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‘Built to Last’ As Property Finance Lender Celebrates 45th Anniversary



More than 100 property professionals gathered to help an expanding finance lender in the sector celebrate its 45th anniversary.


MSP Capital invited clients, suppliers, partners, team members and prospects to an afternoon party at Scaplen’s Court in Poole, Dorset, near to its head office.


The theme was ‘Built to Last’, reflecting the importance of strong foundations and solid long-term strategy for both property development and overall business success. It was the latest in-person industry event hosted by the principal lender since Chief Executive Leigh Bartlett last year set a new loan book target of reaching £750 million by 2030.


Leigh said:

“Bringing together so many valued contacts in such a relaxed and enjoyable setting was a real pleasure. Forty-five years is quite a milestone. Events like these are about celebrating the connections that drive our business forward."

“All the suppliers who came along were local and we thank them for helping to make the day such a success. We look forward to many more events like this in the future as we continue to grow the strong relationships that underpin what we do best.”


MSP Capital’s longest-serving current employee, Commercial Director Adam Tovey, who joined in 2010, said:

“The original purpose of our firm was to help property developers access funds when they faced challenges raising capital elsewhere, from high street banks or other lenders."

“Forty-five years on, our blend of flexibility, agility, property insight and customer focus continues to help us grow. We work closely with developers, housebuilders, brokers and other property professionals and we’re increasingly operating on a national basis.”


Among the guests at the celebration was Duncan McCarthy of developer Nord Homes who has been an MSP Capital customer since 2007 when he was having difficulties sourcing funding elsewhere for a five-home development in Wimborne.


Duncan said:

“MSP Capital are easy to work with, and it is very helpful over the longer term when you see familiar faces who understand what you are trying to do and can help. They offer flexible terms and always find a way of making it work when banks are being more rigid.”

Also there was Nigel Price, Chairman of estate agent Goadsby Residential, who said: “MSP Capital are straightforward to work with, very professional and approachable.”


Guests were entertained by music from jazz band The Gershwin Gang and fun facts shared by compere Paul Kinvig.


Reflecting the ‘Built to Last’ theme, caterer Molecular Magic served canapes and desserts decorated inventively to resemble materials from the property sector such as concrete and wood. And in a further ‘Built to Last’ touch, saddler James Edwards from North Devon firm Acorn Saddlery was on hand to make offcut leather into coasters personalised for each guest with their initials using embossing tools.


Founded in Poole in 1981, MSP Capital has grown to employ a 60-strong team, all ‘property people’ irrespective of their department, with further appointments due this year. Having caught the attention of institutional investors, a controlling interest in the firm was sold to Cabot Square Capital in 2018.


Pollen Street Capital, Shawbrook Bank and the world’s largest bank, JP Morgan, are also funding partners, adding capacity to enable highly competitive lending rates across both development and bridging loan products.


MSP Capital is hosting a further anniversary celebration this month at Lockes Bar in Covent Garden, London, for around 50 brokers based in the Capital.


Photo: Chief Executive Leigh Bartlett addresses the audience at MSP Capital’s 45th anniversary celebration in Poole.

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The UK’s leading provider of commercial drones, Coptrz has announced a close partnership with Xer Technologies, the Swiss leading manufacturer of customisable, heavy-duty Unmanned Aerial Systems (UAS).


The partnership will see Leeds-based Coptrz become the exclusive distributor of the Xer X8 UAS in the UK, with its marketing focused mainly on infrastructure inspection, surveillance and search and rescue applications.


The Xer X8 has the ability to fly for 2.5 hours with a 3kg payload and can be used for beyond visible line of sight (BVLOS) operations. It can carry up to 7kg and handle adverse weather and wind.


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“Working alongside Coptrz allows us to get quick access to the UK market through an experienced and competent partner. With Coptrz’ experience and its reputation as a leading provider of commercial drones, they meet the high requirements we put on our collaboration partners. Our collaboration will open up the UK market to Xer X8 and its heavy-duty design, long flight time and long range BVLOS operations.”

Being involved with drones since 2011, Switzerland-based Xer works to create a safer, and more efficient and sustainable world through its heavy duty UAS. The company was an early pioneer in commercial drone flying, enabling its customers to generate actionable data insights.


Paul Luen, CEO and founder of Coptrz, which has grown from 2016 start-up to a £27million turnover business, added: “As part of our 360º drone solution offering, we work hard to build the right partnerships, with the right manufacturers at the right time. The quality of drones offered by Xer is second to none and offer the opportunity for growth across UK and European markets. We are thrilled to be working with the team to capitalise on this growth potential and to further strengthen our reputation as being the UK’s home of the latest drone technology.”


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