For many years Russ, his brother and mother had owned two shack-like beachside homes at Maenporth which went under the apt names of The Nook and The Cranny. But they were barely habitable (even though Russ DID live in them for a number of years). When the family wanted to change the ownership structure, Russ saw the opportunity to build himself his own dream home.
That home is a stunning three-storey, modern looking, environmentally-friendly house with glass and wood finish to the fore, situated a literal stone’s thrown from the beach. Turning vision into reality meant overcoming a few hurdles though, not least the financing of the project.
“It’s not an easy sell to a traditional lender,” explains Russ. “There was the ownership complication, with land needing to be sold off among our family and me than taking on the ownership of the site and building on it. Plus, there were a few changes of plans along the way. It wasn’t that I didn’t have the means to borrow the money … it was just that the traditional ways of applying for lending were never going to stack up on this one.”
That’s where Bricks Finance came in. Russ had approached a Cornish mortgage broker to see if he knew of a way of borrowing to finance the project and he had contact with Bricks. “I was put onto Clive Banks as a possible way to borrow the money and it has been an absolute pleasure dealing with him and working with Bricks,” says Russ. “It’s great working with people who have a feel for these kinds of projects and know what is involved. They couldn’t have been more helpful and it has been an extremely simple process to apply for the loan and the money is easy to draw down on.”
For Russ and his family, the financing has allowed them to realise the long-held dream of turning this corner of Cornwall into their permanent home. And with no stone unturned in terms of making sure the build is as environmentally friendly as possible, it means the project has a lifespan that will ensure it is there for generations to come – continuing the Wood family’s involvement with the area.
Russ concludes: “It’s been a long time coming, but now it is becoming a reality I am so pleased we have made it work. Bricks have given me the support I needed to do this and I am ploughing ahead now with making something happen which has been in my head for about ten years. I couldn’t be happier to see it going up before my very eyes.”
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Experience, standing by you
Founded in 2014 with over 90 years of combined property, finance and legal expertise, the Bricks Finance team help local people to access finance easily and quickly by offering bespoke lending using their own funds as well as those from investors.
founder and investor
founder and investor
founder and investor
What our customers say
Thank you for partnering with us on this project. It's been great to have had a knowledgeable funder who understood the project and allowed us to get on with doing what we do."
John & Sam, Property Development
I wanted a reasonable fixed rate of return with low risk. I like the way my money is combined with money from the other investors, the founders and their families to diversify the risk and to make loans in the South West."
Mrs B, Lyme Regis
It has been fantastic working with you all and we’ve appreciated your advice, support and efficiency throughout."
Vicki and Peter, Property Development
I invested because I trust the people behind Bricks and they are able to give me a much better rate of return than my bank. I like their business model and the way they focus on providing support for local businesses in the region which they know and understand.”
Mr R, Senior Partner with a Global Law Firm
I invested in Bricks over four years ago and have increased my investment several times since. The fixed rate of return is far better than anything available with the high street banks and I like to see where my money is being invested."
Mr A, Exeter
I love the fact that my money is being used constructively on projects throughout the South West and that I can see the tangible benefits that Bricks offers to both borrowers and investors."
We became investors in 2019 and invested more this year because we get a far better rate of interest and regular interest payments.”
Jeff and Karen, Exeter
Congratulations for the help you are giving to West Country businesses and your good stewardship of the investment funds.”
Peter and Gillian, Devon
The final part of my land assembly purchase has now completed. You made the whole financing aspect so easy from start to finish. Thank you all so much."
Ady, Loan For Land
I'm so happy and want to thank you with all my heart - you have enabled me to buy the property of my dreams!"
Chloe, Property Loan
We cannot thank you enough for helping get this over the line and the life-changing opportunities that are now on the horizon"
Jill, Property Finance
Thank you again so much for being completely brilliant. Thank goodness there are people like you, Clive, Will, Jerry and Lyn out there."
Tracey, Home Finance
Personally, I found the service from Bricks 11/10 in every aspect, and I would highly recommend."
Oli, Property Developer
Thank you so much for everything you have done to help us secure this purchase. We are finally looking forward to a good night's sleep now!"
Stuart and Emma, Dream Home Purchase
This would not have been possible without your support and faith in us to deliver the project. Bricks Finance took the time to understand it. It has made an amazing difference to our lives."
Nick, Solar Energy Park
This is our second deal and again we have achieved the first drawdown within 6 weeks from start to finish which is impressive!"
Richard, Finance Broker
Being able to purchase the site would not have been possible without the backing of Bricks."
Darren, Land Purchase
Bricks have given me the support I needed to do this. I couldn’t be happier to see it going up before my very eyes."
Russ, Beach House Development
When the guys from Bricks say they are going to back you they do, and it has been a real pleasure partnering with them on this project."
Matt, Property Development
I was really pleased with how quickly I had access to finance. I would recommend them to anyone looking to raise finance."
Jon, Property Development