Latest commercial property news from Lambert Smith Hampton

New property finance service at LSH Birmingham

13/11/2015

Fay Cavey Wilcox

(LSH) has today announced the appointment of Eddie Kelly to lead its new property finance service in the Midlands.

Eddie joins LSH from Bilfinger GVA, where he spent five years working in the restructure and recovery team co-ordinating a National project advising banks in UK and Ireland on distressed property assets and also advising  borrowers on debt restructuring and refinancing .  He previously worked in the Banking Sector for over 20 years, predominantly in Property Lending, working for Bank of Ireland and Anglo Irish Bank.

Adam Ramshaw, head of LSH’s Birmingham and East Midlands regions said: “Eddie has a wealth of experience on both sides of the fence; as a Banker and working for a National property consultancy. Property Finance is a new service line for LSH in the Midlands, and we believe there’s a gap in the market to exploit and there’s nobody better placed than Eddie to deliver this.

Eddie said: “Securing funding on the right terms is vital to any property investor or developer but it can be a complicated and time consuming process, and it’s not always just about pricing and how much they can borrow. Our new property finance service will be able to ensure our clients in the Midlands are fully informed on what is available in the marketplace and also assist new entrants to the development and investment sector .Being able to draw on the multi sector  expertise of our extensive regional network of offices  will only serve to enhance this offer further.“

The team in the Midlands can advise on a range of finance options - including finance for investment, short term lending (bridging), development funding, unconditional purchases (sites with no planning) and refinancing.

LSH first began offering in-house property finance from its London headquarters last October and Eddie’s appointment sees the first dedicated advisor for the Midlands region.

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