Silver Oak Capital in the News
Posted by Silver Oak Capital on 21st June 2021 -
The brokerage focuses on arranging development finance and bridging loans along with residential and commercial mortgages in the UK and western Europe.
It was started by Jimmy Baillie (pictured above) in August last year, who claimed it will require more advisers to deal with the volumes it is currently handling.
Silver Oak focuses on loans between £2m and £20m and has a network of more than 300 lenders, including European and Middle Eastern banks, family offices, insurance companies and UK banks.
Its four key markets are London, Monaco, Dubai and Cape Town, while it aims to be a “conduit” for African, South African and Middle Eastern clients who want to be active in UK and western European real estate.
Jimmy has served in consultancy, associate and advisory roles at a range of businesses, including Knight Frank, Enness and Arc & Co and stated that this experience prepared him to launch his own company.
“I've always wanted to be my own man and walk my own path, so to speak.
“It was getting to the point where I’d worked for a couple of good brokerages, and I'd learnt a lot from every single one of them.
“…The natural next progression would be to set up, build and grow my own business.”
Jimmy believed that there was significant volume in the £2m–20m space and that Silver Oak could add value when there was some sort of hurdle to get over regarding a client’s loan requirements, including issues with titles.
“We will generally find a solution.”