The house in Beaconsfield, Buckinghamshire, is less than two months away from practical completion, with an expected sale price in excess of £3.25m.

Developer Titan London Estates was led by developer manager Halamar Developments, which specialises in high-end executive properties in Beaconsfield.

•   Avamore publishes its first industry report
•   Avamore Capital expands internal team
•   Century Capital completes five deals in the first week of January

The deal was introduced by Peter MacAllan from Development Capital Solutions Limited who praised how Avamore handled the transaction from start to finish. 

 “[It was] great to pair up a strong developer sponsor with such a reliable, flexible and competitive funder.”

Michael Dean, principal at Avamore (pictured above), added: “It has been great to work with Titan-Halamar and Development Capital Solutions on this deal; the conduct and professionalism of all parties was exceptional.

“In a market where people are shying away from ultra-high-end properties, it is encouraging to see that Halamar is sticking to the type of projects [it knows] best. 

“We aren’t afraid of lending against high-value units, so long as the attachment point makes sense and the market for that product is liquid, like Beaconsfield. 

“After introducing our new rates, it is great to see that we’ve already been able to work with a larger proportion of the market. 

“We look forward to building relationships with similar borrowers.”

Teacher Stern acted on behalf of Avamore while Ashworth’s Solicitors represented Titan London Estates with Savills conducting the valuations.