30m of loans to Aelier on behalf of client development
Daniel has worked worked with Rengen and Atelier on the last five student accommodation schemes they’ve delivered together.
Case study of the week: A £1.22m semi-commercial bridging loan
Our client approached SPF through recommendation when looking to refinance away from an interest only mortgage which had expired and was now over term. A quick turnaround was required to redeem this mortgage as well as capital raise £350k to inject into the client’s other sites, whilst the security address was awaiting sale. Natalie Glover […]
Case study of the week: A £3.2m residential mortgage
Our client, a partner in a law firm, required a loan-to-value (LTV) of 80% on a £4m residential purchase. They had spoken to other brokers who had recommended a couple of Private Banks, however, they were not happy with the rates and arrangement fees (up to 1% of the loan amount). Adam O’Callaghan CMgr MCMI […]
Case study of the week: A £3.6m residential mortgage
A complex £3.6m residential remortgage deal completed by Adam O’Callaghan, director in our Gracechurch Street office. This client had a successful career in banking, retired in his forties and therefore had no regular income. He did have significant liquid assets (stocks and shares) but these were owned by various corporate structures, all of which […]
Bridging loan case study: Application to completion in 3 days
A client approached us as he was building a house and required further funds to make it wind and watertight and complete the project ready for sale. It was worth £600k in its current condition, and the GDV was £1m. The client had run out of money for the project and had builders on site […]
Case study of the week: A £2.28m residential mortgage
A complex £2.28m residential mortgage deal completed by Richard Smith, adviser in our Gracechurch Street office. Richard comments: “This was a complicated transaction which included a day one remortgage for a client with no income, currently based overseas and moving back to the UK. “The property was purchased in cash when the brokerage he was […]
Case study of the week: A £1.3M semi-commercial term loan
A £1.3m complex semi-commercial deal completed by Natalie Glover, bridging, development and commercial adviser at SPF. This deal was in relation to three newly converted retail units with six flats above. The property was grade II listed and was awaiting discharge of planning conditions to get it across the line. SPF adviser Natalie Glover was […]
SPF unveils international expansion plans as revenue and consultant numbers rise in 2022
SPF Private Clients (SPF) has posted a 13 per cent increase in gross revenue to £37.4 million for the year ending December 2022. While September’s mini-Budget had a negative impact on the mortgage market, debt gross revenue grew by 9 per cent, with SPF’s portfolio of products strengthening throughout the year and its insurance and […]