View more on these topics

Chesterton Humberts buys into Springtide Capital

Property consultant Chesterton Humberts has agreed to acquire a significant share in Springtide Capital, a mortgage advisory firm which specialises in arranging six and seven figure mortgages.

Springtide, which was founded in December 2004, will operate as Chesterton Humberts’ exclusive intermediary for mortgage referrals.

The Chesterton Humberts investment will enable Springtide to expand the company’s existing London and Edinburgh operations, whilst also developing the proposition into the South West and Midlands, through the Chesterton Humberts network of offices.

Robert Bartlett, CEO of Chesterton Humberts, says: “Springtide Capital provides an excellent service which has been of significant value, especially during a period of limited mortgage availability.

“The timely provision of mortgage offers is an essential part of a successful sales process and we see considerable value in expanding our relationship with a provider which offers such professional and competitve service.”

Henry Knight, managing director, Springtide Capital, says: “We have worked closely with several Chesterton Humberts branches over a number of years and we are delighted to be expanding our association with such a successful and respected partner.”
 

Recommended

Brokers should keep eye on macro picture

Landlord optimism is at its highest for almost four years. The National Landlord Association’s Landlord Optimism Index reveals around 65% of those questioned predicted the next three months would be good or very good.

Parents need cover for student homes

Accommodation in universities is always in demand, but this year requirements are so great that students at Ormskirk’s Edge Hill University in Merseyside have reportedly been shown around Pontins holiday camp as a place to live as the need for student halls has risen so sharply.

Newsletter

News and expert analysis straight to your inbox

Sign up