Don't Just Take Our Word For It
It was a pleasure working with Richmond securities.
It was low stress, they always communicated clearly and they were easy to get hold of. Plus, the rates were low (for a first time builder).
Key points were:
- Finding affordable credit for a first time project
- Finding finance quickly
- No upfront fees and reasonable fees
- Excellent communication all the way- always had someone on the end of a phone to answer questions
- Pro-active approach in requesting documents etc
- They allowed us to increase our loan (get a second one) after we decided to speed up our project
- They were flexible with repayment terms
- They extended the due date when we looked like missing i
They look to support the borrower so that we borrow again and so we recommend them to others. It’s win win.
We thoroughly recommend Richmond.
Bobby Maheru, Managing Director, Woden Living, Low Energy Homes Developer.
I have long since desired a business lender who would be proactive and on-side exactly when I wished them to be; one I could trust to lend me the funds for my developments as and when I needed them; to respond speedily to project proposals in an attentive, positive manner; and not to insist on heaping extra unwanted fees thereby taking advantage of the customer.
Also I craved a lender who would respect my longstanding experience and project management skills, meaning that I counted for something more to them than a human cashpoint.
….It seems clear to me that very swiftly we have built meaningful trust and a solid business understanding. I anticipate approaching Richmond Securities first on all my future projects, with a view to remaining with them indefinitely.
JJ, Developer, Yorkshire
When I first spoke to Paul at Richmond securities it was with great caution but also as a last resort. The reason for this was that I’d had endless dealings with brokers who promised the world but delivered nothing other than an invoice for their up-front fees.
Paul listened to my proposal and asked some probing questions, nothing like I’d been asked before but made logical sense. Why hadn’t I been asked before about the services on site? Or what experience I had in the building industry? Then I realized there was a reason – this bloke was genuinely interested in putting a deal together! I found the process easy and straightforward with no hidden surprises.
On my first deal I remember cautiously asking for the first drawdown and was still expecting something to go wrong. I needn’t have worried; the money was in my account within an hour!
Paul is flexible, approachable, helpful and most importantly honest. I’m on my third deal now and haven’t looked back.
Steve Rumbelow – FMB Member and Managing Director, Creative Stone Construction Ltd.
We at AKSESS Ltd, a firm of Structural Engineers, have been working very closely with Richmond Securities since 2009 providing them with our services which include initial feasibility/technical reports, stage inspections and reporting on progress and quality of the work for stage release of the loan moneys to the developers.
This entails providing them with advice and consultations on the technical aspects of the projects and the reviewing of the planning and building regulations conditions.
We work very closely with both Paul Newsham and his borrowers to ensure the risks are minimised to either party throughout life of the project.
We have been involved in projects of various sizes and values and have found the developers to be extremely happy with Paul’s flexible approach to their financial requirements.
Many of RS clients have told us that they could not have progressed the work without the help from Paul. They generally have similar impressions of Paul and RS: professional, friendly, efficient, responsive, helpful and flexible.
Aziz Kochek CEng MICE – Managing Director, AKSESS Ltd.
RP&P Management Ltd (Building Surveyors and Health & Safety Consultants) has worked with Richmond Securities for over 5 years, providing feasibility and progress reports on projects being developed by small to medium sized contractors and developers throughout England and Wales.
Our inspections are undertaken prior to commencement of building works, as well as during the construction process, and include a review of the planning and building regulation conditions, warranty and any issues relating to development of the site itself.
We have found that Richmond Securities provide a quick and responsive development finance service to their Clients, many of which are repeat customers. We work in partnership with Richmond Securities and their Clients to help grow and build their businesses
Stephen Crowther – RP&P Management Limited
I have known Paul Newsham for a number of years and the service I have had is second to none, if he says he will fund a project he will see it through to the end, no matter how difficult the case may become. I would have no hesitation in recommending him and his company for any development projects .
Paul Steel – Sterling Knight
I am just in the process of completing a development of 2 detached houses in Blackpool, and have financed the build through Paul at Richmond Securities.
I am pleasantly surprised at how easy the process has been, Paul is very ‘hands on’ in the process and is clearly the type of person who makes things happen as opposed to many in the finance industry who tend to let things happen.. This is because he is aware of the importance of cashflow to any project.
Paul is always available to talk to and the team he has around him seem very competent.
All valuation payments have been made on time, within 7 days of valuation as agreed.
I have personally recommended Richmond Securities to 2 small builder/developers similar to myself and wouldn’t hesitate to recommend to anyone.
I look forward to using Paul to fund my next development in the near future.
Steve Whittaker – Blackpool
I would like to thank you for your assistance in a difficult financial climate trying to raise construction and development finance.
From the outset everything has run smooth and payment has been prompt following each valuation.
When the agreed term ended, your assistance in extending the period and renegotiating the reduced fees was much appreciated.
Mark Jervis – Tyldesley, Manchester
I have always found Richmond Securities to be a lender that wants to do business.
The service and response times are excellent, and I always get a reply that allows me to let the client know whether a deal can be done.
Richmond’s process is smooth and uncomplicated, which again helps both broker and client feel comfortable that a case is progressing to a successful conclusion.
I feel confident in recommending Richmond to clients, as they have always acted in a professional manner and have done what they said they were going to.
As a broker who lives by referrals, this is crucial to the credibility and success of my business.
Chris Murphy – CG Finance, Liverpool
No-one else does more to keep a development deal together and get it to completion.
Loman O’Neill – The Commercial Mortgage Desk
We have used Richmond Securities over the last 18 months and have been very impressed at the level of service received.
Richmond Securities have provided the funding for our latest development and have done so in a straight forward and professional manner with the minimum of fuss.
Previously we have worked with majority of the major high street banks and have found that working Richmond Securities has cut out a lot of the laborious processes that we had to go through.
Paul Newsham has always been available, either by phone or email and has always been helpful with his responses.
We look forward to working again with Richmond Securities on our future projects and without hesitation would recommend this professional organisation to others.
Thanks Paul for all your help.
Having tried to source funding for my building project , it proved impossible from mainstream lenders. At one point I thought I would have to abandon this project, so I looked on the internet and came across Richmond Securities who seemed to fit my criteria.
My first impression when I contacted them was of a very positive attitude towards my project, this was markedly different than all the other financial company`s I had contacted and a welcome relief.
We had a quite a few legal problems with this site but Paul Newsham stuck with it all the way and I am grateful for his courtesy, expertise and encouragement that he gave me, I look forward to my future projects in the knowledge I have Richmond Securities with me.
I would like to take this opportunity to thank you for the funding you have arranged for our Development in Bradley Village Stoke-On-Trent.
I’m very impressed at the value of service we are receiving from Richmond Securities regarding Draw downs and the facilities you have provided to us.
keep up the good work, Paul.
Pandora Developments Ltd.- Stoke on Trent
Richmond Securities provided the necessary funding to facilitate the construction build of our prestigious, 4 unit executive five bedroom property development, at Crawley Down, West Sussex.
All the necessary requirements needed to put the finance into place, were explained and undertaken in an extremely helpful and professional manor. We would not hesitate to recommend their services, and very much look forward to our next development/finance partnership project.
I have known of Paul Newsham since 2005 regarding finance that I have required through his services, for projects that I have achieved with success.
I have always found Paul Newsham/ Richmond financial Services of great help and one in particular the speed in having funds at my disposal in order for me to proceed with my projects over the years has been second to none.
This in itself is positive in helping me achieve my goals in life and in line with my business plans.
I would recommend that if you are straight with Paul and always maintain good communication that he will go out of his way to help you and make sure that your plans on lifes Journey on the road to success that some of have decided to have in our goals of life will be understood and achieved.
Liam Verstraeten – Isle of Wight
I have found Richmond Securities an excellent company to deal with.
They have a no nonsense, old fashioned approach to lending. Paul is always available to speak to, e mails are answered promptly and decisions are reached without delay.
This is the first project in which Richmond Securities have been involved and I have nothing but praise for their understanding of the requirements of my business.
David Whittle – Roadside Farm, Alston, Preston
Richmond Securities have provided a service that is both professional and flexible. This has facilitated the smooth financial operation of the project, with funds being made available immediately following interim inspections and approvals.
The initial contract agreement stage was a little protracted, but it was very much worth the effort.
Overall, I am very pleased with the service and I would certainly use RS again, subject to them remaining competitive on rates.
Barrie Pope – Bexhill on Sea Link to project page
I found your services very Honest, Professional, Prompt and Fair.
There was no hidden costs or surprises through-out the entire agreement and you delivered on behalf of Richmond Security exactly what I was hoping to receive.
I was extremely worried at first with all the nasty stories you hear about this type of arrangement but I am very pleased to say even when I did run in to difficulties, you continued your support and we managed to complete our agreement satisfactorily.
As for cost of the program, it is what it is. As a businessman I did my maths, it worked for me and as you know I am working on the next project.
I thank you for you once again and look forward to do more business in the near future.
Reza Tabatabai – Halesowen
I would like to thank Richmond Securities for helping me raise Development funding for my latest Project, I was very impressed by their no nonsense approach to lending and their rates.
They gave me a quick decision regarding lending in the initial stages and have been excellent with Stage payments during my Development. I highly recommend their Services for lending and Bridging Loans.
Trevor Staniland – Sheffield
I have dealt with Richmond Securities for some 10 years and completed on four deals. I have found Paul Newsham (proprietor) professional, helpful, easy to contact and always communicates quickly with news.
Most importantly he understands people and the commercial and residential property World.
He is diligent, with papers to fill in and sign and that was invaluable to me not being the most administratively dynamic and you always get “The bottom Line” never any stalling or bravado.
I have no hesitation in recommending Richmond Securities.