Magnet Capital Reviews 70

Will Calito was very responsive and helpful with the latest completion we have had with Magnet. Will provided an outstanding service, which helped us complete a good development deal.

It was my first experience to use Magnet. The process was very simple and easy. I would recommend every one use them atleast once

Rolls-Royce service from a very helpful team.

Had a terrible experience with Magnet capital , heres a break down of my expences i had to pay to try and get a loan with them, £2000 fee for their work upfront, and additional £2000 would be payable when the loan was paid, £2400 for their surveyor to look at the house and write a report, £1600 for their solicitor fees, £2400 for my solicitor legal fees, after 3 months and over 100 emails being sent back and forward we gave up and did it ourselves, my opinion is to avoid this company
i'm sure Magnet will write a reply saying this is not the case and i was wrong etc... just stating my experience.

Will Calito is the best BDM he gets involved in cases and makes sure that they complete

From the first meeting to the end of the property development Magnet capital are highly professional throughout. Sam, Debra and the team are very helpful throughout the process and are always there to answer questions. We will certainly be working together in the future.

i've known the directors for a considerable amount of time, and I have always talked about proffesionalism and easy to deal with approach. Clients has a unique site which had grounds suitable for accomodation and this is where Magnet Capital came in

I would like to record my thanks to Brian Kerr and the Magnet Capital team. They have been a pleasure to work with in handling our enquiry on behalf of our clients who have expressed delight at the interactions. They look forward to a successful project, adding to their property portfolio with, hopefully, more to come.

Will, what a guy! Cannot explain how much he goes above & beyond. Unlike any other lenders we deal with dare i say it.
He is always on it, speedy reply times, so so knowledgeable, seals the deals, confident, trust worthy.
Will is our go to first and foremost.

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 and work through each drawdown was impeccable. The ability to pick up the phone and talk to the team directly was a breath of fresh air compared to most financial service products nowadays.

Will partner with them again.

We are a small developer in Essex in which Magnet supported us with finance on a small development of 4 houses last year.
The service we experienced through this development was of very high standard and we feel a great working relationship is being formed so we are now on to our second development with Magnet Capital.
I can highly recommend this company for finance.

I can’t praise Magnet Capital enough for their friendliness and being helpful to a small developer like me.
They have assisted me with my small development loan throughout the development process and in particular towards the project’s completion where help was needed most. Thank you.

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, the risk was very low, but still they declined to lend.

Magnet Capital took a common sense approach view the the locally listed situation and correctly lent to my client and I found that flexibility and discretion a breath of fresh air.

I had a part of my garden, an old orchard , that offered an ideal opportunity to build a property. I was introduced to Magnet Capital by a third party having failed to secure any funding through the conventional routes of building societies / banks etc. Throughout the entire process Magnet Capital has provided an excellent service and I have to say great support in what has been a difficult two years in the property building business with material costs literally going through the roof ( apologies for the pun ) Following assessments by their surveyor stage payments were made immediately and I was very grateful for an increase in the loan facility towards the end of the project as a result of escalating costs. Debra , at Magnet , kept in regular contact with me and I felt that the trust we built working together really added to the relationship and the successful outcome of the project Many thanks to all at Magnet Capital

Ashley and the team were so diligent and flexible in their approach as well as so helpful in making sure everyone was happy, well informed and comfortable. Highly recommend.

Ash and everyone at Magnet Capital are so helpful. As broker myself I found them a pleasure to work with, would definitely recommend to my own clients in the future.

I have used Magnet on several occasions and never get anything less than consummate professionalism. Ash has an unrivaled understanding of the property development world and worked with us tirelessly to deliver our projects through complications outside of anyones control. I couldnt recommend Magnet more highly.

From the first introduction to Magnet all the way through to exiting the facility on this first project has been very straightforward. Their flexible approach and ability to tailor their offering to what the client actually needs is key for property developers, something that is largely not offered by others. Terms are clear and easy to understand; correspondence is answered within a matter of hours usually. We are now repeat clients and have an excellent relationship with them.

As a broker, Magnet have been a pleasure to deal with. They have a common sense approach, and what they say they are going to do, they do

In 2019 my partner and I bought a plot of land for development. It was a gamble, and took almost every penny we had. We were both self-employed, so too far outside convention for other rather uncompromising lenders.

Sam Howard and the team at Magnet Capital were recommended to us, and with no exaggeration I can say that they changed the course of our lives.

We built and sold the resulting 3,000sq ft development despite many personal challenges, AND the Covid-19 pandemic. Not once did we have to wait longer than 48 hours for a stage payment, which was so important when managing so many supplier relationships in such turbulent times.