Growing L & C Mortgages expands further in Newcastle

BNP Paribas Real Estate, the leading property adviser, acting on behalf of Commercial Estates Group, has assisted the expansion of London & Country Mortgages at Bede House, located within All Saints, Newcastle.

London & Country Mortgages, the UK’s largest no-fee mortgage broker, has now expanded its business and leased the whole of the first floor extending to 9,680 sq ft, after initially taking 3,500 sq ft of space in September 2012.

Geoff Spours, Newcastle Office Sales Manager of London & Country Mortgages, said: “Having been based at Bede House since late last year, we are pleased to be in a position to now take extra space and we will be recruiting aggressively over the coming months enabling our business to further expand.”

Aidan Baker, director of the Newcastle office agency at BNP Paribas Real Estate, commented: “London & Country Mortgages’ decision to acquire additional space at Bede House proves that good quality well refurbished office accommodation priced correctly remains attractive to successful businesses.”

Paul Richardson of Commercial Estates Group added: “We are delighted to witness the expansion of London & Country Mortgages, as they have been a tenant at Bede House since last year. The rapid growth of the company is further testament to the office building’s excellent location.”

Bede House, based in a Quayside location close to the heart of the city, comprises 3,512 sq m (37,806 sq ft) of high quality refurbished office space set on four floors. The flexible open floor plate allows occupiers to choose from a variety of configurations and to accommodate requirements from 1,500 sq ft to 13,000 sq ft.

BNP Paribas Real Estate is the joint agent alongside GVA.