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Titlestone hits £1bn milestone

House-and-pound-coin-THUMB.gifResidential lending specialist Titlestone has passed £1bn in loan activity since its formation in 2012.

The business was established by parent OakTree Capital to serve the buy-to-let and smaller residential development market and is fully funded by the parent.

The company typically provides short-term loans of four years or less or the length of the development project. The business has extended 170 loans since its inception at an average size of £6m.

Clients that have turned to Titlestone for funding for residential development, student housing projects and redevelopments include Boultbee LDN, Galliard, Acorn, Thornsett and Renaissance.

Some 80% Titlestone’s activity is return business.

mike.cobb@estatesgazette.com

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