Century Capital completes £3.5m in a day

The completions included two first charge bridges for refurbishment in London, a £1.5m loan secured on an unmodernised house in Putney valued at £2.5m, and a £470,000 loan on a Victorian terrace in Stockwell, valued at £650,000.

Paul Munford, chief executive of Century Capital, said: “To complete on four loans in under a fortnight and on the same day is what bridging finance is all about.

“Each member of our lending team has an average of more than 15 years’ experience and a commonsense, equity-focused approach to lending, and it really showed through on this occasion.

“Century Capital is about getting things done – and our practical, open-all-hours approach has helped us to build a lean and efficient due diligence process and resulted in a healthy pipeline of deals into the New Year.”