Development restores splendour of Lanelay Hall

By Bridging Loan Directory 5th February 2018

South Wales-based Edwards Investments is in the final stages of completing the multi-million-pound restoration of iconic Lanelay Hall in Pontyclun, thanks in part to the support of Signature Private Finance, the Cardiff-based short-term property finance company.

The Victorian mansion was acquired in November 2015 by local entrepreneur and property developer Dave Edwards, who was determined to breathe new life into the property with an alternative vision for its future.

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

Financing projects of this unique nature, in locations away from the big cities, requires the backing of property financiers who share the developers vision, which is why Edwards sought the support of principal-lender Signature Private Finance.

Tony Gilbertson, Signature CEO commented:

“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.”

Dave Edwards commented:

“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 concludes:

“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 unrivaled customer service, we are confident we will deliver.”