New brokerage launches with plans to arrange over £100m of deals this year

New specialist finance brokerage, Merryoaks Property Finance, has officially launched this month.

The independent firm, backed by mortgage finance specialists and investment firm Ramsay & White Holdings, specialises in arranging bespoke short-term — including bridging and commercial — and development finance, as well as equity and debt finance for UK developers and investors across different asset classes.

The brokerage works with both traditional to alternative lenders.

Merryoaks Property Finance aims to arrange over £100m worth of deals this year.

The firm is led by founder and managing director, Saam Lowni (pictured above), who has over 20 years of residential and commercial property development experience, spanning sales, lettings, management and finance.

Throughout his career, he has worked with international developers across London, Spain and the Middle East, and was previously head of origination at Hilltop Credit Partners.

“Merryoaks Property Finance, with its deep contacts with funders across the spectrum, is well placed to support residential and commercial property developers and investors across Britain by securing funding for their next development or investment project,” said Saam.

“We are focused on delivering personalised financial advice and helping ambitious developers and investors enter the property market while also assisting existing SME investors/developers grow in professionalism and stature.

“This will be part of the solution to increase the supply and quality affordable property across the UK.”

Joel White, group director and founder of Ramsay & White, added: “Merryoaks Property Finance has the ability to build symbiotic relationships between an SME developer or investor and the wider funding market. 

“This is an excellent proposition for business owners who are seriously looking to scale their property business, working on multi-unit residential properties, new-build, conversion, refurbishment or commercial development schemes.

“We also believe that by enabling SME property developers and investors to construct more homes, we will be playing a role in solving the current housing shortage.

“Intermediaries such as Merryoaks can help plug the funding gap by supporting developers from one scheme to the next, and in doing so, help the government reach the 300,000 new homes objective.”

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