The £1bn has been spread across 95 UK transactions in a broad variety of sectors, both residential and commercial, and has been achieved with no defaults and 41 redemptions totalling £385m. 75% of this lending total has been achieved since March 2020.
ASK has reached £1bn in completed transactions.
Daniel Austin, CEO and Co-founder at ASK said,
“Everyone in the ASK team is very proud to have reached this significant milestone. We have built strong momentum and have navigated the challenging economic environment with a cautious approach. Our unique funding structure of high net worth investors and private family offices means we do not race to deploy funds, allowing us to carefully select the opportunities which will bring the best risk-adjusted returns. We will continue to set ambitious yet achievable targets for our future growth believing that the property sector has shown resilience in what remains a turbulent market.”