Short-term lender funds boutique B&B

Short-term lender funds boutique B&B

Signature Private Finance is supporting a multi-million-pound restoration of Lanelay Hall in Pontyclun.

The Victorian mansion was acquired in November 2015 by local entrepreneur and property developer Dave Edwards (pictured, right).

It is now a boutique B&B with 17 bedrooms, all individually designed with bespoke furniture, carpets and bathrooms. It is a location for leisure, pleasure and business, with a private members club soon to launch.

Tony Gilbertson (pictured, left), Signature CEO, said: “It is critical to projects like Lanelay Hall that short-term property financers like Signature, base lending decisions on experience and an understanding of the developer’s vision; not just figures on a spreadsheet.

“To help developers like Edwards Investments restore a property like this and achieve the breath-taking quality of design and attention to detail, we needed to walk the site and listen to what was being proposed.

“We had to see it for ourselves and witness Dave’s passion to create something extraordinary; which is what he has done. It was after one of our many visits that Dave suggested we open an office in Cardiff, citing the appetite for property development in the region.

“We listened, acted and in the year since opening, have appointed Chris Buttle as lending manager to the team in Cardiff, which is reporting a growing list of enquiries for our particular brand of short-term property finance. Who says lenders don’t listen?”

Edwards added: “It was refreshing to find a short-term property finance business prepared to look beyond the bald facts and understand my ambition to turn Lanelay Hall into a unique destination.

“We welcomed Tony and his team on site a number of times. Impressed with the transformation, Signature have delivered the financial support we need to complete the project and achieve the exceptional quality of finish that sets this hotel apart from anything in the region.”

Gilbertson said: “This was not a straightforward financing deal, but we work hard to find ways to lend, not turn deals down. When we combine this attitude with our low rates, no hidden charges and unrivalled customer service, we are confident we will deliver.”