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Ex-founder of Enterprise takes equity stake in Viva Costa

by: Mortgage Solutions
  • 05/03/2010
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Michael Clapper - the ex-founder of Enterprise Group – is back in the broker market, having acquired an equity stake in overseas property firm Viva Costa International Mortgages through his newly created investment vehicle, Clapper Ventures LLP.

Viva Costa International, which was formed in 2005, assists advisers and their clients with overseas mortgages and property sales. It allows advisers submit an enquiry, receive a quote to gain client acceptance, and then pass the rest of the work to Viva Costa.

Viva is on the panel of mortgage networks including Home of Choice and provides access to overseas mortgages and property developers across a vast range of countries.

Clapper said: “I believe the market for overseas mortgages and property sales is set for significant growth. Very low interest rates from overseas lenders – who are both willing and able to lend – coupled with some exciting investment opportunities in countries such as Cape Verde, make an attractive combination in the current climate.”

Adrian Holland, managing director at Viva Costa International said, “We are absolutely delighted to welcome Michael and his team as both investors and advisers. His experience will be invaluable in ensuring we meet our ambitious plans to become the service provider of choice for all mortgages and properties overseas.”

Other members of the Clapper Ventures LLP include Enterprise’s former chief operating officer, Jo Dempsey, former legal director, Mark Davies, and Howard Wallis, former finance director at the firm.

 

 

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