We use cookies to give you the best possible experience on our website. If you continue without changing your settings, we'll assume that you're happy to receive all the cookies on our website. However, you can change your cookie settings at any time.

Your Privacy

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalised web experience.

Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

(Req)

These cookies are strictly necessary for the Website to work properly and for us to keep it secure. They are needed to allow users to use the Website and its features, including to move between pages of the website.

These cookies are required

Performance and analytical cookies

These cookies allow us to collect certain information about how a user navigates the Website. These cookies collect information that is used either in aggregate form to help us understand how our site is being used or how effective are marketing campaigns are, or to help us personalise our site for you. We use Google analytics and Bing 1st party cookies, Google Marketing Platform cookies and Hotjar cookies for reporting purposes.

Cookie Name Purpose More information
Google Marketing Platform Cookies _ide, _nid, _sid, _dsid, _flc, _aid, _taid These are 3rd party cookies served by Google Marketing Platform. They serve adverts to visitors based on the websites they've been to previously. Click here for more information about Google Marketing Platform and how to disable this cookie.
Facebook   Personalise and provide products via Facebook marketing. Click here for more information about Facebook cookies.
Flash Taking   These are 3rd party cookies served by Flash Taking. They serve adverts to visitors based on the websites they've been to previously. Click here for more information about Flash Taking and how to disable this cookie.
Google Analytics _utm(x), _ga(x), _gid, amp_token These cookies are used to collect information about how visitors use our website. They keep track of when a visitor enters and leaves the website and any search engines and keywords that are used, including any personal and/or sensitive data. Click here for more information about Google Analytics cookies.
Google Optimize _gaexp, _opt_awcid, _opt_awmid, _opt_awgid, _opt_awkid, _opt_utmc These cookies are used to target content variants to users as part of website experiments. Click here for more information about Google Optimize cookies.
Bing mui(x), _uet(x) Remarketing script and conversion tracking Click here for more information about Bings Ads and how to disable this cookie.
Hotjar _hj(x) These cookies are used to record anonymous videos about how visitors use our website. They keep track of how visitors engage with pages on our website. Click here for more information about Hotjar and how to disable this cookie.
ResponseTap   These are 3rd party cookies served by ResponseTap. They serve incoming phone numbers to visitors to allow call volume tracking. Click here for more information about Response Tap cookies.
The Trade Desk   These are 3rd party cookies served by The trade desk. They serve adverts to visitors based on the websites they've been to previously. Click here for more information about trade desk and how to disable this cookie.

Marketing cookies

These cookies are used to make advertising messages more relevant to you. We may use this data to tailor the marketing and ads you see on our own and other websites and mobile apps, including social media.

‘Happy holiday home’: five-day funding for stunning seaside cottage

05 March 2021

A property investor seized the opportunity to buy the family seaside cottage where he spent his childhood holidays with a £557,000 short-term loan from Together.

Mathew Rees, 41, was able to buy his “ideal” holiday home, in St Ives, Cornwall, which was previously owned by his parents and where he’d stayed during holidays since he was three years old.

The dad-of-three, of Wilmslow, said his parents had sold the three-bedroom cottage, called Sandy Feet, a decade ago. However, he saw the quaint seafront townhouse had come back on the market when an estate agents’ advert popped up while his mum was browsing the internet.

Mr Rees said: “The reason they bought it in the first place is that my dad grew up in St Ives, living opposite the cottage, and I was heartbroken when I found out they’d sold it.

“My mum had been looking on Google when she was spending Christmas at my house and recognised a picture of their old cottage, which was really a second home for the whole family.

“I had a look and saw it was an estate agents advert saying it was for sale, so I immediately emailed the agent to see if it was still on the market.”

He was told the three-storey cottage was under offer but the agent contacted Mr Rees last month to say that, if he wanted to make a counter offer, the finance would have to be in place in five days – or he would lose the chance to buy it.

As the director of Manchester property company, St Mawes Estates, and CEO of London-based mortgage network, Beneficial, Mr Rees has worked closely with Together in the past.

He said: “I contacted the commercial CEO, Marc Goldberg, to find out whether I could get the finance in time and after carefully considering my position, agreed to release the funds. Five days later I completed on the property.”

The specialist lender agreed a 12-month commercial bridging loan of £557,000, secured against the Cornish holiday property, and two houses and an office in Manchester, which Mr Rees owns.

He plans to run the cottage as a commercial holiday let, as well as visiting with his partner, who is expecting their fourth child, and his three other children, aged 14, 11, and one.

Mr Rees said: “It holds great sentimental value for me, so it was amazing that Together was able to provide the money I needed to buy it in such a short timescale.

“It’s where my dad grew up, I’ve been on holiday there every year since I was three, and I’ve taken my own family there many times, so would’ve been heartbroken if I’d have missed the opportunity to buy it. Now me and my family plan to spend as much time there as we can.”

Marc Goldberg said: “We’re delighted of being able to help Mr Rees realise his ambition of buying the cottage which has provided so many happy memories for him over the years. It’s a wonderful place, right next to the beach in St Ives, and we’re glad he can take his own family there on holidays in the future.”


Share

Picture of a three story holiday home called sandy feet.
Build: 1.3.7.16389