Hello! At Lowry Capital we provide fast funding for property projects. If you’re a property
developer or property investor and you need funding quickly to buy, develop, refurbish or
complete a property project, you’re in the right place.
Funding for the Purchase of a Former HMO Property
Our client purchased this former HMO with planning permission to convert it into six single unit flats. The property was purchased pre-auction. The client had exchanged and only had 28 days to complete the purchase or risk breach of contract, losing the property and the deposit which had already been paid.
Ben Hartley at Lowry Capital is absolutely on point, understanding client needs from conception to completion. Would I recommend him....already have!
Paul Harrhy, Active Mortgage
Funding for the Purchase of a 17 Bed Hostel to Convert into a Boutique Hotel
Our client had agreed an excellent price to buy a 17-bed hostel, with the intention of then converting the property into a 14-bed boutique hotel. However, the client needed to complete within 4 weeks in order to secure the property below market value.
Our client had agreed to purchase a four bedroom property with the intention of renting it as a holiday let. Funding from another lender was days away from completion when the lender stopped all lending without notice, leaving the buyer in a difficult position with funds committed to the purchase.
Funding to Complete the Construction of a 4 Bed Detached House
The client is a highly experienced builder who over the years has completed many residential developments. On this occasion, funding was required quickly to complete the penultimate property on the client’s latest development project.
Funding for the Development of a Rural Holiday Park
Our client owned a large rural caravan park near Inverness in the Scottish Highlands. The client required funding to improve the park’s infrastructure and facilities, however the client’s current lender would not provide any further funding.
Funding to Develop the Final Property on a Development
A property developer was building five new properties in Cheltenham. They had successfully developed four of the properties and sold them, but with one remaining plot, the client needed funding to develop the final house. Lowry Capital provided £140,000 in two stages, in line with the client’s schedule of works.
A big thank you to Chris Fortune and the team at Lowry Capital for funding a barn conversion on the outskirts of Chester. Chris engaged with the client quickly, and delivered on the transaction exactly how it was advised and they were delighted with the speed and the service provided.
Martin Johnson, Director, Empire Commercial Finance
Funding for the Purchase of Listed Building Below Market Value
A property developer had negotiated a fantastic purchase price for this listed property was keen to complete quickly. Lowry Capital provided a loan of £250,000 which represented 82% of the purchase price.
We would like to take this opportunity to thank Chris Fortune and his colleagues at Lowry Capital for their professional and efficient approach to the project and we look forward to working with the team on the next opportunity.
Jason Dempsey, Senior Case Manager, Developer Money Market
Funding to Complete a Development in North Yorkshire
Our client was in the process of converting three barns into residential homes and building three further detached houses on the remaining land. Lowry Capital provided £970,000 for the development to advance.
Our client needed flexible and easy to draw funding to construct a retail park in Dunfermline, Scotland. The development consists of six retail commercial units (including two drive-thrus). Lowry Capital provided initial funding at the groundworks stage, and six further drawdowns totalling £1,279,000 in line with the schedule of works. The GDV is estimated at £4m.
Funding to Complete the Renovation of a BTL Property
A property developer had identified a small, residential BTL opportunity in Aberdeen, and required looking a small bridging loan to assist with the completion. Lowry Capital provided £33,000 over a 6 month term so the client could complete the renovation and sell the property on.
Thank you, Lowry Capital, for making the whole process smooth and seamless. The entire team are professional, friendly and all very responsive. Highly recommended and will definitely use again.
Ken Lee, Property Developer
Raising Funds Against a Listed Building of Historic Significance
The client needed to raise funds against one of the UK’s most treasured historic buildings, the iconic 17th-century Custom House, overlooking the site of the town’s medieval harbour. This proved a challenging exercise as we needed to get to grips with the complexity of the Trust Ownership, the length and terms of the lease to the council, and sourcing a valuation for such an unusual building. We provided funds within a few weeks of receiving the application.
Funds to Convert a Former Council Office Building into 32 Flats
Our client was able to acquire an historic council building for an excellent price, however the costs to convert the building were significant and the work needed to be completed quickly. Lowry Capital provided funds of £3,168,000 in thirteen drawdowns. The development will prove to be a very lucrative project, netting our client over £1million profit after all costs.
Bridging out of a Bridge for 2 Refurbishment Properties
A property refurbishment had taken longer than expected and the original bridging loan term was fast approaching its end date. The client was keen to avoid any costs for going over the agreed term. Lowry Capital provided £495,000 within 14 days.
Thanks so much... you guys have been awesome! We really appreciate what you’ve done for us. It will be great to finally complete our project at Glenforsa. A good reason to celebrate tonight! Once again, thanks for everything. Have a great weekend. I’ll keep you updated on the progress.
Kris and Alison Rose, Property Investors
Funding for the Development of 5 Detached Houses
A property developer had purchased a parcel of land in December 2019 and gained planning permission for 5 detached houses. To date, Lowry Capital has funded £967,750 in stages and the development is progressing on time and on budget.
Hi Stephen, I've found dealing with Lowry Capital to be a very efficient and a hassle free experience. The speed at which my bridging finance was arranged was second to none and the staff could not of been more helpful. I look forward to dealing with Lowry Capital in the near future.
I Stark, K Properties Ltd
Development Funding to Complete 6 New Build Bungalows
Our client had started a development project of 6 new build bungalows – all of which were partially built and already reserved.The client needed immediate funding of £820,000, in order to pay off another lender and to complete the work on the properties.
We had an urgent requirement for a short term facility to complete on a leasehold flat on one of our development sites, which we were in the final throes of assembling. Terms were agreed within a day and we were able to drawdown and meet our deadline within a matter of days. We found the team at Lowry Capital to be very professional and helpful and we would definitely use their services again.
Philip Howard, Property Developer
Funding for the Conversion of a Landmark Hotel to Apartments
The client had planning permission to convert the building into six, luxury two-bedroom apartments. However, funding was required quickly in order to pay off an existing lender and carry out the work.
Having already exchanged on the purchase for 5 bedroom terrace house in Flintshire, Wales, our client needed funds quickly to renovate the property, split it into 2 flats and sell each property separately. Lowry Capital provided the funds to meet the client’s deadline.