Magnet Capital Reviews 

70
TrustScore 4.5 out of 5

4.5

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Rated 5 out of 5 stars

Magnet provide a real human element to development finance. They understood our project front to back and helped to structure a loan that fit our needs. The turnaround time to approve the loan an... See more

Rated 5 out of 5 stars

What an absolute pleasure it was to work with Magnet Capital. We’ve been delighted with their work and commitment to our development, giving such a smooth and enjoyable process from start to finish. A... See more

Rated 5 out of 5 stars

We have been delighted with the whole process of being fully funsed by Magnet. A truly professional and super helpful team. We were desperate to start our 4th family project and had been incredibly le... See more

Rated 5 out of 5 stars

I am a broker. I tried to place a case with an alternative provider. All was going well but the underwriters felt uncomfortable to lend due to the building being 'Locally listed'. In reality, th... See more

Company details

  1. Non-Bank Financial Service

Written by the company

Magnet Capital is a principal lender of property development finance in the UK and Wales. Every development project is different and our funding is tailored accordingly.


Contact info

4.5

Excellent

TrustScore 4.5 out of 5

70 reviews

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4.5

All reviews

(70)

1 review in the last 12 months

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Rated 5 out of 5 stars

I completed my first deal today with…

I completed my first deal today with Magnet Capital. I don't tend to leave reviews but in this instance, it is well deserved.

With the current situation I've had issues, and been let down, by some of the lenders I usually use.

Ashley, Sam and the team worked with me every step of the way. They were quick, responsive and knowledgable.

They really helped me out and their experience in the development space made them much easier to deal with than some of the lenders I had been using.

I'll be coming back again. If you guy's read this thanks again, I appreciate your help with everything. R

September 14, 2020
Unprompted review
Rated 5 out of 5 stars

Brilliant service from start to finish!

We have been delighted with the whole process of being fully funsed by Magnet. A truly professional and super helpful team. We were desperate to start our 4th family project and had been incredibly let down by other lenders. Magnet stepped in and swiftly put all our concerns and worries to rest. We would not hesitate to highly recommend them to fund any development. Both Magnet, and our project have exceeded all expectations! Ashley and Sam were particularly helpful in going the extra mile for us during our build, especially all through the doom and gloomy days mid pandemic!

September 10, 2020
Unprompted review
Rated 5 out of 5 stars

Ashley and his team have been essential…

Ashley and his team have been essential in helping our first development become a reality. They have offered round the clock help, financial support and even give us advice on future developments we have in the pipeline. I couldn’t recommend them more.

September 9, 2020
Unprompted review
Rated 5 out of 5 stars

Just Completed my second development…

Just Completed my second development with Ashley, Sam and Debra.
Seamless experience again, its refreshing to deal with such a proactive and understanding team. The high street banks could learn a lesson or two from these guys. I wouldn't hesitate in recommending Magnet Capital for development Finance, and look forward to doing my next development with them.

September 9, 2020
Unprompted review
Rated 5 out of 5 stars

Transparent and consistent

They publish their lending criteria clearly, and stick to it, dealing with proposals and information and documentation on the day it's submitted to them. An excellent service so far.

September 9, 2020
Unprompted review
Rated 5 out of 5 stars

Magnet offer an excellent service

Magnet offer an excellent service, listen to their borrowers and introducers and truly understand the flexibility required in development finance. We really enjoy working with the team and look forward to introducing a lot more opportunities in future.

July 2, 2020
Unprompted review
Rated 5 out of 5 stars

We highly recommend Magnet Capital

We've used Magnet Capital for several developments now and their attention to keeping you updated throughout the whole process is amazing and very personal. Building relationships in this business is key and Magnet have always tried to do that little bit more to assist us with additional funding allowing us to do more developments with our capital.

June 30, 2020
Unprompted review
Rated 5 out of 5 stars

This was our first development as a…

This was our first development as a company so we were delighted to find Magnet Capital. The whole experience from the first meeting to getting the loan approved was made easy by Sam, Ashley and Debra's approach. Towards the end of the project, we needed some additional funds due to a delay in a VAT refund and this was agreed over a quick 5 minute call with Sam. We will definitely use Magnet Capital on our next project.

January 29, 2020
Unprompted review
Rated 5 out of 5 stars

Ashley was quick to assess the initial…

Ashley was quick to assess the initial proposal and understand the rather complicated borrowers residential status. A swift turnaround was required and delivered, given the circumstances. Great job, and i look forward to doing more business with Magnet.

January 3, 2020
Unprompted review
Rated 5 out of 5 stars

Outstanding Lenders

Ashley, Sam and the team at Magnet have provided superb support for my client in a development deal with a number of challenges. They have been proactive, flexible and solution-orientated. From joining us on site to concluding the deal at their offices Magnet have been incredibly clear about their process and, importantly, once they indicated their intention to fund the deal have not once wavered in their support. The clients have been extremely impressed and as a result Magnet have built a relationship for the long term

August 9, 2019
Unprompted review
Rated 5 out of 5 stars

We would not use anyone else.

We would not use anyone else.

We have used Magnet for our first project of building a large detached house. Team at Magnet provide an excellent service with a personal touch. It is nice to be able to meet face to face with whom you work with. We have always felt that Magnet was part of our team and always been able to pick the phone up and speak to Debra, Sam, Jeremy or Ashley on what ever we needed or just to have a chat. Finance works well for us stage payments are released almost instantly after valuations. During the project build phases we talk to Magnet on regular basis. This may be for an update on the project or need for advice as they have invaluable experience in the property development sector. We are about to work with Magnet on our next project of building 2 luxury homes to start in September October 2019. Looking forward to working with magnet for many years to come. Thanks guys you are amasing.

July 5, 2019
Unprompted review
Rated 5 out of 5 stars

Friendly, Efficient and Fast Service

I’ve used Magnet (formerly Regentsmead) for 2 developments now, about to commence my 3rd with them. Sam, Ashley, Jeremy and Debra have always been extremely helpful, reassuring and fantastic to work with. Nothing is too much trouble for them and decisions have always been made very quickly. Stage releases come out within hours of inspection ensuring the development progresses quickly. I highly recommend them to anyone considering obtaining development finance.

June 26, 2019
Unprompted review

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