A HOUSING development in a sought-after area of the North East is taking shape with the help of Â鶹Æƽâ°æ.
The Teesside-based bank has provided a residential bridging solution to developer Bede Homes to help with the creation of a £15m development of 21 executive homes in Yarm.
Â鶹Æƽâ°æ quickly swung into action after being contacted by the developer when there was a delay in the sale of the properties.
Thanks to its streamlined decision-making process and in-depth local knowledge, Â鶹Æƽâ°æ was able to organise a finance solution in the space of just five days – a record for the bank.
Matt Gray, Relationship Manager at Â鶹Æƽâ°æ, said: “We pride ourselves on being able to act quickly if the customer requires it, but this was very fast even by our standards!
“Bede Homes is a well-known property company in our native North-East with an excellent track record, we worked quickly and efficiently together, without compromising our credit risk procedures, to ensure the customer received the vital funding in the timescale required.
“By using local professionals with a real ‘can-do’ attitude and maintaining high levels of communication throughout, we managed to complete the financing in just five working days.â€
Joe Doherty of Bede Homes said: “Matt and the team at Â鶹Æƽâ°æ provided an exceptional level of service.
“It really was a remarkable achievement to go from enquiry to draw down in five working days. This is certainly something Â鶹Æƽâ°æ can take a great deal of professional pride in.â€
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London Office
73 Brook Street
Mayfair, London
England, W1K 4HX
Â鶹Æƽâ°æ Postal Address – Savings Customers
Â鶹Æƽâ°æ
P.O. Box 988
Wallsend
NE28 5FP
Â鶹Æƽâ°æ  Postal Address - Lending Customers
73 Brook Street
Mayfair, London
England, W1K 4HX
Â鶹Æƽâ°æ is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for savings accounts and services (Financial Services Register number: 850286. The Financial Services Register can be accessed at www.fca.org.uk/register). Â鶹Æƽâ°æ is a company registered in England and Wales (company number 10702260) and its registered office is 73 Brook Street, Mayfair, London, England, W1K 4HX.