The bridging and development finance lender provided loans ranging from its first Instagram-sourced loan to providing a land facility for a £2.7m gross development value scheme.

Avamore received a record number of enquiries for the month over approximately 100 deals.

“Given this extraordinary volume of enquiries and subsequently having agreed terms on a very large proportion of these deals, we now have an exceptional pipeline of deals closing in September and October,” said Michael Dean, principal at Avamore Capital.

“However, we won’t let the grass grow under our feet.

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“Francesca and her business development team will be pushing hard to spread the message of performance, service and flexibility at a competitive price.”

One of the loans provided by Avamore was a structured facility for a client of Pioneer Finance for more than £2.4m.

The facilities enabled the developer to deliver a mix of one- and two-bedroom units in the Twickenham area with the units estimated to have a price point of under £400,000.

The initial LTVs for the customer were structured above 80% as Avamore took a flexible approach to the deal.

"Avamore Capital [is addressing] the UK shortage of housing by funding developers on schemes that supply affordable properties in local areas to local families,” said Neil Harris, principal at Pioneer Finance.

Zuhair Mirza, co-founding principal of Avamore, added: “Many thanks again to all our introducers and customers for their business this past month.

“We couldn’t do it without them.

“Thanks as always to Neil at Pioneer for his support and trust when working with his clients."