Michael Stern Profile of a property developerNovember 10, 2020
Who is Fred Done ?November 12, 2020
What is Goldentree Financial Services PLC ? Golden tree is a private business that has a lot of private cash and that lends it out on a short-term basis to entrepreneurs and property developers and property investors.
When was the company formed ?
Who owns the business ?
It is owned by Fred Done who founded Betfred which is a gambling company.
What is their business idea ?
They take the money they make from gambling and lend it out on the short-term to people who want to invest in property.
What is the company details ?
It can be found here at companies house
Where are they based ?
- It is a pool of private money so they can lend quickly and to whoever they like
- Fast decisions
- They claim to work in property development themselves so they can understand your property venture from your point of view
What types of finance do they offer ?
Development finance including
- residential development
- commercial development
- residential bridging loan
- commercial bridging loan
- land loan
- vat bridge
- refurbishment loans
What fees are being charged ?
- Legal / Security Document Fee Per Property
- Legal fees
- Other Fees
- Client visit fee
- Re-issue Offer Letter
- Variation fee(minimum)
- Redemption statement
- Duplicate statement
- Insurance management per renewal
- Security release
- Deed of release
- Execution of / consent to legal document
- Deed of priority / postponement
- Consent to lease
- CHAPS payment fee
- Bank transfer fee
- 3rd Party payment
- Unpaid Cheque Fee
- Late payment fee
- Formal demand
- Valuation and Quantity Surveying fees vary according to the size of the transaction and are therefore negotiated on a deal by deal basis.
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