But when the pair wanted to develop for themselves it was an existing link with Bricks that led to them financing their first building project. Dave and David had been contracted by Clive Banks for a project he was developing himself and it was through that partnership that discussions began on how to raise finance.
Dave takes up the story: “We had already bought a plot of land in Exeter and were planning to develop it. But it was the usual story with the banks – when you go to them for finance they want you to have a track record in developing before they will consider you. It’s a chicken and egg situation – you don’t have the track record because you don’t necessarily have the finance to start your projects. So it’s impossible to get started.”
David adds: “I had a couple of meetings with banks about lending us some money but it was hopeless. You feel like giving up.”
But, having got to know Clive through the established working partnership, it wasn’t long before they had decided to apply to Bricks formally for funding for their project – to build four two-bedroom semi-detached homes on the site of a former house and shop in Salters Road, Exeter. “It has been really easy from the start,” adds Dave. “Clive knows the development business himself and so he instantly understood what we were trying to achieve.
Dave concludes: “I’d really recommend Bricks Finance for anyone who needs to raise finance for their project. It has been easy and straightforward for us to arrange things and they do not want to keep pestering you about what is happening. They just allow you to get on and make things a success.”
Game, Set, Match!
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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