Aspen was founded in 2017 by Ed Ahrens (MD) & Jack Coombs (Director).
Aspen is an 100% subsidiary of S&U PLC which is a majority family owned FTSE listed speciality lender with c.£300m in listed equity plus secure additional funding lines.
S&U has been run by 3 generations of Coombs' since its foundation in 1938 by Clifford Coombs.
S&U is committed to treating customers fairly & have lent through every financial cycle since 1938.
We offer an expert and rapid service making Aspen a reliably specialist lender.
As a family business we are focused on long term relationships and we pride ourselves on being a lender you can rely on through thick and thin. Aspen's approach is to try and give introducers and borrowers fully-costed terms that we can deliver on early in the process.
Aspen's focus is on delivering excellent customer service together with the most transparent pricing structure in the market.
We therefore give every client a dedicated underwriter to handle the case.
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