J3 Advisory has launched, a London-based insurance and financial advisory firm for property developers.
The firm will advise on bridging loans, development finance, buy-to-let portfolio lending, as well as care and nursing home finance.
The company has been founded by three members of the London Belgravia Group, an insurance and risk management advice firm for developers and investors.
Jack Bristow, managing director and co-founder, said: “Every development site is different and so requires different types of funding and different insurance solutions, but far too often they are treated the same.
“We aim to take an individual look at each project, finding funding and insurance solutions for each site on its own merits, rather than going to the same provider each time.
“Through this we can help developers maximise a site’s potential by getting the right finance in place and then protect them by having the right warranty in place.
“By acting as an extension to the developer’s business and providing highly professional advice we will enable our clients to claw back time and provide them with peace of mind.”
The firm said its key aim is to seamlessly link up the worlds of insurance and finance.
On the insurance side it will give advice on new build warranty insurance, conversation warranties, commercial latent defects, social housing warranties, retrospective warranties, receivership warranties and self-build warranties.
Johnny Leadsom, director and co-founder, said: “We wanted to offer property professionals a true, whole of market option when selecting their building warranties, especially when it comes to social housing considerations.
“All of our initial conversations with developers have been very positive. We are looking forward to supporting and enabling regional developers, SMEs and property professionals across the country to make better decisions, faster.”