We offer bridging & light development loans of up to £5m across England & Wales.
Our parent company S&U PLC is a majority family-owned FTSE listed firm with £300m equity plus secure additional funding lines.
S&U is committed to treating customers fairly & have lent through every financial cycle since 1938.
Aspen's focus is on delivering excellent customer service together with a transparent pricing & quoting structure.
With great products focused on delivering excellent customer service, we are an award-winning principal lender providing funding to UK & foreign clients.
Our funding is from our parent company S&U PLC which is a majority family owned FTSE listed firm with £300m in listed equity plus secure additional funding lines. We are committed to treating customers fairly & have lent through every financial cycle since 1938.
We have consistently completed deals in as little as 4 days recently in support of borrowers needing rapid transactions. We will always say how fast we can deliver and what it depends upon up front for each case.
Our desktop valuation offering is a key part of our ability to support rapid-transactions and other special scenarios and covers residential, mixed use and commercial properties.
We have integrated two legal firms (representing lender & borrower) into one streamlined process to give every borrower the option of having the speed and pricing benefits of dual representation together with the protection of independent advice.
We have corporate and individual clients from 6 continents - our specialist legal partners use remote signing to enable rapid transactions. We offer the same reasonable rates to all borrowers regardless of nationality and ownership structure.
We offer purchase and works funding on conversion schemes, Finish & Exits, structural works and extensions as well as lighter refurbishments all at up to 75% LTV plus 100% cost of works.
A rapid £2,327,250, 73% loan-to-value bridging loan from Aspen has saved a customer's £125k auction purchase deposit and provided additional funding on a part-finished development.
Completed in just 15 days at 0.49% for six months on the lender's stepped rate product, the deal brings together both a rapid auction purchase and finish-and-exit elements under one roof.
The auction purchase, a six-bedroom semi-detached in Wandsworth, was bought at the end of August with the monies required within a 15 day period.
The part-finished development project, a five-bedroom terraced property in the same area, was purchased in 2019 and still has £140k works outstanding. The deal also includes 100% works funding.READ MORE