Avamore took on a difficult case both in terms of execution but also in terms of working to a tight deadline over Christmas. The teams dedication to ensuring completion of the loan despite challenges... See more
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We have recently completed on our second project with Avamore Capital. The second time around it is clear that Avamore is a fine example of what a true lending partner should be. Many developer... See more
I have used them before and I would never recommend them. They charged me double what was agreed. My wife has cancer, and they still charged me a ridiculous amount during these difficult times. Please... See more
We are working with Avamore on a current live deal and are about 50% of the way through the loan term. Throughout the whole process Avamore have been communicative, supportive and professiona... See more
Company details
Written by the company
We are a principal development and bridging lender with a forward-thinking approach. Every individual at Avamore is dedicated to providing outstanding service and understands that developer needs are consistently evolving. As such, we were the first-ever lender to introduce the Part Complete Development product to the market. This sits alongside our Bridging and Refurbishment loan products. As a team, we will continue to work closely with borrowing and broking partners to remain responsive and dynamic to accommodate future loan product requirements. We are dedicated to partnerships and building trusting relationships with all of our customers, intermediaries and service providers. As a team we stand for transparency, reliability and predictability and we are committed to delivering outstanding service at competitive prices. Our team offers relevant and intelligent funding solutions to suit the real time needs of property developers. Therefore, we will always work closely with intermediaries and developers to help them achieve their goals. This is either through traditional products or, by identifying underserved areas of the bridging and development market and delivering innovative solutions that truly work.
Contact info
1-3 Frederick's Place, EC2R8AE, London, United Kingdom
- 02078594057
- np@avamorecapital.com
- avamorecapital.com
If you’re looking for a reliable, experienced property finance partner who understands the market and delivers what they promise, I wouldn’t hesitate to recommend them.
Over several projects we continue to have an excellent experience with this property finance company from start to finish. The team is knowledgeable, responsive, and genuinely invested in helping us find the right funding solution for our projects.
I have had positive experiences with…
I have had positive experiences with Avamore. The tea are engaging and knowledgeable, and will act proactively on cases
Helpful and knowledgeable team
Always found them to be very knowledgeable and helpful. Great experience overall.
I have used them before and I would…
I have used them before and I would never recommend them. They charged me double what was agreed. My wife has cancer, and they still charged me a ridiculous amount during these difficult times. Please find a different lender who will understand family issues.
We recently completed another…
We recently completed another transaction with Avamore Capital for our borrower client. As always, its a pleasure to work with Nikolay Petkov who always goes all in for Articulate Capital to get the job done. Nikolay has many fine qualities, including those of leadership, and always knows what qualities to call on in any given situation. We have now completed many transactions with Avamore Capital and look forward to executing many more in the future with the firm.
Sincerely,
Daniel Broadhead
Director
Articulate Capital Limited
Great Service
This is the first time I have worked with Avamore Capital and the service I received was exceptional. From the very beginning, Avamore acted as though they were part of my team guiding me through challenges and being completely transparent about what was achievable. They were very clear about the information I needed to provide and were honest with the progress of the transaction which are two key qualities you would expect from a good lender. In addition however, I came up against some unforeseen challenges with the deal and I suspect that most lenders would not have proceeded with me; instead, Avamore understood the importance of the initial transaction and so worked with me to structure the best outcome possible using a second deal to help the first close. They undoubtedly went over and above to perform for me and I couldn’t ask for a better lending service.
Excellent service
Avamore were superb in structuring a part built development to exit facility. The process from start to finish was quick and precise. There was always great communication between ourselves and the transaction analyst and we were always provided with great feedback and genuine next steps. Good common sense approach to lending and an overall a very positive experience.
Broker Review
On behalf of our client, I am pleased to say we recently completed our 1st development finance deal with Avamore.
From the word go, it was a difficult case due to a variety of factors and matters did become protracted, however Avamore showed a great level of proactivity & patience in dealing with all the necessary parties to get the deal over the line.
The team is very experienced and their knowledge of property development finance is very good.
Fundamentally they delivered and I would not hesitate in recommending and/or using them again.
Above and beyond, could not recommend them enough
We have recently completed on our second project with Avamore Capital. The second time around it is clear that Avamore is a fine example of what a true lending partner should be.
Many developers primarily focus on the rates, but the key is that you have a lender that is part of your team. Understands your challenges and is flexible in their approach when you come across bumps on the road.
With Avamore Capital we have always spoken directly to decision makers, thus making the process swift and painless. As a developer you will always face challenges, delays or cost overruns but with Avamore they have always supported us in our journey.
They truly focus on growing long term relationships rather than putting profit before their clients.
Avamore were great to deal with from the start
Avamore were great to deal with from the start, after we approached them to refinance our development exit. They worked with us to a tight deadline; their requirements we were clear; they were responsive, flexible and professional. We look forward to pursuing other opportunities with them in the future.
Avamore took on a difficult case both…
Avamore took on a difficult case both in terms of execution but also in terms of working to a tight deadline over Christmas. The teams dedication to ensuring completion of the loan despite challenges was refreshing. The team at Avamore are well resourced but equally full of knowledgeable professionals that were a joy to work with. We hope to do more with this group.
Exceptional Lender
It was great to work with Avamore on a bridge deal. Their service was exceptional, especially as we encountered some tricky situations along the way. Many other lenders are likely to have given up but they persisted and so it genuinely felt as though we were working together. They showed great flexibility throughout the process and they were incredibly quick and efficient when offering new terms to meet the borrowers needs. I would recommend them to other brokers and look forward to completing further transactions with them.
Working with Avamore on my two projects…
Working with Avamore on my two projects was great. They were efficient and transparent throughout the entire process. Certainly a trusted lending partner. I would highly recommend them.
They exceed my expectations each and every time.
This is the 8th deal which I have arranged with Avamore. They exceed my expectations each and every time. Their service is prompt and efficient and I am always comfortable referring my clients to Avamore, particularly because the entire credit team is highly experienced. Avamore consistently work hard to gain the best outcome for my clients; they are innovative in their approach and solutions. The most valuable attribute for me as a broker, is that Avamore understands the way they conduct business, reflects back onto me and my reputation. For this particular deal they were incredibly patient and thorough during the entire lending process. I look forward to working with Avamore once again.
Excellent Service, Start to Finish
I have just completed a deal to organise development finance through Avemore Capital and have to say the level of service and dedication to get us to the start line of the scheme has been nothing short of amazing. I embarked on a project to obtain planning to convert my existing large 4 bedroom flat into 2x 2 bedroom apartments in Hampton Hill, a year later and I was ready to look for funding and after some time Avemore stepped in to assist in the scheme and what should of been quite straight forward quickly turned to a complicated headache. This was due to reasons out of Avemore’s hands regarding complications on the lease. The team at Avemore helped me negotiate the correct way to safe guard my interests financially in the granting of new leases on the scheme and I seriously doubt I would of got to this point with other lenders in the market place as it would of just taken too much time to do this pre-completion. A special mention has to go to Directors Zuhair and Michael & Principle Amit who have painstakingly persisted with this to get me to completion! I look forward to the next stage and the working with them throughout the build.
Second to none level of service and knowledge
We are working with Avamore on a current live deal and are about 50% of the way through the loan term. Throughout the whole process Avamore have been communicative, supportive and professional.
The principals (Nick & Amit) are second to none in their field and are personable too, a rare trait in this game.
Based on their level of service and the value they add to developers, i really look forward to seeing their business go from strength to strength. It's been an absolute pleasure to be working with Avamore on this and potentially future deals.
Very much excited to grow our relationship with the team and doing business in the future.
James Fox
Director, Apax Property Limited
Avamore Capital broker review
Avamore Capital are a brilliant lender who are always willing to go the extra mile to get the deal across the line. As debt advisors and brokers our opinion is that Avamore Capital have proven themselves to us to be a safe pair of hands when it comes to our clients' property development schemes.
Whenever we elect to go with Avamore Capital we always have extremely high confidence that we will get to completion drawdown. This confidence has proven to be well placed.
Furthermore the feedback from our clients after completion drawdown has been extremely positive.
We look forward to executing on many more deals over years to come with Avamore Capital.
Sincerely,
Daniel Broadhead
Director
Articulate Capital Limited
Permitted Development Loan
It was a pleasure working with Avamore Capital to arrange funding for a PD Scheme on behalf of my clients.
Dealing with decision makers and principals who have a real understanding of property and lending made the process smooth and efficient from the start all the way through to completion. Their commercial views and pro-activeness meant we were always confident of hitting the necessary deadlines.
Look forward to our next deal together.
I was impressed with three things from…
I was impressed with three things from Avamore in relation to a loan I've just arranged through them:-
Firstly, they amended a development loan offer to a bridging loan offer, effectively relying on a different piece of security, without commissioning a new valuation
Secondly, they found a fast route to then increase the bridging loan when some funds due to the borrower were delayed
While in my own mind both of the amendments were credit worthy, I’m not sure many others lenders would have been as accommodating, flexible, or fast.
Thirdly, despite the borrower being in a difficult situation and on a short timescale, their pricing for the above revisions was very fair indeed.
Did exactly what it says on the tin
I was introduced to Avamore as a reliable source of bridging finance for a property acquisition. The timing was very tight to meet the exchange deadline. The team at Avamore worked closely with both myself and my advisors to not just hit the deadline but to do so in a clear and open way that gave me confidence throughout the process. I look forward to dealing with them on an ongoing basis. It was excellent service.
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