Magnet Capital
Property development finance lender for developers and brokers, funding ground-up, refurbishment and conversion projects
Highlights
- New on EvolcAdded 2026-10-31
About Magnet Capital
Magnet Capital is a specialist property development finance lender headquartered in London. Its lending products cover ground-up development finance, light refurbishment finance, heavy refurbishment finance and conversion development finance, including conversions of buildings into residential and mixed-use schemes in urban and rural locations.
Its customers are property developers and brokers. The company describes a process that starts with an initial project discussion and moves through an application, project review, loan offer, site visit by its valuer and monitoring surveyor, and staged release of funds during the build.
Magnet Capital was founded in 2018 by Ashley Ilsen and Sam Howard, who are listed as CEO and co-founders. The team includes sales, underwriting, operations and finance staff. The website states that the company has supported 150+ developers and that it was voted Best Service Provider three years running by Business Moneyfacts.
Product: Ground-up, light refurbishment, heavy refurbishment and conversion development finance loans for property projects.
Jobs at Magnet Capital
Leadership
- Ashley Ilsen · CEO & Co-FounderSource: company website
- Sam Howard · CEO & Co-FounderSource: company website
- Will Calito · Head of SalesSource: company website
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