In 2013, Tim Meakin founded Toton Nottingham. After a very triumphant career in property development, Richard understood the needs of fellow professionals and requirements in short-term bridging finance and formulated a way that they could be better met through Toton Nottingham. Richard started his career in the building industry where he ran his own company called the Tim Meakin Refurbishments which was primarily based in north-west London. Tim Meakin Refurbishments specialised in working for developers and refurbishing their properties to prepare them for the market.
Tim then started buying and renovating his own properties. He would use bridging loans to buy them, put them on long term finance and then let them. This is the way he built up an amazing portfolio of properties in and around Central London. He came to understand the bridging sector and long-term finance sector and realised a gap in the market for a bridging finance company that had their own in-house evaluation team - a company not reliant on outside valuers that will be able to assess the project in its entirety and taking all aspects of the development into consideration.This approach also came to life when Richard attended the Risk Management Seminar at the Tharp Institute in the US. The learning Tim Meakin experienced from this studies all decisions at Toton Nottingham, from the core factors of how investments are placed to making sure the borrowers have the best exit strategy. Having this intuition has led to the development of some of the company’s own lending products only possible because of the ‘boutique’ nature of the company.
Tim Meakin Toton has been one of the first people in the UK to identify the need for reliable and fast bridging finance. Since founding the company he and his wife Charlotte have helped thousands of deverlopers and property professionals get the funding needed. If you need funding for your UK property project, then contact him today through the website. You can also learn more by reading the resource section here. Read the Tim Meakin Toton blog here or watch this video below