Belfast Telegraph

Close Brothers raise a glass to Telegraph’s Property Awards

Gary Ferris, Close Brothers Property Finance senior manager for Scotland and NI, says there is a significant degree of positivity in the local housing market
Gary Ferris, Close Brothers Property Finance senior manager for Scotland and NI, says there is a significant degree of positivity in the local housing market

By Stephanie Bell

Close Brothers Property Finance is delighted to be involved in this year's Belfast Telegraph Property Awards as sponsors of the drinks reception.

Gary Ferris, senior manager for Scotland and Northern Ireland, said: "This is the first time we have been involved with the awards and we are proud to be part of an event that recognises and celebrates the successes of Northern Ireland's property professionals and businesses."

Close Brothers Property Finance has over 40 years of property lending experience and has remained active and consistent throughout the economic cycles.

The company's team of dedicated relationship managers are industry experts and are able to provide fast initial decisions.

Building long-term relationships is a core aim of the business.

The company supports experienced developers across the UK and for the strongest proposals can consider lending up to 60% of the completed development value (this typically allows clients to borrow up to 85% of costs) for residential developments, with loans ranging from £500,000 to a maximum of £10,000,000.

When it comes to lending, the firm takes a personal approach - working with clients throughout the process and tailoring its facilities to meet their individual needs.

The company has been lending in Northern Ireland for the last two years, supporting SME developers in growing their businesses. Close Brothers' local knowledge and an understanding of client needs and goals helps them deliver their projects.

Gary Ferris, senior manager for Scotland and Northern Ireland, said: "As we enter our third year of lending in Northern Ireland, we are pleased and excited to continue our ongoing commitment to the region and the house building sector, supporting both local businesses and the wider economy.

"The focus is on providing residential development finance and the delivery of high-quality homes, in a market where despite growing uncertainty, there remains a significant amount of positive sentiment where demand for modern family housing is increasing.

"We have been able to maintain our core lending principles of supporting experienced clients, developing in strong locations and differentiating ourselves through our flexibility, speed of delivery and high customer service, which we are immensely proud of.

"With a continued appetite to grow our presence in Northern Ireland, we look forward to developing our existing client base and welcome the opportunity to speak to new clients and property professionals looking for a relationship with a bank that understands property."

Mr Ferris added: "We would like to take this opportunity to wish the shortlist of finalists in the Belfast Telegraph Property Awards good luck, as well as thanking the judges for their hard work and we look forward to toasting the winners on November 15."