Graham Nicoll

Aldermore Bank has unveiled its new Platinum Broker status for asset finance partners, an initiative designed to recognise and reward the highest-performing brokers across its Business Finance network. Find out more at: https://lnkd.in/epMt9T-n #Aldermore #AssetFinance #Brokers #PlatinumBrokerStatus #BusinessFinanceNetwork #Partnership

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We’re proud to share that both M&G Investments and Prudential Assurance Company (PAC) have successfully retained their signatory status to the Financial Reporting Council’s UK Stewardship Code 2020, the gold standard for stewardship in our industry.     Stewardship is a key lever we use to support positive change — driving long-term value for clients leading to sustainable benefits for the economy, the environment and society. In this blog, Laura O'Shea and Guy Rolfe, CFA share their Stewardship highlights from the last year: https://lnkd.in/edxSBPXX   The value of your investment can go down as well as up and so you might not get back the amount you put in. Your capital’s at risk.

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Specialists from our Corporate Finance team, led by Director Philippa Robinson and Manager Tom Lucas, have provided lead advisory services on the on the sale of Dorset-based Turnparts Engineering Limited to a private investor. Our team provided sell-side advice and full transaction support to the shareholders of Turnparts.   Established in 1980 in Wimborne, Dorset, Turnparts Engineering is a precision manufacturer with extensive capabilities with milling and turning. The private investor has industry experience and will work with Paragon Banking Group PLC who will continue their 20-year history of funding Turnparts Engineering under the new management.   Read the full story here: https://lnkd.in/eT4DZQft

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Paragon Bank’s Development Finance division has provided a £10 million revolving credit facility to support a luxury scheme in Ascot, developed by Beechcroft. Beechcroft is one of the UK’s leading retirement developers but the Ascot scheme, created by the company’s Special Projects division, will be available on the open market, with full time residency restricted to the over 16s. The scheme will deliver 27 high-quality apartments and nine houses, combining new-build homes with the sensitive renovation of a Grade II listed building within 13 acres of mature grounds. Construction is set to begin imminently, with the first homes expected to be ready for sale in Spring 2026. The scheme will include extensive communal gardens and a tennis court, with the newly-built residential units also featuring Beechcroft’s signature Healthihouse™ specification, designed to promote a living environment conducive to good health. Each new property will feature light switches and door handles with antimicrobial properties, non-porous worksurfaces with built-in protection to reduce bacterial growth, with bathrooms fitted with hygienic, easy-to-clean wall panelling. In addition, the new homes will benefit from a whole-house ventilation system that delivers filtered air while helping to reduce energy bills, alongside a kitchen water filtration system. Ascot high street and racecourse are less than a five-minute drive from the development, providing residents with a vibrant and varied choice of restaurants, coffee shops and convenience stores, with nearby villages Sunningdale offering a mainline station into London Waterloo, and Sunninghill providing a mix of pubs and cafes. This marks Paragon’s first funding deal in this sector, reflecting the bank’s strategic focus on diversifying its development finance portfolio. In recent years, Paragon has broadened its reach to support a wider range of residential asset classes, including Build-to-Rent (BTR) and Purpose-Built Student Accommodation (PBSA). Beechcroft, backed by the Carlyle Group, has earned a reputation as an esteemed, quality developer having completed over 75 schemes around the Home Counties and the Cotswolds since the business was founded in 1984. The Ascot development marks another milestone in the company’s commitment to creating exceptional homes in outstanding locations. Paragon’s funding package comprises a £10 million revolving credit facility, with additional funding agreed for a later living scheme by Beechcroft in Caversham, Reading. The deal was led by James Helmore, Relationship Director, and Megan Andreou, Portfolio Manager, at Paragon Bank. https://lnkd.in/eKZZMKfU

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