Case Study 2

Building on success

John Ward, a builder who specialises in developing retirement homes, apartments and housing across northern England and Wales, has been borrowing money from Helmsley for more than 10 years.

He believes that when it comes to finance, the biggest challenges that builders are faced with are credibility and finance. After positive reviews from a third party, John turned to Helmsley for help. He says: "Helmsley will take measured risks and understand the development process in detail, unlike a bank. I have stayed with them for such a long time because they are a well-respected and professional team, who I know I can trust."

Helmsley has helped finance a number of projects for John, including the development of three large homes in Wales, apartment developments in Chester and he was involved with them in the construction of a series of York apartments, all of which were exciting ventures. He says: "Although we have stories to tell about each of our projects, the York one was particularly memorable. We had to go out to Cyprus to secure the deal with the landowner. The meeting involved a trip up the mountains, risking life and limb I might add!"

As far as future work is concerned, John and his team have a busy time ahead. He says "We have a lot of future projects coming up, ranging from a £20 million hotel project in Lytham, to a £3.5 million apartment project in Bradford.

"Whatever work we're involved in, we know we can rely on Helmsley. We have genuine friends in the Group and consider this to be more than just a commercial relationship."