Hallidays and CapitalStackers Launch New Funding Service
HALLIDAYS accountants are backing a new property lending service due to launch in January and the latest innovation in peer to peer lending. CapitalStackers has been created by Steve Robson and Lida Weng, along with Hallidays a firm of accountants with an excellent reputation who are supporting them financially and professionally. This is not the first time Steve Robson and Nigel Bennett have come together in the world of property finance and information technology. In 1999 they set up pi-FRAME Ltd, a small and specialised software house which sells real estate lending risk analysis software to banks and property lending boutiques.
CapitalStackers and its website aims to be the destination of choice for investors looking to finance property investments and development schemes. These will be High Net Worth Individuals or Sophisticated Investors with a minimum of £5,000 to invest and looking to achieve a better deal than through some of the more traditional investment routes.
Hallidays, located at Kings Reach Business Park, are supporting the venture which will be based within their offices as they believe this approach by CapitalStackers is not only a good opportunity financially and professionally, but it is also more aligned to their own brand, defined as ethical, transparent and honest.
Hallidays managing partner Nigel Bennett said:
“The recession resulted in a dramatic decline in the construction sector. Property development more or less ceased completely. Five years later, availability of finance from traditional sources is limited in terms of available lenders and in respect of much-reduced loan-to-value ratios, many viable property transactions are therefore baulked.
“CapitalStackers will introduce funding to enable property developments and transactions to complete, bringing growth and jobs. It also allows lenders to participate in loans secured on property assets at attractive rates of return, for example, in comparison to bank deposits”.
Mr Robson said:
“Real estate lending has spent long enough in the doldrums. This initiative and others like it will go a long way to repairing the property finance market. Not only will real estate borrowers benefit from improved liquidity, so also will investors through achieving better returns. We are genuinely excited about the future.”
They have opened their doors early so that investors and borrowers can register their interest in anticipation of their January launch. We very much hope you like what you see and we are keen to receive any comments you may have by email to: email@example.com
CapitalStackers people are highly experienced in real estate lending, financial modelling and information technology. Hallidays is a firm with a 150 year long and impressive history. It is FCA authorised for client account handling.