Assetz Capital sets £2bn target with appointment of new chief commercial officer




Assetz Capital has promoted Andrew Fraser (pictured above) to chief commercial officer, as it sets its sights on reaching £2bn in lending.

Andrew brings over 20 years of property lending experience to the position, including more than six years at Assetz after joining the company from Santander UK.

The firm has lent £1.7bn across developers and SMEs — including delivering a £13.3m PBSA scheme in Nottingham — its largest deal to date.

Assetz recently announced its institutionally funded lending strategy and move away from retail funding, while increasing its scope to include property backed loans from £1m to £50m.


“We want to hear directly from regional housebuilders wanting to fund their next site and experienced property advisors/brokers wanting certainty of delivery of funding for their clients,” said Andrew.

“Our absolute focus is customer delivery with a common-sense approach to lending,” he continued.

Andrew Charnley, managing director at Assetz, added: “With the £2bn milestone now rapidly approaching and our model focusing on larger loans, […] we are continuing to build on our reputation.

“Our focus this year and beyond will be continuing to work with institutional partners, allowing Andrew and our origination team to drive continued loan book growth nationally.”

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