A broker’s essential guide to finding the right lender
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At Atelier, we are committed to providing competitive development finance solutions that are structured to deliver, with a choice of fixed and variable rates.
Whether your development is residential, student accommodation or care, we can help. Loans are available from £5m to £40m and are custom-built to match your ambitions.
Our team has extensive experience structuring innovative finance solutions, including:
New build development
Permitted development
Conversion & refurbishment
Land with planning permission
Bridging
Work with people as committed to your vision as you are, and discover better property finance, by design at atelierfinance.co.uk
We’d love to help; please get in touch with one of our specialist team. Or you can visit us at atelierfinance.co.uk or call us on 020 7846 0000
WHO WE ARE: Multi award-winning bridging lender founded at the height of the Covid-19 pandemic with a mission to support the market with leading service levels and deliverability in a time where much of the market became pressurised. A dynamic and experienced team renowned for operating at lightening speeds and conducting a principal-driven lending ethos, commercially structuring transactions to support its borrowing network. Albatross won Product of the Year at the 2023 B&C Awards with its 48-hour rescue bridge, designed to rescue transactions that fall over in the eleventh hour of the borrowing process due turbulent lending conditions. More broadly, the company boasts an average loan completion time of 16 days from enquiry to delivery.
OUR ETHOS: Innovatively funded, predominantly via private sources alongside a variety of institutional providers. Funding availability throughout 2024 is estimated at £250m.
WHAT WE SPECIALISE IN:
Albatross specialises in no-hassle bridging finance loans from £50,000 - £5m. Lending throughout England and Wales, we have the ability to lend on AVMs/desktop valuations and complete transactions within 48 hours. We lend against residential and semi-commercial property, as well as part-built assets, offering refurbishment loans where tranche drawdowns are available throughout the term.
MEET THE TEAM:
Nils Raber
SALES EXECUTIVE
07789 493 781 nils@albatrosslending.co.uk
Jordan Fearnley Brown
CO-FOUNDER & PRINCIPAL jordan@albatrosslending.co.uk
Matt Rogers SALES DIRECTOR
07748 985 181 matt@albatrosslending.co.uk
Lewis Casserley
CO-FOUNDER & PRINCIPAL lewis@albatrosslending.co.uk
Private capital alongside a variety of institutional providers
FCA regulated No
Interest range
1st charge bridging from 0.95% pcm, fixed 2nd charge bridging from 1% pcm, fixed Refurbishment finance from 1% pcm, fixed
Fixed/variable interest Fixed
Treatment of interest & default interest
Sectors
Interest within term may be retained or serviced; loan extensions are available upon request but may be subject to a higher rate of interest
Residential, light & heavy refurb, commercial to residential conversion, industrial, retail, hospitality, PBSA, HMO (note: standalone commercial assets won’t be accepted without additional residential security)
Max LTV 75%
Max LTGDV 65%
Max LTC 70%
Min & max loan term 3–24 months
Min & max loan size
Min property value
£50,000–£5m
£75,000
Valuation retypes Yes
Rental calculations & exposure N/A
Geographical lending areas England and Wales
Types of valuation accepted AVMs, Desktops, Short form, Red Book
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product No
Planning permission needed Reviewed on a deal-by-deal basis
Commission rate Typically 1% procuration
Associations/Charters N/A
Types of landlords accepted Limited company, individuals, off-shore entities and complex trust structures
Upfront fees
2% arrangement fee deducted from advance
Broker portal No
Early redemption charges No
Investment
Loans based on vacant possession value
Owner occupied Yes, subject to credit review
Electronic signatures accepted No
Lending on land No
Alternative Bridging Corporation
WHO WE ARE:
At Alternative Bridging Corporation, we have been providing specialist lending to the property industry, business community and homeowners for more than 30 years. We use our experience and expertise to help an increasing number of brokers and their clients. We have a resolute focus on maintaining a short chain of command, with all directors and executives under one roof. This means we are able to make swift decisions, while also making it possible to take on and consider more complex cases, and we can often provide an alternative solution even when other lenders have said “no”.
OUR ETHOS:
Collaboration is a core part of our ethos. This means many brokers choose to work with us again and again – building a long-term relationship that can help to make the process swift and simpler. Collaboration also assists with our product development, keeping brokers and their clients front of mind when developing and enhancing products. We have a range of bridging loans, refurbishment loans and development finance loans to suit every need. Innovative solutions to target specific borrower needs include our drawdown facility, the Alternative Overdraft and PartX Property Finance, a pre-approved part-exchange facility for developers.
WHAT WE SPECIALISE IN:
Alternative Bridging provides bridging and development finance for commercial and residential assets to owner-occupiers and investors. We have been working with our broker partners to satisfy the widest community possible for over 30 years. This has been achieved by developing products such as the Alternative Overdraft.
Bridge from 0.75%, dev from 0.95% and term from 6.75% pa over BBR
Fixed/variable interest: Both
Treatment of interest + default interest: Retained or serviced; default interest by agreement
Sectors: Residential, commercial, development and regulated loans
Max LTV: 75%
Max LTGDV: 70%
Max LTC: 85%
Min & max loan term: 3 months–5 years
Min & max loan size: £200,000–£10m
Min property value: £100,000
Valuation retypes: Yes
Rental calculations & exposure: N/A
Geographical lending areas: England, Scotland and Wales
Types of valuation accepted: Standard and AVM
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: No
Planning permission needed: Yes
Commission rate: By agreement
Associations/Charters: NACFB and ASTL
Types of landlords accepted: Any
Upfront fees: No
Broker portal: Yes
Early redemption charges: No
Investment: Yes
Owner occupied: Yes
Electronic signatures accepted: Yes
Lending on land: No
Aspen Bridging
WHO WE ARE: Aspen is a 100% securely funded lender, backed by hundreds of millions of pounds in group equity. We offer bridging, light development and bridge-to-let products. We provide DocuSign legals and a no-valuation loan of up to 75% LTV, with direct access to your own dedicated underwriter. Our light development product is leading the way in heavy conversions and refurbishments, supporting developers for longer at better leverage and lower pricing on heavier works. The bridge-to-let product uniquely assists clients who need a flexible option after the bridge, should that be a refinance or sale option.
OUR ETHOS: Aspen has the benefit of having over £500m behind us of S&U group funds. The company is an associate of FIBA and a member of the ASTL. Our experienced team and best-in-class online portal, Broker View, make us quick and easy to deal with. We have no DIP forms; later forms are soft versions and we run all searches in-house. Our practical approach to lending and of meeting clients to understand their needs helps make deals work.
WHAT WE SPECIALISE IN:
Aspen specialises in light development, foreign national bridge-to-let and bridging finance. We offer a range of products to suit different requirements.
Rental calculations & exposure 100% of pay rate on bridge to let
Geographical lending areas England & Wales
Types of valuation accepted Internal valuation, Red Book & retypes
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product No
Planning permission needed No
Commission rate 1–2%
Associations/Charters ASTL, FIBA
Types of landlords accepted Ltd Co, individual, first time, foreign national, ex-pat & portfolio
Upfront fees No
Broker portal Yes
Early redemption charges No
Investment Yes
Owner occupied No
Electronic signatures accepted Yes
Lending on land No
WHO WE ARE: Atelier is a trusted development and bridging finance lender, with over £650m lending to date. We understand the importance of reliable and secure funding. Key decision-makers are involved in the deal process and we work proactively and diligently to deliver swift decisions and commit funds. We offer choice and value, including variable and fixed-rate options up to 70% LTGDV on loans between £3m to £40m across residential, BTR, student and care. We work with borrowers to structure highly competitive terms with a combination of rates, fees and leverage.
OUR ETHOS: We are a responsible lender and operate to institutional standards and have a culture of continual improvement. We are committed to providing competitive finance solutions that are structured to deliver, with a choice of variable and fixed rates. We are proud to be UKGBC Gold Leaf members and are committed to creating innovative finance solutions that advance the sustainability agenda in the built environment. We are Planet Mark certified, which means that we will be holding ourselves accountable for reducing our business’s total carbon footprint, and we are committed to the UN’s Race to Zero.
WHAT WE SPECIALISE IN:
We specialise in development and bridging finance and provide competitive variable and fixed rates across residential, BTR, student and care. We offer loans of between £3m and £40m, enabling professional developers across the UK to realise their property potential.
Treatment of interest + default interest: Interest rolled or serviced; additional 6% pa default rate if facility not redeemed or extended prior to term date
Sectors: Residential, BTR, student and care
Max LTV: 70% with discretion to go higher
Max LTGDV: 70% with discretion to go higher
Max LTC: 90%
Min & max loan term: 6–36 months
Min & max loan size: £3m–£40m
Min property value: £4m
Valuation retypes: Case-by-case
Rental calculations & exposure: Case-by-case
Geographical lending areas: England, Scotland and Wales
Types of valuation accepted: Red Book valuation from valuer on Atelier’s panel
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: No
Planning permission needed: Yes
Commission rate: Negotiable
Associations/Charters: UKGBC, BSI ISO 9001 Quality Management and Planet Mark, NACFB Patron
Types of landlords accepted: Corporate
Upfront fees: Yes (arrangement fees typically 1–2%)
Broker portal: Yes
Early redemption charges: Case-by-case
Investment: Yes
Owner occupied: No
Electronic signatures accepted: Yes
Lending on land: Yes, if planning is in place
Avamore Capital
WHO WE ARE:
Avamore is a development and bridging lender entering its ninth year. Lending to date stands at over £750m. As a smaller lender with 30 people, we do not have SLAs and action everything the same day. We pride ourselves on being solution driven, and are constantly looking to help in underserved areas.
Our specialist part-complete development product enables us to help at any build stage, and we flexibly take a client’s experience into account. We provide various options for drawdowns on refurbishments, saving costs, and offer net sales proceeds on development exits to provide cashflow.
OUR ETHOS:
Our aim is to double our current total lending within the next five years and continue a year-on-year increase in annual performance, with each transaction underpinned by our customer-centric approach. We believe in delivering value-added products and equipping brokers with the right tools to support developers in finding solutions to real-time challenges. This year, we created a charter for all our employees that embodies everything Avamore stands for: to be trustworthy, humble and solution driven. This will feed into our commitment to delivering outstanding service at competitive prices.
WHAT WE SPECIALISE IN:
We specialise in part-complete schemes, light-to-heavy refurbishments, development exits and development.
MEET THE TEAM:
Adam Butler
HEAD OF SALES & MARKETING –
SOUTH/SOUTH EAST
07388 919 116
ab@avamorecapital.com
Cameron Linnell
RELATIONSHIP MANAGER –MIDLANDS & NORTH 07715 976 444
cjl@avamorecapital.com
Cannon Place 78 Cannon Street London
EC4N 6HL
Cameron Levitt
RELATIONSHIP MANAGER –CENTRAL/SOUTH LONDON 07450 277 122 cl@avamorecapital.com
Sophia Lee
RELATIONSHIP MANAGER –CENTRAL/NORTH LONDON 07706 775 978
Treatment of interest + default interest: Rolled, retained and serviced
Sectors: Residential, mixed-use and commercial
Max LTV: 85%
Max LTGDV: 75%
Max LTC: 90%
Min & max loan term: 3–24 months
Min & max loan size: £250,000–£25m
Min property value: N/A
Valuation retypes: Yes
Rental calculations & exposure: N/A
Geographical lending areas: Mainland England and Wales
Types of valuation accepted: Red Book and retypes
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: No
Planning permission needed: No
Commission rate: Up to 1.5% as standard
Associations/Charters: N/A
Types of landlords accepted: Ltd co
Upfront fees: Yes
Broker portal: No
Early redemption charges: No
Investment: Yes
Owner occupied: No
Electronic signatures accepted: Yes
Lending on land: No
Beaufort Capital
WHO WE ARE:
Established in 2013, the Beaufort team has financed and developed more than five million square feet of property of all asset classes across the UK and excels at creating opportunities where traditional funders are unable to provide the right solutions. Beaufort considers all locations in England, Scotland and Wales and all asset classes from residential and commercial to healthcare, student accommodation, hotels, mixed use and industrial. The team can provide expressions of interest within 48 hours and indicative terms within five working days. Contact us today to speak with a member of the team.
OUR ETHOS:
Beaufort’s aim is to support and build long-term relationships with good-quality developers, empowering each of them to maximise their return on capital. Beaufort has decades of experience in finance and development in the UK property market and invests its expertise in every developer with which it works. Understanding that no two developments are the same, Beaufort is committed to providing swift, flexible solutions to achieve optimal funding structures on every project. ESG plays a key role in Beaufort’s decision-making process, allowing industry-leading projects to be unlocked across the UK. Our ESG strategy: https://www.beaufortcapital.co.uk/esg.html
WHAT WE SPECIALISE IN:
Beaufort specialises in stretched senior debt, mezzanine and bridge-to-development finance. In January 2022, Beaufort launched a £1bn senior and stretched senior debt product which it expects to deploy in the UK real estate development market within the following 3–5 years.
MEET THE TEAM:
Mark Quigley
MANAGING DIRECTOR—UK REAL ESTATE FINANCE
0203 795 9085 07342 885 277
mark@beaufortcapital.co.uk
Joe Flaherty
DIRECTOR
0203 793 9259
07500 704 548 joe@beaufortcapital.co.uk
1 Knightsbridge Green Knightsbridge London SW1X 7QA
Stretched senior debt from 5.25% over SONIA; mezzanine from 14% pa; bridge-to-dev from 1% pcm
Fixed/variable interest Variable
Treatment of interest & default interest Rolled; fixed higher rate of default interest may be charged in exceptional circumstances
Sectors All real estate asset classes
Max LTV 60%
Max LTGDV 70%
Max LTC 85%
Min and max loan term 12–36 months per development project
Min and max loan size
Min property value
£10m–£100m (stretched senior debt) and £3m–£15m (mezzanine finance) per single development project. Larger facilities available for multiple projects
£15m GDV
Valuation retypes Yes, if dated within 3 months and from our accepted list of valuers
Rental calculations and exposure N/A
Geographical lending areas England, Scotland and Wales
Types of valuation accepted Red Book
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/sustainable product No
Planning permission needed No
Commission rate Negotiable
Associations/charters N/A
Types of landlords accepted N/A
Upfront fees Yes
Broker portal No
Early redemption charges No
Investment No
Owner occupied No
Electronic signatures accepted Yes
Lending on land Yes
Blackfinch Property
WHO WE ARE:
Established in 2014, Blackfinch Property is a fully funded provider of short-term financing solutions for residential and commercial real estate. As an independent company, we’re efficient and flexible. Our team of 10 investment specialists takes a pragmatic approach to provide cash quickly and with more certainty. Customers benefit from our focus on developers’ needs, ability to innovate, commercial outlook and in-house legal team. Blackfinch Property is part of the Blackfinch Group, an award-winning investment specialist dating back over 25 years.
OUR ETHOS:
Blackfinch Property incorporates ESG considerations into all of our investment decisions. Our policy (https://blackfinch.com/sustainability/) shows our commitment to supporting sustainable building practices. We also provide preferential rates for developers who agree to improve a building’s EPC rating. We are built on the values of adapting to market conditions, evolving our offering in order to help individuals, businesses and communities to thrive.
WHAT WE SPECIALISE IN:
We provide a range of short-term lending products for the residential and commercial sectors. These include BTL, bridging, development and commercial term loans. We offer preferential rates on loans that support improved energy efficiency.
Valuation retypes Considered but may need a separate desktop
Rental calculations + exposure 1.25 x ICR for BTL
Geographical lending areas UK, including Northern Ireland & Scotland
Types of valuation accepted Red Book for all lending; short form possible for BTL
New Builds Yes
Heavy Refurb Yes
Grade Listed Building Yes
Green/sustainable product No sustainable product but preferential rates are available
Planning permission needed Yes
Commission rate Typically 1% or as agreed
Associations/Charters NACFB
Types of landlords accepted No restrictions, ideally experienced
Upfront fees Yes, but arrangement fees can be funded in the loan
Broker portal No
Early redemption charges No
Investment Yes
Owner Occupied No
Electronic signatures accepted Yes
Lending on land Yes
Looking for a Bridging, Development or Buy-to-Let finance partner?
At Blackfinch Property we’re dedicated to helping rejuvenate local areas and economies
Blackfinch Investments Limited is authorised and regulated by the Financial Conduct Authority Registered address: 1350-1360 Montpellier Court, Gloucester Business Park, Gloucester, GL3 4AH. Registered in England and Wales Company Number 02705948. Fully-Funded Lender Fast and Flexible Approach Responsible Investing In-House Legal Team
BLEND
WHO WE ARE: BLEND is a UK specialist real estate bridging and development finance lender. We work with experienced SME developers throughout the entire lifecycle of a deal, from asset acquisition where we bridge the asset to help with pre-planning or planning enhancement, through to development (refurb, conversion and ground up) and development exit. We provide bridging from £500,000 to £10m and development from £1m to £10m, with LTV up to 75%, LTGDV up to 70% and LTC up to 90%. Our experienced team of real estate financiers understand development and offer tailored funding solutions that meet your requirements.
OUR ETHOS: Since 2017, our experienced team of real estate financiers have been funding and supporting UK SME property developers. Our repeat borrowers appreciate our agility and being able to deal with the decision makers. At BLEND, we build genuine relationships with developers and strive to see the projects through their eyes. This allows us to structure each deal to meet the specific requirements of the client rather than using a one-size-fits-all process.
WHAT WE SPECIALISE IN:
BLEND is a UK specialist development finance and bridging lender providing brokers and developers with a transparent and empowered relationship lending team. We focus on supporting developers in securing opportunities both with and without planning, via bridging on purchase, equity release or traditional development finance. We are the lender of choice for SME developers delivering schemes of up to £15m GDV. We lend across all of England and Wales.
MEET THE TEAM:
David Alcock MRICS MANAGING DIRECTOR
07785 715 954 enquiries@blendnetwork.com
Yann Murciano CEO
0203 409 3301 enquiries@blendnetwork.com
142 New Cavendish Street London W1W 6YF
Roxana Mohammadian-Molina CHIEF STRATEGY OFFICER
0203 409 3301 enquiries@blendnetwork.com
Claire McGirr HEAD OF PORTFOLIO MANAGEMENT
0203 409 3301 enquiries@blendnetwork.com
www.blendnetwork.com enquiries@blendnetwork.com
Product types
Bridging and dev finance
Charges 1st
Funding model
Institutional funding lines, HNWs and family offices
FCA regulated Yes
Interest range Dev from 5.5% pa above base rate; bridging from 0.5% pcm above base rate
Fixed/variable interest Fixed
Treatment of interest & default interest Rolled, retained and serviced; default rate of 0.75% pcm if applicable
Sectors Residential, mixed-use and commercial (bridging only); acquisition, refurb, conversion and ground up
Max LTV 75%
Max LTGDV 70%
Max LTC 90%
Min & max loan term 3–24 months
Min & max loan size Dev: £1m–£10m; bridging: £500,000–£10m
Min property value No min
Valuation retypes Standard desktop and full Red Book
Rental calculations & exposure N/A
Geographical lending areas England and Wales
Types of valuation accepted Standard desktop and full Red Book valuation
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product No
Planning permission needed Yes
Commission rate Negotiable
Associations/Charters N/A
Types of landlords accepted N/A
Upfront fees Yes
Broker portal No
Early redemption charges No
Investment No
Owner occupied No
Electronic signatures accepted Yes
Lending on land Yes
BloomSmith
WHO WE ARE: Established in 2015, BloomSmith is the UK’s leading provider of unsecured VAT bridging loans against commercial property and land. Our lending model means you can borrow up to 100% of your VAT obligations without a second legal charge; loans start from £50,000 and funds can be delivered within 48 hours. We deliver fast, simple VAT bridging loans that enable prudent financial planning, cash flow management and increased purchasing power. Costs: £1000 + VAT application fee; £1000 + VAT agent fee; legals from £2000 + VAT; facility fee 1.75% + VAT of purchase price.
OUR ETHOS: The BloomSmith philosophy is centred around transparency and relationships built on trust. To ensure this, our processes and financial information are independently audited quarterly, enabling you to borrow with confidence.
WHAT WE SPECIALISE IN:
BloomSmith specialises in advance funding of HMRC receivables and VAT funding on commercial property and land purchases.
MEET THE TEAM:
Nigel Smith DIRECTOR
07770 914 594 nigelsmith@bloomsmith.co.uk
Neil Petty DIRECTOR
07970 740 360 neil@bloomsmith.co.uk
Kate Ashton DIRECTOR
07825 516 161 kate@bloomsmith.co.uk
David White DIRECTOR
07801 035 498 dave@bloomsmith.co.uk
3 Astwood Mews Kensington London SW7 4DE www.bloomsmith.co.uk
Product types: VAT bridging
Charges: Charge-free lending
Funding model: Bank rolling facility and HNW individuals
FCA regulated: No
Interest range: From 1.25% pm
Fixed/variable interest: Fixed interest
Treatment of interest + default interest: Retained interest non-utilisation fees may apply; default interest 3% pcm
Sectors: Commercial property
Max LTV: 100%
Max LTGDV: 100%
Max LTC: 100%
Min & max loan term: 90–360 days
Min & max loan size: £50,000–£10m
Min property value: £250,000
Valuation retypes: N/A
Rental calculations & exposure: N/A
Geographical lending areas: United Kingdom
Types of valuation accepted: N/A
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: N/A
Planning permission needed: No
Commission rate: 1–5% of VAT loan amount
Associations/Charters: NACFB
Types of landlords accepted: New SPV
Upfront fees: Yes
Broker portal: No
Early redemption charges: No
Investment: Yes
Owner occupied: Yes
Electronic signatures accepted: Yes
Lending on land: Yes
Bridge Invest
WHO WE ARE: Located in Mayfair, Bridge Invest is a leading boutique short-term finance provider, specialising in bespoke facilities secured against property in England and Wales. Founded in 2015, Bridge invest has stood strong for more than eight years, successfully weathering challenges such as post-Brexit market stagnation, the COVID-19 pandemic and the aftermath of the 2022 mini-budget. We offer quick and flexible solutions, typically issuing indicative terms within two hours, a decision in principle within one business day of application and completing drawdowns in 10 business days or less. What sets us apart is our commitment to relationship-building and taking a hands-on approach. Our decision-makers are at your service seven days a week, ensuring a seamless execution of loans.
OUR ETHOS: At Bridge Invest, we believe in the power of exceptional customer service, driven by genuine relationships and a strong team spirit. Our customers are at the heart of everything we do. We are committed to understanding their needs, exceeding their expectations and forging lasting connections that extend beyond mere transactions. Our ethos is more than just words; it’s the guiding force behind everything we do. Bridge Invest receives funding from an institutional credit fund and private sources, which include family offices.
WHAT WE SPECIALISE IN:
Offshore borrowers, below market value acquisitions, credit impairments, heavy refurbishments, short leases, 2nd charges, development exits and re-bridges.
MEET THE TEAM:
Ronak Ruparell CEO AND CO-FOUNDER
07775 945 944 ronak@bridgeinvest.co.uk
Jacob Hix
BUSINESS
DEVELOPMENT MANAGER
07733 405 095 jacob@bridgeinvest.co.uk
Devonshire House, Level One 1 Mayfair Place London W1J 8AJ
www.bridgeinvest.co.uk info@bridgeinvest.co.uk
Product types: Unregulated bridging Charges: 1st and 2nd
Funding model: Private sources and an institutional credit fund
FCA regulated: No
Interest range: Bridging from 0.9% pcm
Fixed/variable interest: Fixed
Treatment of interest + default interest: Retained and serviced; higher rate capped at 3%
Sectors: Residential, semi-commercial and HMO
Max LTV: 70%
Max LTGDV: 70%
Max LTC: 90%
Min & max loan term: 3–24 months
Min & max loan size: £100,000–£5m
Min property value: £150,000
Valuation retypes: Yes
Rental calculations & exposure: N/A
Geographical lending areas: England and Wales
Types of valuation accepted: Red Book; desktop considered
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: Not currently
Planning permission needed: Yes
Commission rate: Up to 2%
Associations/Charters: N/A
Types of landlords accepted: Ltd co, individual, first-time and portfolio
Upfront fees: Yes
Broker portal: No
Early redemption charges: Yes
Investment: Yes
Owner occupied: Yes
Electronic signatures accepted: No
Lending on land: No
Brightstone Law LLP
WHO WE ARE: Brightstone Law is an award-winning firm that has operated in the legal field for more than 30 years. The firm provides an unrivalled range of services to an unrivalled range of bridging lenders, which include loan origination, dispute resolution and collection, sales conveyancing, professional negligence claims, insolvency, county court possession work, High Court litigation and Law of Property Act receiverships.
OUR ETHOS: We are recognised as acting for a broad range of bridging lenders from the small, bespoke, niche private lenders to large, nationally recognised banks. The firm has a wealth of experience in dealing with commercial and residential loans, consumer credit loans, FCA-regulated loans and non-regulated loans. Brightstone Law is an associate member of the ASTL.
WHAT WE SPECIALISE IN:
We provide high-quality services to lending clients in the bridging and long-term sectors, practising the complete range of disciplines required by principal lenders. Our reputation is founded on an experienced team of dedicated lawyers, delivering expertise responsively through clear communication.
MEET THE TEAM:
Jonathan Newman SENIOR PARTNER
0208 731 3080
jn@brightstonelaw.co.uk
Harry Peradigou PARTNER
0208 731 3080
hp@brightstonelaw.co.uk
Rehka Chelvendra PARTNER
0208 731 3080
rc@brightstonelaw.co.uk
Brighthstone House 511 Centennial Park Centennial Avenue
WHO WE ARE: Buzz Capital is a privately funded property lender specialising in lower-value bridging and development loans across England and Wales. Founded in 2019 by a team with over 100 years of combined property and finance experience, Buzz aims to provide a no-nonsense application process, quick decisions and fast completions.
We lend on land with planning, ground-up development, regular/auction purchase, refurbishment and conversion projects with terms from three to 12 months.
We have a straightforward fee structure consisting only a finance fee and exit fee (where applicable). Valuations and IMS can be via Method panel or VAS panel.
OUR ETHOS:
Asset strength comes above all else. If the security property is solid, then we can take a view on borrower experience, credit history and A&L. At Buzz, we understand that every deal is unique so we do not divide our services into “products” but instead invite brokers to submit deals that meet our basic criteria for individual consideration. Speed and flexibility are key to the Buzz ethos. With the ultimate decision-makers working alongside our lender team in the office, we can quickly react to changes, adapt and commit to loans without having to seek external approval.
WHAT WE SPECIALISE IN:
We offer purchase and development loans of £550,000 net maximum, with terms of up to 12 months. Our key sector is residential but we also consider semi-commercial and commercial. We pride ourselves on our flexible approach, speedy decision-making and commitment to overcoming obstacles in order to complete.
MEET THE TEAM:
David Peck
PROPERTY DIRECTOR
07909 916 928 david@buzzcapital.co.uk
Marcus Searancke
BUSINESS AFFAIRS DIRECTOR
07500 091 139 marcus@buzzcapital.co.uk
Alex Martin
LENDING CONSULTANT
07769 671 501 alex@buzzcapital.co.uk
Alena Walker
BUSINESS OPERATIONS
01273 766 399 alena@buzzcapital.co.uk
Third Floor
Hanover House 118 Queens Road Brighton, East Sussex BN1 3XG
buzzcapital.co.uk
hello@buzzcapital.co.uk
Product types
Residential, commercial bridge and development
Charges 1st; 2nd as additional security
Funding model Private
FCA regulated No
Interest range
Rates from 0.89%
Fixed/variable interest Fixed
Treatment of interest & default interest
Sectors
Max LTV
Max LTGDV
Max LTC
Standard rate: retained interest – calculated on a simple basis
Min property value Considered on a case-by-case basis
Valuation retypes Yes
Rental calculations & exposure Considered on a case-by-case basis
Geographical lending areas England and Wales
Types of valuation accepted Full RICs valuations and retypes
New builds Yes
Heavy Refurb Yes
Grade listed buildings No
Green/Sustainable product No
Planning permission needed Yes
Commission rate 1% (but considered on a case-by-case basis)
Associations/Charters BDLA
Types of landlords accepted Individual, ltd co and LLP
Upfront fees No
Broker portal No
Early redemption charges Considered on a case-by-case basis
Investment Yes
Owner occupied No
Electronic signatures accepted No
Lending on land Yes, with planning permission
Bespoke Property Bridging and Development Finance
Buzz Capital provides straight forward access to finance. As we’re lending our own money, we always look for ways to say yes.
Whether your clients are purchasing a property at auction or on the open market, refinancing a property they already own or need to secure capital to develop, convert or refurbish a property, then look to Buzz Capital.
With generous terms available and low interest rates, Buzz Capital is the smart choice for borrowers and brokers alike.
What can we lend against?
• Houses
• HMO
• MUFB
• Retail
• Warehouse
• Student Accommodation
• Flats
• Hotels
• Office
• Light Industrial
• Residential Ground Up
• Land With Planning
Buzz Capital Property Finance Limted is supervised for anti-money laundering purposes by the Financial Conduct Authority under Reference number: 963654. Buzz Capital Property Finance Limted is incorporated in England and Wales (12253963) Registered Address: Third Floor, Hanover House, 118 Queens Road, Brighton, England, BN1 3XG
Transparent, Flexible, Fast and Clear.
Same day terms, fast release of funds
Up to 75% LTV / LTGDV
100% funding (with extra security)
Up to 100% build cost funded
Rates from 0.89% per month
Maximum net loans up to £550,000
Generous broker fees
CapitalRise
WHO WE ARE:
CapitalRise is a leading UK property finance platform, providing bespoke flexible financing solutions to prime property developers. It is the only dedicated finance provider for prime developments in London and the South East, and was founded by experienced developers. We understand the pain and time involved in raising finance for projects and offer cost-effective property financing that’s faster, simpler and more flexible than traditional sources of capital. Finance typically is in a range of £1m–£20m, and we offer a variety of products including senior, stretched senior and mezzanine, acquisition, development and sales period loans.
OUR ETHOS:
CapitalRise was founded by CEO Uma Rajah, alongside Alex Michelin and Andrew Dunn, who set up luxury international property development firm Finchatton. CapitalRise remains the only specialist lender solely focused on funding prime property developments in London and the South East. Loans have been provided in some of the most desirable areas of central London, including Notting Hill, Knightsbridge, Belgravia, Mayfair, Kensington, Chelsea and Grosvenor Square, as well as in the Wentworth Estate, Hove, Beaconsfield, Oxford and the Cotswolds. Since it was founded, CapitalRise has written over £330m of loans against £870m+ of property value.
WHAT WE SPECIALISE IN:
We specialise in fast and flexible funding solutions for prime property bridging, development and sales period finance, and offer senior, stretched senior and mezzanine. There are no upper/maximum £PSF or capital value restrictions.
MEET THE TEAM:
Lee Francis HEAD OF ORIGINATION
07880 650 651 lf@capitalrise.com
Katy Katani LENDING DIRECTOR
07799 262 381 kk@capitalrise.com
33 Cavendish Square London
W1G 0PW
Imogen Williams BUSINESS DEVELOPMENT DIRECTOR
07553 814 520 iw@capitalrise.com
Raf Chowdhury ASSOCIATE DIRECTOR
07443 074 064 rc@capitalrise.com
www.capitalrise.com/borrow borrow@capitalrise.com
Product types: Development (senior and mezzanine) and bridging (acquisition, exit and sales)
Charges: 1st, 2nd and equitable
Funding model: Institutional, private, HNWs and family offices
FCA regulated: Yes
Interest range: Bridging from 0.85% pcm; stretched senior from 5.75% pa; mezzanine from 12% pa
Fixed/variable interest: Fixed and variable available
Treatment of interest + default interest: Roll-up on dev; rolled/serviced on bridge and exit; default interest rate 15%
Sectors: Residential, commercial and mixed-use
Max LTV: 75%
Max LTGDV: 75%
Max LTC: 90%
Min & max loan term: 6–36 months
Min & max loan size: £1m–£20m
Min property value: £1.5m
Valuation retypes: Yes, must be <3 months old at drawdown date
Rental calculations & exposure: N/A
Geographical lending areas: Prime London, Home Counties and South East
Types of valuation accepted: Red Book
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: Yes
Planning permission needed: Yes
Commission rate: From 1%
Associations/Charters: N/A
Types of landlords accepted: Individual and corporate
Upfront fees: Yes
Broker portal: No
Early redemption charges: Yes
Investment: No
Owner occupied: No
Electronic signatures accepted: Yes
Lending on land: Yes
Up to 75% LTV and 90% loan to cost
Loans between £1 million and £20 million with ability to lend higher
Large single units Multi unit schemes No upper £psf limit
TAILORED PROPERTY FINANCE SOLUTIONS
CapitalRise was founded by developers to offer property finance that’s faster, simpler and more flexible than traditional sources of capital.
Our expert team provides bespoke, cost-effective Senior and Mezzanine property finance for any stage of your prime property development project including acquisition, development and sales period. We provide finance for ground-up development, refurbishment and airspace.
Get in touch to see how we can help finance your prime property project.
0779 926 2381 kk@capitalrise.com
0755 381 4520 iw@capitalrise.com
SENIOR
STRETCHED SENIOR MEZZANINE
WENTWORTH ESTATE
VIRGINIA WATER
GDV at exit
£14.0m
Loan amount £8.5m
Loan type Senior Development
LTV at exit 61%
ST GEORGE’S HILL
GDV at exit £16.6m
Loan amount £9.1m
Loan type Senior Bridge
LTV at exit 55%
SLOANE GARDENS
CHELSEA
GDV at exit
£9.7m
Loan amount £6.8m
Loan type Senior Development
LTV at exit 70%
CHEYNE WALK
CHELSEA
GDV at exit £18.0m
Loan amount £3.2m
Loan type Mezzanine Bridge
LTV at exit 73%
ACADEMY GARDENS
KENSINGTON
GDV at exit £12.0m
Loan amount £8.4m
Loan type Senior Development
LTV at exit 70%
GDV at exit £8.5m
Loan amount £1.2m
Loan type Mezzanine Exit
LTV at exit 69%
Catalyst
WHO WE ARE:
Launched in 2017, Catalyst aimed to disrupt the market with innovative products backed by outstanding broker and customer service. We remain relentless in this pursuit. What to expect from us? Your enquiries will quickly receive a personal response from our new business team. We fund straightforward cases, but we also love the challenge of complex borrowers and unusual properties, so challenge us. We look for reasons to lend and have a commercial approach to underwriting.
OUR ETHOS:
Catalyst’s mission is to ensure that you and your clients never miss a good opportunity. We do this by offering fast access to flexible specialist finance, funding that is both competitive for your clients and rewarding for you. With strong institutional credit lines, Catalyst has near limitless capital to deploy. #WeAreCatalyst
WHAT WE SPECIALISE IN:
Our products deliver competitive rates and high-leverage LTV solutions. We welcome most property types and borrowers. We specialise in bridging, light/moderate/ heavy refurbishment, auction finance, development exit finance, commercial property finance, Latitude BTL and Flex bridging.
MEET THE TEAM:
Josh Hawker
INTERNAL BDM
01202 112 909
josh.hawker@catalystpf.co.uk
Oliver Jenkins INTERNAL BDM
01202 122 038
oliver.jenkins@catalystpf.co.uk
Ciaran Courtney INTERNAL BDM
01202 112 910
ciaran.courtney@catalystpf.co.uk
James Farge SALES DIRECTOR
01202 112 904
james.farge@catalystpf.co.uk
The Hive Wilson House 2 Lorne Park Road Bournemouth, Dorset BH1 1JN
www.catalystpf.co.uk enquiry@catalystpf.co.uk
Product types: Bridging, refurb, auction, dev exit and commercial bridge Charges: 1st and 2nd
Funding model: A mix of institutional, private HNW and proprietary capital
FCA regulated: No
Interest range:
Bridge, refurb, auction and dev exit from 0.85%; commercial from 8.25% + BBR
Fixed/variable interest: Fixed and variable
Treatment of interest + default interest:
Retained, rolled, serviced, part and part monthly, and part and part
Sectors: Residential, semi-commerical, commercial and refurb schemes
Max LTV: 80% LTV
Max LTGDV: 75% LTGDV
Max LTC: 85% LTC
Min & max loan term: 1–24 months
Min & max loan size:
£100,000–£10m
Min property value: £75,000
Valuation retypes: Considered
Rental calculations & exposure: N/A
Geographical lending areas: England and Wales
Types of valuation accepted: AVM, desktop, short form and Red Book
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: Coming soon
Planning permission needed: No
Commission rate: Up to 2%
Associations/Charters: N/A
Types of landlords accepted: Ltd co, individual, first-time and portfolio
WHO WE ARE: Century Capital delivers fast, flexible finance across a diverse range of short-term loan products. It provides expert service and certainty of funding with a client-centric approach.
The company was founded in 2012 in response to growing demand for short-term finance and is a leading short-term lender in the prime real estate sector.
Over the years, Century Capital has secured multiple new institutional funding lines and diversified its product range, further cementing its status as a premier short-term finance provider.
The growing team comprises over 18 professionals with more than 100 years of combined experience.
OUR ETHOS:
Century Capital is committed to excellence and innovation. The company’s forward-thinking mindset drives it to constantly adapt and find innovative solutions, ensuring it meets the financial needs of its clients.
Century Capital consistently demonstrates its ability to identify market opportunities. With its enterprising approach and dedication to delivering exceptional financial solutions, Century Capital has positioned itself as a market leader in its niche.
WHAT WE SPECIALISE IN:
Century Capital tailors deals to clients’ specific, individual needs and its speed of execution makes it able to deliver within days. Its in-depth experience in the core prime London market sets it apart and allows it to provide clients with solutions that few others can offer.
Bridging from 0.69%; BTL from 0.59%; commercial from 0.79% (all plus base rate)
Fixed/variable interest Both
Treatment of interest & default interest
Default interest charged from 0.59% monthly from date of default; defaulted loans: subject to lender discretion
Sectors Residential, commercial, semi-commercial, land with planning, large single assets
Max LTV 75%
Max LTGDV 70%
Max LTC N/A
Min & max loan term 3–36 months
Min & max loan size
Min property value
£250,000–£30m
£350,000
Valuation retypes Yes
Rental calculations & exposure N/A
Geographical lending areas UK wide (excl. Scotland & N. Ireland)
Types of valuation accepted RICS Red Book valuation
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product Yes
Planning permission needed Yes
Commission rate Competitive
Associations/Charters ASTL
Types of landlords accepted Portfolio, limited company, first-time landlords etc.
Upfront fees Yes
Broker portal No
Early redemption charges No
Investment Yes
Owner occupied Yes, subject to business purpose exemption
Electronic signatures accepted Yes
Lending on land Yes
Cohort Capital
WHO WE ARE: Property owners and brokers deserve more from their lenders. More flexibility, more speed, more transparency and above all more reliability. Since 2019, Cohort has been delivering just that. With an arsenal of property, banking and legal professionals behind the business – we can understand, structure and fund some of the most demanding property lending opportunities. We are unconstrained by banking facilities, 100% private capital which has enabled us to write over £700m of short-term loans since inception. Due to our capital make-up and diverse team – we can look beyond the underlying real estate and into the sponsor strength and strategy. The private nature of our funding also allows us to close transactions within days, our average closing window from initial enquiry is just over 2 weeks.
OUR ETHOS: Our approach to lending is led by borrower strength, strategy and location of the asset. We are sector agnostic – Cohort has funded industrial, hotels, high end residential, offices and even a classic car collection. As a result of this unique underwrite approach and ability to transact - we have built up a strong reputation for deliverability. We’re able to commit to transactions immediately thanks to an efficient credit process, with ultimate decision makers in the office alongside originators. We are not required to seek further approvals from third-party funders before we can commit
WHAT WE SPECIALISE IN:
We specialise in providing a fast turnaround with a full commitment, coupled with an ability to consider assets, sponsors and strategies that sit outside of a traditional lender’s requirements.
Bridging and term from 5.50% margin / refurbishment from 7% margin
Fixed/variable interest Variable (BoE Base) and fixed options
Treatment of interest & default interest
Interest can be rolled up or serviced; default rates are agreed on a case-by-case basis
Sectors All residential and commercial sectors considered
Max LTV 75%
Max LTGDV 75%
Max LTC 90%
Min & max loan term 3–24 months
Min & max loan size £1.5m–£75m
Min property value No minimum
Valuation retypes No
Rental calculations & exposure N/A – interest shortfall agreed on a case-by-case basis
Geographical lending areas England, Wales, Scotland
Types of valuation accepted Red Book and retypes
New builds Yes
Heavy Refurb Yes, subject to refurb loan being less than 50% of initial loan
Grade listed buildings Yes
Green/Sustainable product Not at present
Planning permission needed Lending assessed on current use value
Commission rate Agreed on a case-by-case basis
Associations/Charters No
Types of landlords accepted Individual and Corporate, including overseas corporates
Upfront fees Yes
Broker portal No
Early redemption charges No (subject to minimum interest periods)
Investment Yes
Owner occupied No, unregulated only
Electronic signatures accepted Yes, dependent on document type
Lending on land Yes
Downing Property Finance
WHO WE ARE: Downing is a responsible investment manager established in London in 1986. We currently manage £2 billion of assets under a range of investment mandates across our funds, investment trusts and other products. Our key private market investment areas include the renewable energy, infrastructure, and residential and operating real estate sectors. In public markets, we have a boutique of specialist fund managers that provide a distinctive suite of investment mandates.
OUR ETHOS:
At Downing Property Finance, we offer streamlined financing solutions, free from tedious procedures and delays. Our vision is to make property finance funding simple, straightforward and sustainable, enabling our SME developers and intermediary partners to flourish.
WHAT WE SPECIALIZE IN:
We focus on residential-led schemes being delivered by experienced developers with good track records and meaningful equity contributions. We look to lend on projects where the debt requirement is between £2m-£30m.
We focus on a suite of property finance solutions tailored to meet the needs of experienced UK developers and brokers across the UK. We lend on residential, mixed-use, student accommodation and commercial. We focus on loans between £2m-£30m, with the ability to do more. Up to 85% LTC and 70% LTV.
Asset management firm with multiple funding lines including discretionary managed funds and bank lines
FCA regulated Yes
Interest range
Fixed/variable interest
Treatment of interest & default interest
Sectors
Max LTV
Max LTGDV
Max LTC
From 5.5% + BoE base rate; fixed-rate options available. Sustainability-linked loan rebates of up to 100bps available on eligible deals
Fixed and variable interest rates available
Interest is usually rolled but can be serviced; default interest is usually +5% but this can vary
Residential development, non-speculative commercial development, PBSA. Exit bridges usually only considered on residential schemes
Min & max loan term 3–36 months
Min & max loan size
£2m–£30m
Min property value N/A
Valuation retypes Yes
Rental calculations & exposure N/A
Geographical lending areas England, Scotland, Wales
Types of valuation accepted Red Book only
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product Yes, sustainability-linked loans oofer a rebate of up to 100bps based on defined criteria for eligbile loans
Planning permission needed Yes
Commission rate N/A
Associations/Charters N/A
Types of landlords accepted N/A
Upfront fees No
Broker portal No
Early redemption charges No
Investment No
Owner occupied No
Electronic signatures accepted Yes
Lending on land No
Finanze Capital
WHO WE ARE: With Finanze Capital, it’s personal. We provide bridging, term and custom finance for corporate clients. We can lend up to 100% of purchase price and works where borrowers are buying BMV or title splitting.
Our OMV Bridge-To-Let facility allows borrowers to exit to term on the 90th day at full market value. We offer custom and standard bridging where clients can borrow with rates as low as 0.74% pcm at 75% LTV. We also have a brand new Lease Extension Bridge providing up to 70% Loan to “Extended Value”, capped at 90% of purchase price and 90% of lease extension costs. When speed matters we can offer 65% OMV AVM’s and 70% OMV for desktop valuations, with rates from 1% p/m. We also like development exits, commercial conversions and if the site is wind & water tight, we can handle part complete as well.
OUR
ETHOS: With bridging, development and BTL capabilities, we help our clients with custom solutions. We are constantly innovating and launching products. From title split finance to OMV lending, SSAS development finance and hunting licences, we love quirky deals. We’ve funded everything from flats to castles in the past year. Not limited to the UK, we can fund in select European countries, along with Asia and, most recently, Canada. If we don’t already have a solution for your client’s specific needs, we will build one.
WHAT WE SPECIALISE IN:
We specialise in 100% purchase price bridging, OMV bridging, title split finance, lease extensions, bridge to let, desktop/AVM bridging, development exits, commercial conversions and part-complete development sites.
Bridging, Refurbishment Bridging, Bridge-To-Let, OMV lending, Dev exits, C2R, AVM
Charges: 1st, 2nd and equitable
Funding model:
Instititutional and family office
FCA regulated: No
Interest range:
Bridging from 0.74%, Dev exit from 0.94%, AVM from 0.97%, OMV lending from 1.04%
Fixed/variable interest: Fixed
Treatment of interest + default interest:
Retained, serviced, hybrid; default interest varies but generally 2x standard rate
Sectors: Residential, semi-commercial, commercial
Max LTV: 100%
Max LTGDV: 70%
Max LTC: 90%
Min & max loan term: 3–24 months for bridging; 1–10 years for BTL
Min & max loan size: Bridging & BTL: £100,000–£10m
Min property value: £100,000
Valuation retypes: Red Book, retypes or reinspection on panel
Rental calculations & exposure: Varies
Geographical lending areas: UK, Ireland, Canada, Europe and Asia
Types of valuation accepted: Red Book, AVM, desktop, retypes and reinspection
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: N/A
Planning permission needed: Yes
Commission rate: 1% rising to 1.5% based on volume of completions
Associations/Charters: Pending
Types of landlords accepted: SPV, ltd Co, LLP, PLC and trust
Upfront fees: No
Broker portal: No
Early redemption charges: Yes
Investment: Yes
Owner occupied: No
Electronic signatures accepted: Yes
Lending on land: No
Funding 365
WHO WE ARE:
Funding 365 was established in 2013 by structured finance experts who previously led teams at Barclays Capital, Deutsche Bank and Goldman Sachs. Our funding is principal led, which allows us to make our credit decisions swiftly in-house. We also have large institutional funding lines, which enable us to deliver a wide array of loans. We consult with brokers to continually assess and improve our offering and, in the past year, launched a development product and a Northern Ireland bridge product, revamped our stepped rate bridge product and dramatically reduced our interest rates.
OUR ETHOS:
We believe that loans should be transparent. All of our products can be compared online, our terms are clear from the outset and we don’t charge admin fees. Our set-up is just as simple. We don’t have a BDM team and encourage everyone to speak directly to our friendly, decision-making underwriters who aim to deliver credit-backed terms in just one hour and manage each loan from enquiry to redemption. Our products and unparalleled service mean that we’re growing rapidly, with an increase of over 100% in completions in Q1 versus last year.
WHAT WE SPECIALISE IN:
We deliver tailored loans with exceptional efficiency, reliability and communication. We provide a wide range of unregulated bridging loans from highly competitive interest rates for vanilla enquiries to highly bespoke solutions for complicated projects. We also specialise in refurbishment loans up to £5m and small dev loans between £250k and £1.5m.
MEET THE TEAM:
Mike Strange
MANAGING DIRECTOR
0203 950 5280 michael.strange@funding-365.com
Allegra Sykes
SENIOR RELATIONSHIP MANAGER
0203 950 5276 allegra.sykes@funding-365.com
Jon Brooks
SENIOR UNDERWRITER
0203 950 5282 jon.brooks@funding-365.com
Paul Weitzkorn DIRECTOR
0203 950 5278 paul.weitzkorn@funding-365.com
Calum Waite
HEAD OF UNDERWRITING
0203 950 5277 calum.waite@funding-365.com
Krisha Karunananthan
SENIOR UNDERWRITER
0203 950 5300 krisha@funding-365.com
Product types: Bridging, dev and 3-5 year BTL
Charges: 1st
Funding model: Principal led with institutional funding lines
FCA regulated: No
Interest range: Bridging from 0.74% (flat); dev from 0.93%
Fixed/variable interest: Fixed
Treatment of interest + default interest: Retained and serviced; reviewed on a case-by-case basis
Sectors:
Residential, PBSA, HMO, commercial, mixed-use and dev
Max LTV: 75% (plus up to 100% cost of works)
Max LTGDV: 65%
Max LTC: 85%
Min & max loan term: Bridging and dev: 3–24 months; BTL: 3–5 years
Min & max loan size:
£100,000–£5m+
Min property value: £150,000
Valuation retypes: Accepted
Rental calculations & exposure: Case-by-case
Geographical lending areas: England, Wales and Northern Ireland
Types of valuation accepted: Red Book and retypes
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: No
Planning permission needed: Yes
Commission rate: 1–2%
Associations/Charters: N/A
Types of landlords accepted: Ltd co, individual, first-time and portfolio
Upfront fees: No
Broker portal: No
Early redemption charges: No
Investment: Yes
Owner occupied: No
Electronic signatures accepted: Yes
Lending on land: No
Glenhawk
WHO WE ARE:
Glenhawk provides swift, competitive short-term finance, allowing our clients to realise opportunities and progress developments. With a senior leadership team deeply experienced in the real estate and financial worlds, we have a unique understanding of our clients’ challenges and offer a simple, flexible approach that makes us a long-term partner for short-term property finance.
Founded by long-term developer Guy Harrington, Glenhawk is also led by managing director Nick Hilton, who has worked extensively in bridging loans since 2008. Non-executive director Harry Hill contributes his experience as a founder and chairman of Rightmove and CEO of Countrywide.
OUR ETHOS:
Now a leading visionary in the market, Glenhawk was included in the Sunday Times Best Places to Work 2023 list for the pioneering role we have played in mainstreaming and professionalising the UK bridging sector; we also debuted at number 136 in the latest FT 1000. At Glenhawk, we have also committed to planting trees via Ecologi for every loan that we complete, and recently became a member of SME Climate Hub as we look to accelerate on our road to net zero.
WHAT WE SPECIALISE IN:
Glenhawk specialises in bridging finance, including residential development exit, residential purchase, commercial, mixed commercial, second charge, land with planning, refurbishment, large loans and regulated loans.
Funding model Senior funding facilities and forward flow
FCA regulated Yes
Interest range
Non-regulated bridging from 0.83% and regulated bridging from 0.71%
Fixed/variable interest Fixed
Treatment of interest & default interest
Rolled for regulated; retained, and serviced as options on unregulated; rolled for unregulated refurbishment products; default interest discretionary on a case-by-case basis.
Sectors Residential, commercial, mixed commercial, BTL, HMO, MUFB and investment.
Max LTV Regulated & unregulated: 75%
Max LTGDV 75%
Max LTC 90%
Min & max loan term Regulated: 1–12 months; unregulated: 3–24 months
Min & max loan size
Min property value
£100,000–£10m
£100,000
Valuation retypes Yes, at underwriters’ discretion
Rental calculations & exposure N/A
Geographical lending areas England, Wales and Scotland
Types of valuation accepted Full valuation required, short form or Red Book. AVM considered <60% on residential and desktop at <70% for residential
New builds Yes
Heavy Refurb Yes (unreg only)
Grade listed buildings Yes
Green/Sustainable product Yes – EPC Improver initiative offering an incentive for improving residential to rating C or above
Planning permission needed Yes, for refurb
Commission rate Up to 2%
Associations/Charters ASTL and NACFB
Types of landlords accepted Ltd co, LLP, individual, joint venture and portfolio
Upfront fees Yes
Broker portal No
Early redemption charges Yes
Investment Yes
Owner occupied Yes
Electronic signatures accepted Yes
Lending on land Yes, with planning up to 60% LTV
Hana Capital
WHO WE ARE: A privately funded bridging lender, we take pride in handling all decisions in-house. This allows us to process and deliver your loans within days, ensuring a swift, efficient experience.
With decades of experience, we possess the expertise and knowledge to handle your loans with precision and care. Our commitment to excellence means we prioritise quick, efficient service while upholding the highest quality standards.
As a true bridger, we never back down from supporting borrowers or change terms at the 11th hour. Our dedication lies in providing transparent, trustworthy services, free from hidden fees or unexpected expenses.
OUR ETHOS:
At our core is delivering an enhanced lending experience to our valued clients. We offer flexible, exceptional customer service, and complete transparency throughout the process.
As a true bridger, we demonstrate unwavering dedication by never abandoning loans or making abrupt changes to terms. Each case is assessed on its own merits, and solutions are tailored to unique circumstances. We take pride in our ability to be flexible and accommodating, ensuring our clients receive the personalised attention they deserve.
Our client-centric approach has earned us a distinct reputation, setting us apart as a standout player.
WHAT WE SPECIALISE IN:
Hana Capital is a specialist in providing bridging finance for £500,000 and above. We offer unique solutions for borrowers who have faced difficulties in securing funding.
We are committed to flexibility, exceptional service and transparency. Each borrower’s situation is unique, and we strive to provide tailored options.
MEET THE TEAM:
Hersh Patel CEO
0203 882 1125 hp@hanacapital.co.uk
Rajeev Dave
ACCOUNT DIRECTOR 0203 744 8511 rdave@hanacapital.co.uk
Riaz Marzban
ACCOUNT DIRECTOR
0203 882 1125 riaz@hanacapital.co.uk
Jasmine Brown
HEAD UNDERWRITER
0203 882 1125 jasmine@hanacapital.co.uk 128 City Road
EC1V 2NX
Product types: Bridging loans
Charges: 1st
Funding model: HNWs and Institutional funding lines
FCA regulated: No
Interest range: Bridging from 0.89%
Fixed/variable interest: Both fixed and variable rates
Treatment of interest + default interest: Retained and serviced options available or a combination of both
Sectors: Residential, semi-commercial, HMO and PBSA
Max LTV: 70%
Max LTGDV: N/A
Max LTC: 90%
Min & max loan term: 1–24 months
Min & max loan size: £500,000–£50m
Min property value: £500,000
Valuation retypes: Accepted
Rental calculations & exposure: N/A
Geographical lending areas: England
Types of valuation accepted: Red Book and retypes
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: N/A
Planning permission needed: Yes
Commission rate: Negotiable
Associations/Charters: NACFB and FIBA
Types of landlords accepted: All
Upfront fees: No
Broker portal: Yes
Early redemption charges: No
Investment: Yes
Owner occupied: No
Electronic signatures accepted: Yes
Lending on land: No
Hilco Real Estate Finance
WHO WE ARE: Hilco Real Estate Finance UK ‘HREF’ was established in 2023 to serve the UK bridging market, and are part of the Hilco Group which has been established for over 40 years. The group employs over 800 people worldwide, and has AUM of over $3Bn.
With a large capital base and a streamlined credit process, we complete deals quickly, and will not hold up any process, typical completion times of 3 weeks post signing of terms.
Borrower to pay valuation fee and legal cost undertaking.
Fee structure typically, arrangement fee plus interest charges. Interest can be retained or cash paid or a combination of both, we offer competitive pricing models.
OUR ETHOS: HREF have significant capital to deploy and expect to complete on several Hundred Million £s of deals in 2024/25.
We pride ourselves on our ability to provide tailored finance solutions that meet the specific needs of our clients. We look at each transaction on its own merits, and can lend on any sector, any situation, and anywhere in the UK. Single ‘common sense’ underwriting decision under the control of UK management leading to quick flexible decisions.
Very keen to work with the intermediary market, and will pay appropriate fees.
WHAT WE SPECIALISE IN:
Bridging Finance, all of UK, any sector, any situation, loans from £1m+ with capability to write loans of £50m+. Very experienced team looking at each situation on its own merits.
Funded via Hilco Group and independent funding lines
FCA regulated No, but registered for AML / KYC purposes
Interest range Bridging from 0.85% per month
Fixed/variable interest
Treatment of interest & default interest
Fixed and variable offered (variable dependent on transaction size)
Interest can be rolled or serviced, or a combination of both (flexible criteria); default interest variable per transaction
Sectors All sectors considered
Max LTV
80%
Max LTGDV N/A
Max LTC 80%
Min & max loan term 24 months max, min by negotiation
Min & max loan size
Min property value
£1m–no max
£1.25m
Valuation retypes Yes
Rental calculations & exposure Per deal basis
Geographical lending areas UK
Types of valuation accepted Full Red Book
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product Yes
Planning permission needed Yes
Commission rate By negotiation
Associations/Charters NACFB
Types of landlords accepted All
Upfront fees Yes, by negotiation
Broker portal No
Early redemption charges Yes, if within min period
Investment Yes
Owner occupied Yes
Electronic signatures accepted Yes
Lending on land Yes
InterBay
WHO WE ARE: InterBay specialises in commercial, semi-commercial and buy-to-let mortgages as well as bridging and developer exit finance. Our in-house experts, including a national sales team as well as underwriting, real estate and completions specialists, work together to provide bespoke solutions for brokers. With our extensive market knowledge, experienced team and range of products, we look to lend and have the ability to look outside our standard criteria.
OUR ETHOS: We understand the importance of building strong, long-lasting relationships with our brokers and are keen to work alongside them so that we can find the best possible solution for their clients. Leveraging our extensive market knowledge, we look to say “yes” where others say “no”.
WHAT WE SPECIALISE IN: We specialise in commercial, semi-commercial and buy-to-let mortgages and bridging developer exit finance.
MEET THE TEAM:
Online live chat https://www.interbay.co.uk/contact-us
National Specialist Finance sales team www.interbay.co.uk/sales-team
Telephone support 0345 878 7000
Solent Business Park Forum 4 Whiteley, Fareham Hampshire PO15 7AD
www.interbay.co.uk enquiries@interbayuk.com
Product types
Commercial, semi-commercial and BTL mortgages. Bridging and dev exit finance select club brokers
Charges 1st
Funding model
Retail deposits
FCA regulated No
Interest range
Refer to website
Fixed/variable interest Fixed
Treatment of interest & default interest
Sectors
Max LTV
Max LTGDV
Max LTC
Refer to website
Retail, light industrial, offices, food outlets, children’s day nurseries, pharmacies, and GP and dental surgeries
75%
Product type dependent – refer to website
Product type dependent – refer to website
Min & max loan term 2–30 years
Min & max loan size
Min property value
£200,000; no maximum
BTL: £75,000; commercial: £150,000
Valuation retypes Yes – refer to account manager
Rental calculations & exposure Property and customer type dependant – refer to website
Geographical lending areas England and Wales
Types of valuation accepted Short and long form
New builds Yes
Heavy Refurb Yes
Grade listed buildings Grade II and Grade II*
Green/Sustainable product EPC reductions via Select Club brokers
Planning permission needed Yes
Commission rate
Speak to our national specialist finance sales team
Associations/Charters UK Finance, IMLA, AMI, FLA, NACFB, FIBA and the Financial Services Forum
Types of landlords accepted Portfolio, non portfolio, HMO, SPVs, trading company, trust and SIPP/SASS
Upfront fees Yes
Broker portal Yes
Early redemption charges Yes
Investment Yes
Owner occupied Yes
Electronic signatures accepted No
Lending on land No
InterBay Asset Finance
WHO WE ARE:
Our asset finance team has the experience and expertise to support Hire Purchase, Leasing and Refinancing requirements, helping businesses grow, develop and reach their true potential.
With over 150 years of combined asset-based lending experience, our team will take the time to understand your individual requirements and find the most appropriate solution possible.
• Service — Provide outstanding customer support, with efficient turnaround times so our brokers trust us to get their deals over the line.
• Flexibility — We understand that every business is unique, so we tailor our solutions and remain flexible in our approach.
• Relationships — We work to create strong relationships built on trust, knowledge and expertise.
OUR ETHOS:
At InterBay Asset Finance, we began with a simple vision: to be a lender that unlocks businesses’ potential. Everything we do is geared towards making our products and services work for every broker and customer. We understand how important your business is to you. So, we treat every case with the respect it deserves and take as much of the hassle away as possible to make it an enjoyable experience.
WHAT WE SPECIALISE IN:
We specialise in Hire Purchase, Finance Lease and Refinance
MEET THE TEAM: For more information, get in touch with our asset finance experts on 0345 120 2007.
Product types Hire Purchase, Finance Lease and Refinance
Charges
Funding model
Product type dependant – contact us
Retail deposits
FCA regulated Yes
Interest range
Fixed/variable interest
Treatment of interest & default interest
Sectors
Max LTV
Max LTGDV
Max LTC
Min & max loan term
Min & max loan size
Min property value
Valuation retypes
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Rental calculations & exposure N/A
Geographical lending areas England, Wales and parts of Scotland
Types of valuation accepted N/A
New builds N/A
Heavy Refurb N/A
Grade listed buildings N/A
Green/Sustainable product No
Planning permission needed N/A
Commission rate
Associations/Charters
Product type dependant – contact us
Product type dependant – contact us
Types of landlords accepted N/A
Upfront fees
Product type dependant – contact us
Broker portal No
Early redemption charges
Investment
Owner occupied
Product type dependant – contact us
Product type dependant – contact us
Product type dependant – contact us
Electronic signatures accepted Product type dependant – contact us
Lending on land
Product type dependant – contact us
With over 150 years of asset-based lending experience combined, our team has the knowledge and expertise to support Hire Purchase, Leasing and Refinancing requirements, helping businesses grow, develop and reach their true potential.
KHK Capital
WHO WE ARE: KHK are a boutique bridging lender, established in 2016 offering a no-nonsense approach with fast completions. KHK are best placed to assist with auction/quick purchases, HMO conversions and PD schemes. Loans from £200,000–£5m+. We take a holistic view of every deal and utilise our many years of combined experience to reach the best outcome for you and your client.
OUR ETHOS: We truly take the time to understand the deal and work with you and your client to reach the best outcome. We do not shy away from credit blips or difficult properties and have the expertise to deliver. We are a relationship lender, priding ourselves with customer satisfaction. Our ever-growing loan book speaks for itself being built to date on repeat clientele and their introductions.
WHAT WE SPECIALISE IN:
KHK love a straight bridge with tight timescales, but also in our bag is expertise in HMO conversions, PD schemes, part-built schemes, we will also consider ground up developments and have funded a number of airspace developments. We have the ability to structure complex deals, utilising, 1st and 2nd charges but also third-party charges and have agreed equitables previously.
MEET THE TEAM:
Dov Ezekiel BUSINESS DEVELOPMENT MANAGER
07523 698 122 dov@khkcapital.co.uk
Dawn Trustam
SENIOR BUSINESS DEVELOPMENT MANAGER
07856 907 002 dawn@khkcapital.co.uk
Sonny Gohel
SENIOR UNDERWRITER AND PORTFOLIO MANAGER
07842 024 971 sonny@khkcapital.co.uk
7 Stratford Place London England W1C 1AY
www.khkcapital.co.uk
office@khkcapital.co.uk
Product types:
Bridging, development, and refurbishment bridge Charges: 1st and 2nd
Funding model: High net worths and committed bank line
FCA regulated: No
Interest range: Bridging from 1%; dev from 1.2%
Fixed/variable interest: Variable
Treatment of interest + default interest: Rolled, retained, serviced
Sectors:
Residential, single and multiple units, Residential Development, Commercial to include: Office, Industrial, Retail and Hospitality
Max LTV: 75% on the OMV
Max LTGDV: Max 70%
Max LTC: 85% +
Min & max loan term: Min 1 month by prior agreement; max loan term 24 months
Min & max loan size: Min £200,000 (lower by prior agreement); max £5m (can go higher, subject to underwriters discretion)
Min property value: £200,000
Valuation retypes: Yes
Rental calculations & exposure: Will review if exit is refinance
Geographical lending areas: England and Wales
Types of valuation accepted: AVMs, re-types, Red Book
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: No
Planning permission needed: No
Commission rate: From 1%
Associations/Charters: None
Types of landlords accepted: Limited companies/individual/first-time/portfolio
Upfront fees: No
Broker portal: No
Early redemption charges: No
Investment: Yes
Owner occupied: Yes, subject to underwriters discretion
Electronic signatures accepted: Yes, subject to underwriters discretion
Lending on land: Yes, as part of wider transation
Kuflink
WHO WE ARE:
Established over a decade ago, Kuflink provides bridging and development finance to its brokers and their clients. The company continues to be a leader in the field of financial solutions, setting new standards for innovation and alternative lending, earning a multitude of awards since its inception. You can be confident that your project will be handled quickly and efficiently with the help of an experienced team. At Kuflink, we understand that time is of the essence when it comes to bridging loans. Therefore, we have created an efficient service that delivers the necessary finance quickly and with ease, so your customers can take advantage of the benefits without delay.
OUR ETHOS:
Responsible lending and ensuring good outcomes for clients is at the core of our business. Kuflink is human-centric with a key focus on customer service and tailoring our products to meet the unique needs of clients. We continuously seek new and better ways to serve our brokers and their clients, embracing new technologies whilst working towards a paperless business. We are committed to contributing to the communities we serve, supporting local initiatives, and aiding in economic growth.
WHAT WE SPECIALISE IN:
Kuflink specialises in short-term bridging loans, mezzanine second charge loans, development finance, equitable charges and auction purchase finance. We have an experienced team who provide a tailored service to brokers enabling their clients to achieve their property goals. Kuflink offers desktop valuations, AVMs and Drive-Bys on bridging loans, understanding that speed is crucial when it comes to obtaining funds.
LendInvest provides fast, flexible property finance to property investors, developers and portfolio landlords. Offering a range of bridging loans, development finance, BTL and residential mortgages, we combine our industry expertise with technology to make obtaining finance easier. We provide the best service to property professionals and our intermediary partners. With us, you can submit bridging enquiries in just 10 clicks and our market-leading technology makes every deal faster. Offers include free valuation and legals on standard properties when transitioning from bridge to BTL.
OUR ETHOS:
LendInvest’s mission is to make mortgages simple and, as a result, technology underpins everything we do. Supported by our in-house expertise, we make the process of applying for a mortgage or financing easier for your clients. Additionally, ESG is also a big part of our identity. We reward borrowers that consider the environment and the communities they serve. You can find more on our ESG policy at https://corporate.lendinvest.com/about-us/esg/
WHAT WE SPECIALISE IN:
We specialise in regulated and unregulated bridging finance including refurbishment and development exit financing for development projects from new builds to heavy refurbishment. We offer fixed and tracker BTLs for standard properties, HMOs and MUFBs, as well as residential mortgages for borrowers with adverse credit or complex cases.
MEET THE TEAM:
Leanne Ardron
HEAD OF BRIDGING
0203 846 6886 leanne@lendinvest.com
Mia Colgan
BRIDGING BDM
0203 846 6886 mia.colgan@lendinvest.com
Daryl Sabatini
BRIDGING BDM
0203 846 6886 daryl.sabatini@lendinvest.com
Victoria Barnard
BRIDGING BDM
0203 846 6886 victoria.barnard@lendinvest.com
Michael Minnie SENIOR BDM
0203 846 6886 michael@lendinvest.com
Product types
All unregulated, regulated, refurbishment, dev and dev exit Charges 1st and 2nd
Funding model
Institutional lines, retail bonds and investment funds
FCA regulated Yes
Interest range
Bridging from 0.89%; dev from 6% + BBR
Fixed/variable interest Both (depending on product)
Treatment of interest & default interest
Sectors
Max LTV
Rolled, retained, stepped or serviced (depending on the product)
Residential, commercial, development and land
Unregulated bridging 85%; regulated bridging 65%
Max LTGDV 75%
Max LTC 90%
Min & max loan term
Min & max loan size
Min property value
Bridging: up to 18 months; regulated bridging: up to 12 months
Bridging: £75,000-£30m on resi (min on commercial and land is £200,000); dev: £1m-£20m
£100,000
Valuation retypes Yes
Rental calculations & exposure N/A
Geographical lending areas England, Scotland and Wales
Types of valuation accepted AVMs, retypes and Red Book
New builds Yes
Heavy Refurb Ye
Grade listed buildings Yes
Green/Sustainable product Yes
Planning permission needed No
Commission rate Up to 2%
Associations/Charters NACFB, FIBA, ASTL, UK Finance and IMLA
Types of landlords accepted Ltd co, individual and portfolio, first-time
Upfront fees No
Broker portal Yes
Early redemption charges No
Investment Yes
Owner occupied Yes
Electronic signatures accepted Yes
Lending on land Yes
Lightfoots Solicitors
WHO WE ARE: For over 40 years Lightfoots Solicitors has provided a litigation and conveyancing service for lenders, giving the benefit of using one provider from start to finish. Small enough to provide innovative solutions tailored to each client but big enough to always have the resource and skill to deliver, we are proud to operate in a way that truly puts our clients first. With distinct yet complementary service lines, we are with our clients for all of their legal needs in lending, in business and in life.
OUR
ETHOS: Lightfoots Solicitors provide a first-class service in line with our core values – integrity, agility, diversity, teamwork and excellence – across our product range. Our award-winning lender services team supports clients to help them achieve their aims and consistently delivers additional value. We strive to maintain the high standards and level of service we have become synonymous with, regardless of the volume and growth of our client base. We work hard to build, manage and maintain strong and lasting working relationships.
London Credit, an experienced principal lender with over 13 years in the market, delivers fast and swift financing through streamlined application processes. With ample resources and a proficient team, we ensure efficient completion of bridging enquiries. As part of a large group specialising in investments and real estate management, we have a wealth of expertise to draw on. We provide offers within hours, complete due diligence checks in 24–48 hours and use experienced solicitors to overcome obstacles. Client satisfaction and delivering what we promise are our priorities, and our straightforward process has no hidden fees.
OUR ETHOS:
London Credit is steadfast in fulfilling commitments. Our experienced professionals are dedicated to providing outstanding support and customised solutions that surpass expectations. Through close collaboration with introducers and clients alike, we meticulously tailor solutions to meet their requirements spanning from pre-drawdown through term to post-redemption. Our unwavering dedication to client satisfaction ensures a high level of professionalism in loan execution and management. Our financing process is straightforward and user friendly, prioritising ease of use for our valued clients.
WHAT WE SPECIALISE IN:
As a principal lender, London Credit provides fit-for-purpose specialist funding. We offer competitive short-term loans through our extensive funding and experienced team. We specialise in bridging loans for residential, semi-commercial and commercial properties, and aim to provide confidence that all enquiries are completed smoothly and on time.
Product types: Bridging, development and refurbishment Charges: 1st and 2nd
Funding model: Equity, private and institutional investors and funding lines
FCA regulated: No
Interest range: From 0.77%
Fixed/variable interest: Fixed
Treatment of interest + default interest: Rolled up, retained, serviced; interest is charged daily, not monthly
Sectors: Residential, commercial and semi-commercial
Max LTV: 70% residential; 65% commercial and mixed
Max LTGDV: N/A
Max LTC: N/A
Min & max loan term: 3–18 months
Min & max loan size: £100,000–£3m
Min property value: £200,000
Valuation retypes: Case-by-case
Rental calculations & exposure: N/A
Geographical lending areas: England
Types of valuation accepted: Red Book
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: No
Planning permission needed: Yes
Commission rate: Up to 2.25%
Associations/Charters: NACFB and ASTL
Types of landlords accepted: Ltd co, individual, first-time and portfolio
Upfront fees: No
Broker portal: No
Early redemption charges: No
Investment: Yes
Owner occupied: No
Electronic signatures accepted: No
Lending on land: No
Market Financial Solutions (MFS)
WHO WE ARE: Market Financial Solutions is a specialist lender providing bridging loans and bespoke BTL mortgages to property investors. We were founded in 2006 and, since that time, we have never stopped lending. We’re there for individual investors, corporate borrowers, portfolio landlords and more. Our broad range of products can be used for a range of investments. We have funding available for standard residential or commercial purchases, through to complex finance for expats or complicated business set-ups. We underwrite from day one and we look for reasons to lend rather than finding excuses not to.
OUR ETHOS: We’re there for property investors who may not get very far with high-street, mainstream lenders. Our funding is designed from the ground up to accommodate the real financial world and various economic challenges. That means we’re there for borrowers who may have CCJs, bankruptcies or missed payments to their names. We prioritise speed and flexibility in our underwriting. We’re able to have funding delivered in as little as three days from an enquiry, where everything lines up. Also, we tailor our loans to our client’s circumstances, ensuring their loan works for their situation.
WHAT WE SPECIALISE IN:
We specialise in bespoke, short-term bridging finance for property-related investments as well as specialist BTL mortgages for landlords.
HEAD OF BRIDGING UNDERWRITING - BUSINESS DEVELOPMENT &AND NETWORKS
07508 148 174 0207 060 1234 richard@mfsuk.com
Scott Lord
HEAD OF BRIDGING UNDERWRITING – DIRECT BROKERS & AND CLIENTS
07931 668 852 0207 060 1234 scott@mfsuk.com 46
Product types: Bridging loans and BTL mortgages
Charges: 1st and 2nd
Funding model: Funding secured from multiple institutional investors
FCA regulated: No
Interest range:
Bridging from 0.39% + BBR; BTL from 0.06% + BBR
Fixed/variable interest: Bridging fixed and variable; BTL fixed and tracker
Treatment of interest + default interest: Rolled, retained, serviced, combined and deferred
Sectors:
Residential, commercial, semi-commercial and BTL
Max LTV: 75%
Max LTGDV: N/A
Max LTC: N/A
Min & max loan term: Bridging 3–24 months; BTL up to 10 years
Min & max loan size: Bridging £100,000–£50m; BTL £150,000–£10m
Min property value: £140,000
Valuation retypes: Retypes considered within 3 months
Rental calculations & exposure: BTL ICR from 125%
Geographical lending areas: England, Wales and Singapore
Types of valuation accepted: Long form and Red Book
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: No
Planning permission needed: Yes
Commission rate:
Bridging from 1.1%; BTL from 1%
Associations/Charters: NACFB, FIBA, ASTL and IMLA
Types of landlords accepted: Ltd co, individual, first-time and portfolio
Upfront fees: Yes
Broker portal: No
Early redemption charges: Yes
Investment: Yes
Owner occupied: Yes
Electronic signatures accepted: Yes
Lending on land: No
Moody Venture Capital LLP
WHO WE ARE: MVC is a family-owned residential development funder. We are run by experienced property professionals with extensive first-hand development experience and we have been lending to small and medium sized developers and builders for almost 20 years. We regularly receive repeat business from developers and we have long established relationships, several of which go back over 10 years.
We are a small team and developers deal with the same people from first contact through to completion of the development. This also makes the decision-making process fast. We carry out valuations and cost assessments in-house so there are no delays waiting for external valuers, quantity surveyors or remote underwriters/credit committees. The result is quick decisions throughout the funding process.
OUR ETHOS: We are traditional in our approach and pride ourselves in providing an excellent service. We are looking to build long term relationships based on trust and performance.
WHAT WE SPECIALISE IN:
Our product is simple: we provide senior funding for residential development. Our offers are easy to understand, transparent and we do not have hidden charges or fees. We lend up to 65% of GDV and our loans are typically £750k to £4m. Geographically we cover most of England, from Devon in the Southwest to Manchester/Leeds in the North and everywhere in between.
Moody House 106-108 High Street Ingatestone, Essex CM4 0BA
www.mvcfinance.co.uk enquiries@mvcfinance.co.uk
Product types Development Charges 1st
Funding model In-house funds
FCA regulated No
Interest range Development from 8%
Fixed/variable interest Fixed
Treatment of interest & default interest Rolled quarterly
Sectors Residential
Max LTV N/A
Max LTGDV 65%
Max LTC 85%
Min & max loan term 12–18 months
Min & max loan size £750,000–£4.5m
Min property value N/A
Valuation retypes Yes
Rental calculations & exposure N/A
Geographical lending areas England & Wales
Types of valuation accepted In-house only
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product Yes
Planning permission needed Yes
Commission rate Negotiable
Associations/Charters N/A
Types of landlords accepted N/A
Upfront fees Yes
Broker portal No
Early redemption charges No
Investment No
Owner occupied No
Electronic signatures accepted Negotiable
Lending on land No
Morpheus Lending
WHO WE ARE: Morpheus was created to innovate and disrupt the bridging sector, bringing together an unrivalled combination of specialist lending experience and market leading technology. We’re bring a fresh approach to the industry, focussed on delivering an exceptional customer experience. We combine over 250 years of specialist lending experience with cutting edge technology, ensuring that our professional team carefully considers each deal to provide a bespoke solution tailed to your customer’s needs. We have custom built our secure intuitive app and broker platform that eliminates paperwork and streamlines the entire process from application to drawdown of funds. Ultimately meaning that you can access funding quicker than other traditional lenders.
OUR ETHOS: At Morpheus, we’re committed to delivering a step-change in the borrowing experience – increasing efficiency, transparency, security and access at all stages. Our goal is to build sustainable and lasting relationships by putting customer’s needs first. We want to offer brokers and customers the best experience in the bridging market, by combining technology and human experience to simplify and enhance all interactions.
WHAT WE SPECIALISE IN:
We specialise in non-regulated bridging finance, including residential investment, semi-commercial and commercial properties. We are committed to customer service, flexibility and transparency with our bridging offering.
MEET THE TEAM:
Matthew Mawdesley CEO & CO FOUNDER
07791 892 082 matt@morpheuslending.co.uk
Richard Lawton OPERATIONS DIRECTOR
07821 234 465 richard@morpheuslending.co.uk
Ministry of Work
41 New Cross Street Swinton, Manchester M27 4TU
morpheuslending.co.uk
enquiries@morpheuslending. co.uk
Product types
Non-regulated bridging for residential, semi commercial and commercial properties
Charges 1st and 2nd (2nd Charge only as additional security)
Funding model Funded by HNW, family offices and investment
FCA regulated No
Interest range
Bridging from 0.89%
Fixed/variable interest Fixed
Treatment of interest & default interest
Rolled, retained, serviced; default interest N/A
Sectors Residential investment, semi commercial, commercial and refurbishment
Max LTV 75%
Max LTGDV N/A
Max LTC N/A
Min & max loan term 1–18 months
Min & max loan size
Min property value
£100,000–£750,000
£100,000
Valuation retypes Yes, subject to referral
Rental calculations & exposure N/A
Geographical lending areas England and Wales
Types of valuation accepted AVMs, re-types, Red Book and short form
New builds Yes
Heavy Refurb No
Grade listed buildings Grade 2 listed in England and Wales
Green/Sustainable product To be rolled out later in 2024
Planning permission needed Yes
Commission rate Up to 1.5%
Associations/Charters N/A
Types of landlords accepted Limited companies, individual, portfolio
Upfront fees Yes, valuation and administration fee
Broker portal Yes, platform for broker, applicant, solicitor and lender
Early redemption charges No
Investment Yes
Owner occupied No
Electronic signatures accepted Yes
Lending on land No
MS Lending Group
WHO WE ARE: Set up in 2021 and offering no minimum loan size from the start, the company has grown to 18 members of staff and lent over £250m. MS Lending Group is a fast, flexible and reliable bridging lender. We respond to all new enquiries within a couple of hours, and offer terms and instruct the same day. We don’t believe in upfront costs, and all loans are individually underwritten. Our average completion time is 14 days and we can complete without a valuation. Bridging should be fast – and MS Lending Group is exactly that.
OUR ETHOS:
We’re not tick box, and we don’t believe bridging should be either. We are proactive and relentless in seeking the best outcome for our clients. We pride ourselves on doing exactly what we say we will do. And our reputation and feedback in the industry are testament to our great service. We are here to innovate bridging, offering no minimum loan size, no valuation, day rate bridging and more.
WHAT WE SPECIALISE IN:
Our speed and service make us the fastest lender in the market, instructing the same day. We are flexible, with a case-by-case approach and no strict criteria and checklists. We are reliable: if we say we will do it, no way will we let you down.
MEET THE TEAM:
Michael Stratton
CEO &AND FOUNDER
0161 823 7993
michael@mslendinggroup.co.uk
Lee Moran RELATIONSHIP MANAGER (THE SOUTH)
07775 108 809
leemoran@mslendinggroup.co.uk
Adam Tauber HEAD OF SALES
07778 638 440 adamtauber@mslendinggroup.co.uk
Beth Kellett
INTERNAL RELATIONSHIP MANAGER
0161 823 7993
bethanykellett@mslendinggroup.co.uk
Cypress House Grove Street Wilmslow Cheshire SK9 5EG
Treatment of interest + default interest: Options of fully retained, part serviced, part retained and rolled
Sectors: Residential, commercial, semi-commercial, HMO and industrial
Max LTV: 85%
Max LTGDV: N/A
Max LTC: N/A
Min & max loan term: No min; max 18 months
Min & max loan size: No min; no max
Min property value: No min
Valuation retypes: Yes
Rental calculations & exposure: N/A
Geographical lending areas: England, Wales and Scotland
Types of valuation accepted: AVMs, desktop, retypes, Red Book and no valuation
New builds: Yes
Heavy Refurb: No
Grade listed buildings: Yes
Green/sustainable product: Yes, EPC and social housing; £1,000 back if you improve EPC rating
Planning permission needed: No
Commission rate: Up to 2%
Associations/Charters: Registered with FCA
Types of landlords accepted: All
Upfront fees: No
Broker portal: No
Early redemption charges: Yes
Investment: Yes
Owner occupied: Yes
Electronic signatures accepted: Yes
Lending on land: Yes
Octane Capital
WHO WE ARE: Octane Capital is a short-term lender with a rich history. Our roots in specialist lending date back to 2009 and our team has lent over £4 billion since.
Our founders, Jonathan Samuels and Matt Smith, were behind the creation, rise and sale of Dragonfly Property Finance, a successful specialist lender, prior to launching Octane.
We offer bridging, refurbishment and developer exit finance, with one of the cheapest rates in the market (0.33% per month + BBR). We launched Octane in 2017 and are proud to have lent over £1.5 billion since.
OUR ETHOS:
Our emphasis is on certainty, delivery and service. We are committed to:
• certainty: our funding line is also an equity partner in Octane, which gives us long-term stability and the ability to lend at scale
• delivery: we have assembled one of the market’s most experienced teams to ensure we have the best chance of delivering for your clients
• service: whether it’s providing credit-backed terms in two hours, fully underwriting new applications in 48 or responding to all underwriting queries within 24, we believe we provide industry-leading service levels
WHAT WE SPECIALISE IN:
We specialise in short-term finance secured on residential and semi-commercial property. We fund refurbishment projects of all shapes and sizes – including light, heavy, structural and change-of-use projects. And we have a strong appetite for developer exit loans, including those not yet at practical completion.
MEET THE TEAM:
Jonathan Samuels
CEO
0345 222 9009 jonathan@octanecapital.co.uk
Richard Deacon
MANAGING DIRECTOR (SALES)
07817 822 554 richard.deacon@octanecapital.co.uk
Haskell House 152 West End Lane London NW6 1SD
Matt Smith
DIRECTOR OF CREDIT
07813 577 584 matt@octanecapital.co.uk
Josh Knight
SALES AND MARKETING DIRECTOR
07741 591 922 josh@octanecapital.co.uk
www.octanecapital.co.uk deals@octanecapital.co.uk
Product types
Bridging, refurb and dev exit finance Charges 1st
Funding model
Octane is a JV with our funding line, an asset management firm with substantial assets under management
FCA regulated No
Interest range
Bridging and dev exit loans from 0.33% per month + BBR; refurb loans from 0.35% per month + BBR
Fixed/variable interest Variable – linked to BBR
Treatment of interest & default interest
Sectors
Rolled; we typically charge a 1.5% extension fee for a 6-month extension. Interest accrues daily, we do not load the interest rate and we do not charge exit fees
Residential and semi-commercial property, commercial and land with planning can be considered at low LTVs
Max LTV 70%; for refurbishments, it’s 70% LTV net day one
Max LTGDV 70%
Max LTC 80%
Min & max loan term 6–24 months
Min & max loan size
Min property value
£100,000–£20m
£200,000, but with flexibility if the minimum loan size is met
Valuation retypes Yes
Rental calculations & exposure N/A
Geographical lending areas Mainland England
Types of valuation accepted Red Book and retypes
New builds Yes
Heavy Refurb Yes
Grade listed buildings No
Green/Sustainable product No
Planning permission needed No
Commission rate Up to 2%
Associations/Charters No
Types of landlords accepted Most borrower profiles acceptable. Personal, company, offshore company, trusts, foreign nationals, expats, first-time buyers/landlords and first-time developers
Upfront fees No
Broker portal Yes
Early redemption charges No
Investment Yes
Owner occupied No
Electronic signatures accepted Yes, at application stage; wet signatures needed for the loan documents
Lending on land
Yes, with full planning permission, at lower LTVs
WHO WE ARE: Established in 2012, Pivot was incubated by an established residential development group. Pivot is now private equity backed and further institutional capital has been secured to support its growth strategy to build the lending offering in 2024 and beyond. The business offers development (and bridging) facilities of between £750,000 and £10m.
OUR ETHOS: Pivot was established to provide finance to enable progress across the property lifecycle. Using flexible funding arrangements, the business is able to be a bespoke underwriter of risk. Funding is provided via multiple institutional facilities and the business has over £100m of capital available to deploy in 2024.
WHAT WE SPECIALISE IN:
While Pivot is a specialist residential development lender, the business can also provide short-term bridge finance secured against residential and commercial properties as well as consented land. Refurbishment loans can also be provided (light or heavy) to refurbish and convert to residential assets.
MEET THE TEAM:
Andreas Yianni COMMERCIAL DIRECTOR
07888 814 001 andreas@pivotfinance.co.uk
Valan Redmond RELATIONSHIP DIRECTOR
07770 171 274 valan@pivotfinance.co.uk
Harrison Barker-Smith RELATIONSHIP DIRECTOR
07548 701 075 harrison@pivotfinance.co.uk
Matthew Kerchner RELATIONSHIP DIRECTOR
07387 814 886 matthew.k@pivotfinance.co.uk
17-19 Maddox Street London, W1S 2QH
Product types: Dev and bridging
Charges: 1st and 2nd (if additional security)
Funding model: 100% institutionally funded via multiple funders
FCA regulated: No
Interest range: 6–8.5% pa
Fixed/variable interest: Variable
Treatment of interest + default interest: Interest can be serviced, rolled or retained; default up to 2% pcm
Sectors: Residential, commercial (any use class) and land with planning
Max LTV: 75% residential; 65% commercial; and 55% land
Max LTGDV: 70%
Max LTC: 95%
Min & max loan term: 3–24 months
Min & max loan size: £10m
Min property value: N/A
Valuation retypes: Yes
Rental calculations & exposure: N/A
Geographical lending areas: England and Wales
Types of valuation accepted: Red Book; desktop accepted for resi bridging <£1m
New builds: Yes
Heavy Refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: N/A
Planning permission needed: Yes
Commission rate: Typically 1%, or 50% of the arrangement fee
Associations/Charters: NACFB
Types of landlords accepted: Ltd co, individual,first-time and portfolio
Upfront fees: Yes
Broker portal: No
Early redemption charges: No
Investment: Yes
Owner occupied: No
Electronic signatures accepted: Yes
Lending on land: Yes
Precise
WHO WE ARE: We believe lending doesn’t need to be complicated, so our approach is simple. We provide the products you need, when you need them. And when it comes to bridging, we know our stuff. Our Specialist Finance sales team are skilled in regulated and unregulated bridging finance so if you’ve got a case, speak to them. As part of OSB Group, they’re also able to discuss cases that might suit InterBay, saving you valuable time and effort.
OUR ETHOS: We support the changing needs of the market, using products, criteria and decisive processes to provide solutions for brokers and their customers.
WHAT WE SPECIALISE IN:
We specialise in bridging finance, residential and BTL
Rental calculations & exposure Product/applicant specific – refer to website
Geographical lending areas England, Wales and parts of Scotland
Types of valuation accepted AVMs up to 60% LTV for bridging finance and short form
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes, grade II England and Wales; grade C Scotland
Green/Sustainable product No
Planning permission needed Yes, for heavy/tier 2 refurb
Commission rate
Speak to our national sales team
Associations/Charters UK Finance, IMLA, AMI, FLA, NACFB, FIBA, and the Financial Services Forum
Types of landlords accepted HMO, ltd co and portfolio
Upfront fees
Only upfront fee is the valuation fee – refer to website
Broker portal Yes for first charge lending, no for bridging
Early redemption charges Product type dependent – refer to website
Investment Yes
Owner occupied Yes
Electronic signatures accepted Yes
Lending on land No
Puma Property Finance
WHO WE ARE: We are a UK development finance specialist lender that has funded over £2bn in property developments across the UK. We provide first-charge loans from £10m-£50m+ to developers and professional property investors and have funded schemes across a range of commercial and residential sectors that support the UK’s growth.
As a lender that looks across the whole market, we are able to offer competitive terms to a far wider range of projects than mainstream lenders. Our team delivers a bespoke, tailored approach with fast and transparent decision making.
OUR
ETHOS: We are a relationship-based lender with permanent capital available and ready to deploy. Relationships are at the core of our business, with half of our lending every year coming from repeat clients. When you transact with us, you will have a relationship director who will be your primary contact for the whole duration of the loan.
We take both our environmental and social responsibilities very seriously. Our Impact Lending Framework is an innovative lending offering that provides material financial benefits to developers who are implementing measures in their vision and designs that deliver meaningful change.
WHAT WE SPECIALISE IN:
We provide funding solutions across the breadth of the UK, with loans ranging from £10 million to £50+ million to finance residential and commercial developments across all sectors of UK real estate, from care homes to life sciences to student accommodation.
Development loans and stabilisation loans (post-PC)
Charges 1st
Funding model
Existing established lending vehicles and institutional forward funding lines
FCA regulated No
Interest range
Dev loans: margin over SONIA, from 4.25% p.a. / fixed rates from 9%
Stabilisation loans: margin over SONIA, from 3.95% p.a. / fixed rate from 8.95%
Fixed/variable interest Variable
Treatment of interest & default
interest
Sectors
Rolled for development, rolled/serviced for stabilisation. Dependent on scenario, but typically seek to rectify default through restructure or facility amendment/waiver first.
All sectors for development including residential (build to sell, build to rent, co-living), commercial, student, hotel and healthcare
Max LTV 70% for stabilisation loans
Max LTGDV 70% for dev loans
Max LTC 85%
Min & max loan term Up to 36 months
Min & max loan size £10m–£50m (larger deals can be arranged)
Min property value N/A
Valuation retypes No
Rental calculations & exposure N/A
Geographical lending areas UK
Types of valuation accepted Red Book
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product Yes (Impact Lending Framework – see website for details)
Planning permission needed Yes
Commission rate N/A
Associations/Charters N/A
Types of landlords accepted Corporate only
Upfront fees Yes
Broker portal No
Early redemption charges Negotiable
Investment Yes, stabilisation loans up to 36 months
Owner occupied No
Electronic signatures accepted Yes
Lending on land No
Ronoco Capital
WHO WE ARE:
Ronoco Capital provides a fast and flexible partnership approach to bridging lending. Funded by property developers and investors with over £100m deployed across southern England and London, we pride ourselves in our ability and knowledge to make immediate decisions followed by quick and efficient closing times due to our internal funding capabilities. Ronoco looks to partner with all borrowers with no strict lending requirements – all prospective loans are looked at on a deal-by-deal basis with facilities structured to align with funding needs.
OUR ETHOS:
Ronoco is privately funded by experienced property developers who have deployed substantial capital in mixed-use developments throughout the UK over the past 50 years, providing us with acute knowledge across the living, commercial and alternative sectors. With our expertise in all stages of the development process, we are ready to deploy significant capital in the next year throughout the funding stack and offer competitive terms for a range of funding requirements.
WHAT WE SPECIALISE IN:
Our funding terms remain flexible and competitive with no strict lending requirement. We differentiate ourselves through our streamlined credit process as well as our strong knowledge of the property sector, allowing us to pursue funding opportunities where traditional banks and institutionally funded lenders lack understanding or flexibility.
MEET THE TEAM:
Mark O’Connor DIRECTOR
07970 246 837 mark@ronoco.co.uk
Pavanbir Toor ANALYST
07941 633 069 pav@ronoco.co.uk
Granard Business Centre Bunns Lane London NW7 2DQ
www.ronococapital.com sales@ronoco.co.uk
Product types: Bridging Charges: 1st and 2nd
Funding model: Private Investors and HNWs
FCA Regulated: No
Interest Range: From 0.85% pcm
Fixed/variable interest: Variable
Treatment of Interest + default interest:
Retained or serviced; default interest dependent on scenario; we look to rectify through facility amendments or other arrangements before enforcing higher rates
Sectors: Residential, land, investment, industrial, PBSA, retirement, healthcare and development
Max LTV: 75%
Max LTC: N/A
Max LTGDV: N/A
Min & Max Loan Term: 3–18 months
Min & Max Loan Size: £500,000–£10m (larger facilities can be arranged)
Min property value: N/A
Valuation Retypes: Yes
Rental calculations & exposure: N/A
Geographical Lending Areas: England
Types of valuation accepted: Red Book and short form -– not always required
New Builds: Yes
Heavy Refurb: Yes
Grade listed Buildings: Yes
Green / Sustainable product: Yes, funding terms looked at on a case-by-case basis
Planning Permission needed: No
Commission rate: Negotiable
Associations/Charters: None
Types of landlords accepted: UK based limited companies
Upfront Fees: No
Broker Portal: No
Early Redemption charges: No
Investment: Yes
Owner Occupied: No
Electronic Signatures accepted: Yes
Lending on Land: Yes
Somo
WHO WE ARE: Somo is a second-generation family of bridging lenders. With a friendly team that’s always on hand to help, we use our many years of experience, combined with advanced technology, to make sensible decisions that help find funds fast. We have two key products. Low Rate is for clients with evidenced income, clean credit, evidenced exits and clean titles. Our famous Valuation Only™ product allows us to lend on the asset’s value, not the borrower’s profile. This suits cases involving adverse credit, unprovable income, equitable charges and repossession. We believe everyone has the right to borrow.
OUR ETHOS: We try to find as many ways as possible to say “yes” to a loan, simply and responsibly. We want to make finding the right bridging loan as normal as applying for a loan from a high-street bank, only simpler, and live by the proposition: why make bridging difficult? Somo honours the special relationship brokers create with clients and our blended service means you can focus on what you do best – managing clients and cases – while we do the heavy lifting. We instruct valuations, organise second charge consent and process the legals while providing support.
WHAT WE SPECIALISE IN:
Somo specialises in second-charge and equitable-charge loans. Our Valuation Only product is specialised for borrowers without proof of clean credit or income.
MEET THE TEAM:
Louis Alexander CEO
01613 125 656 louis@somo.co.uk
Rob Johnson
UNDERWRITING DIRECTOR
01613 125 656 rob.johnson@somo.co.uk
Jade Keval SALES DIRECTOR
07564 502 171 jade.keval@somo.co.uk
St John’s House Barrington Road Altrincham WA14 1JY
www.somo.co.uk brokers@somo.co.uk
Product types
Valuation Only
2nd charge
Low rate
Somo works (refurb)
Lifeline loan (insolvency and bankruptcy cases)
Charges 1st, 2nd and 3rd; equitable charges
Funding model
Crowdfunded, P2P and institutional funding lines
FCA regulated Yes, for certain regulatory activities
Interest range
Low rate: from 0.71%
Valuation Only: 0.96%
1st charge: 0.71%
2nd charge: from 0.86%
Fixed/variable interest Fixed
Treatment of interest + default interest
Sectors
Retained, serviced and amalgamation of retained and serviced
Residential, BTL, HMO, semi-commercial as well as commercial to residential conversions
Max LTV 70%
Max LTGDV 70%
Max LTC 85%
Min & max loan term 1–24 months
Min & max loan size
£277,500–£3m
Min property value None
Valuation retypes Yes
Rental calculations & exposure N/A
Geographical lending areas England and Wales
Types of valuation accepted Retypes, Red Book and short form
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product N/A
Planning permission needed If applicable
Commission rate 1-2%
Associations/Charters NACFB
Types of landlords accepted Ltd co, individual, first time and portfolio
Upfront fees
£350 lock-in fee and valuation fee
Broker portal No
Early redemption charges Dependent on offer
Investment Yes
Owner occupied Yes
Electronic signatures accepted Yes, up to legal stage
Lending on land Yes, with additional security
TFG Capital
WHO WE ARE: TFG was established in August 2014 by James Mortimore to provide companies and property investors with a route to available funding in a difficult and increasingly risk-averse market. We aim to provide bespoke, flexible funding solutions where we are able to complete within as little as 72 hours. Each case requires the client to pay for valuation and legal fees upfront; as lender, TFG does not charge any upfront fees but we do charge arrangement fees upon completion of facilities.
OUR ETHOS: We provide straightforward bridging finance, based solely on security values, that enables businesses to access quick finance for whatever their immediate requirements are.
WHAT WE SPECIALISE IN:
At TFG, we specialise in providing fast, flexible finance for companies in need. Our ability to work to extremely tight deadlines, combined with a no-nonsense approach to lending, provides a level of comfort and certainty that is unique in our marketplace.
MEET THE TEAM:
James Mortimore
MANAGING DIRECTOR
07917 337 853 james@tfgcapital.co.uk
Andrew Hunt OPERATIONS DIRECTOR
07708 344 653 andrew@tfgcapital.co.uk
Jamie Hunt MANAGER - NATIONAL BROKERS
07884 658 481 jhunt@tfgcapital.co.uk
Luke Flanagan MANAGER - NATIONAL BROKERS AND INTERNAL SALES TEAM
07395 791 275 luke@tfgcapital.co.uk
Product types
Bridging and development
Charges 1st and 2nd
Funding model Diversified funding line
FCA regulated No
Interest range 1.25–2% pm
Fixed/variable interest Fixed
Treatment of interest & default interest Serviced and retained; standard default rate 3%
Sectors
Residential, commercial, semi-commercial and land with/ without planning
Max LTV 70%
Max LTGDV 60%
Max LTC 60%
Min & max loan term 3–12 months
Min & max loan size
£50,000–£4m
Min property value N/A
Valuation retypes Yes
Rental calculations & exposure N/A
Geographical lending areas Security located in the UK
Types of valuation accepted Short form, Red Book, retype and desktop
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product No
Planning permission needed No
Commission rate 2%
Associations/Charters NACFB, FIBA and ASTL
Types of landlords accepted Ltd co, individual and portfolio
Upfront fees No
Broker portal No
Early redemption charges Yes
Investment Yes
Owner occupied Yes
Electronic signatures accepted No
Lending on land Yes
The Property Box Loan Company
WHO WE ARE: The Property Box Loan Company PLC was established in 2013 to provide mezzanine funding to residential developers. Based in the West End of London, our team has substantial experience in property funding and development. The company considers requirements ranging from £200,000 to £6m and up to 75% (bank debt + mezzanine) of the forecast end value. Funding is predominantly principal money and therefore not subject to external availability.
OUR
ETHOS: We aim to maintain the highest standards of business conduct and integrity and require the same of our customers, including honesty and transparency on both sides. Many problems can arise in development: openness about these will reduce anxiety in the long term as we, together, help to work our way round the issues. More details of our ethos, controls and responsibilities etc are set out in our report and accounts. We are particularly keen to fund developers that are building green sustainable schemes with the best EPC ratings and the lowest carbon footprint.
WHAT WE SPECIALISE IN:
We provide mezzanine and super mezzanine finance for residential property development. We pride ourselves on our flexible approach to funding and quick decisions, and we value the importance of long-term relationships with intermediaries and developers.
Treatment of interest & default interest Rolled; default charged at 4% pa above current rate
Sectors Residential and commercial
Max LTV 75% for mezzanine; 80% for super mezzanine
Max LTGDV N/A
Max LTC 90% for mezzanine; 95% for super mezzanine
Min & max loan term 12–24 months
Min & max loan size
£200,000–£6m
Min property value £1m
Valuation retypes Yes
Rental calculations & exposure N/A
Geographical lending areas Nationwide
Types of valuation accepted Red Book
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product Core products may not be available if minimum green requirements are not achieved
Planning permission needed Yes
Commission rate From 1%
Associations/Charters N/A
Types of landlords accepted N/A
Upfront fees Circa 1.5%
Broker portal No
Early redemption charges Yes
Investment No
Owner occupied No
Electronic signatures accepted Yes
Lending on land
Only as construction starts
Together
WHO WE ARE: For 50 years, we’ve been opening doors for individuals, families, entrepreneurs, SMEs, businesses, landlords and developers with a broad range of products and speed of service, creating long-lasting relationships with customers and business partners. We unlock property ambitions with our common-sense lending and our award-winning products and services. Based in Cheshire with more than 700 staff, Together has a loan book standing at almost £7bn. Our dedicated, expert teams take a flexible and personalised approach to help you make the complex simple.
OUR
ETHOS: We’re driven by a purpose to help people realise their property ambitions by making finance work. We believe our purpose should work hand in hand with our responsibilities to:
• our planet, through our commitment to reducing our impact on the environment
• our customers, by helping them make energy efficiency improvements to homes
• our communities, by continuing to contribute to our local community, inspiring colleagues to give back to society
• our colleagues, by valuing diversity of thinking, ideas and backgrounds and by investing in employees so they can realise their potential
Find out more - at togethermoney.com/sustainability
WHAT WE SPECIALISE IN:
We look beyond mainstream criteria and make fast, informed decisions for the individual behind every case. We lend on wide-ranging income sources, complicated purchases, non-standard property, imperfect credit or a combination of all four.
Our experienced intermediary team and specialist distributors focus on securing the best outcomes.
MEET THE TEAM:
Tanya Elmaz
DIRECTOR OF INTERMEDIARY SALES
07903 557 898 tanya.elmaz@togethermoney.com
James Briggs
HEAD OF INTERMEDIARY SALES –PERSONAL FINANCE
07824 991 573 james.briggs@togethermoney.com
Michelle Walsh
HEAD OF INTERMEDIARY SALES –COMMERCIAL FINANCE
07922 573 663 michelle.walsh@togethermoney.com
Maeve Ward
PROJECT MANAGER – INTERMEDIARY SALES
07596 883 479 maeve.ward@togethermoney.com
Lake View Lakeside Cheadle Cheshire SK8 3GW
www.togethermoney.com/ intermediaries newbusiness@togethermoney. com
Product types
Regulated and unregulated bridging, BTL, commercial mortgages, business loans, 1st charge mortgages, 2nd charge mortgages and dev finance
Charges 1st and 2nd
Funding model
Together has a diversified funding structure combining listed bonds, private and public securitisations, revolving credit facility and shareholder funds
FCA regulated Yes
Interest range
Fixed/variable interest
Treatment of interest & default interest
Sectors
Unregulated bridging: from 0.95%, Development: from 1%, BTL: from 7.34%, Commercial term: from 9.99%
Fixed and variable
Retained or serviced
Residential, development, office, industrial, retail, hospitality, PBSA, HMO, commercial units, community housing and healthcare
Max LTV 75%
Max LTGDV 70% (max – case by case)
Max LTC 85% in lending standards
Min & max loan term
Min & max loan size
Unregulated bridging: 1–12 months, Development; 1–24 months; BTL: 6–30 years; Commercial term: 6–30 years (capital repayment); 6–10 years (interest only)
Min property value No minimum property value, subject to minimum loan size
Valuation retypes Considered
Rental calculations & exposure Our rental calculation is interest cover ratio; we have no exposure rule but it is assessed at underwriting
Geographical lending areas England, Scotland and Wales
Types of valuation accepted AVMs, retypes and Red Book
New builds Yes
Heavy Refurb No
Grade listed buildings Yes
Green/Sustainable product No
Planning permission needed Yes, for a dev loan; bridge by referral
Commission rate From 1.25%
Associations/Charters NACFB and FIBA
Types of landlords accepted First-time buyer, first-time landlord, non-portfolio and portfolio, non-UK expats and foreign nationals
Upfront fees No
Broker portal Yes
Early redemption charges Yes
Investment Yes
Owner occupied Yes
Electronic signatures accepted No
Lending on land Yes
United Trust Bank (UTB)
WHO WE ARE: United Trust Bank (UTB) is a dynamic and thriving specialist bank providing a range of secured funding facilities to individuals, housebuilders & developers, investors, landlords and SMEs. UTB is recognised as a leading regulated bridging lender and has more recently grown its share of the unregulated market with refurbishment products, dedicated underwriting teams and a proven Fast Track bridging service delivering quick and efficient decisions and completions.
We are a trusted and dependable finance partner who continued to lend throughout the pandemic and the more recent inflationary and economic volatility, honouring its funding commitments.
OUR ETHOS: UTB is a dependable and progressive finance partner funded by a robust and reliable retail deposits business. We support our customers through the economic cycle and build strong, long-term relationships which help our customers achieve their goals. We employ highly experienced people who understand the industries in which they operate and whose knowledge adds value to the Bank’s relationships with brokers and customers.
We are aware of the important role businesses can play in society and protecting our planet. You can find out more about our environmental and social governance policy at www.utbank.co.uk/esg/
WHAT
WE
SPECIALISE IN:
Residential Mortgages, Residential Second Charges, BTL, Regulated & Unregulated Bridging Finance, Structured & Development Finance
MEET THE TEAM:
Paula Purdy
HEAD OF SALES - BRIDGING
07825 720 616 ppurdy@utbank.co.uk
Paul Turton DIRECTOR - BUSINESS DEVELOPMENT & MARKETING – PROPERTY
0207 031 1088 pturton@utbank.co.uk
One Ropemaker Street London EC2Y 9AW
Gerard Morgan Jackson HEAD OF STRUCTURED FINANCE SALES
0207 190 5563 gmorganjackson@utbank.co.uk
Caroline Mirakian SALES & MARKETING DIRECTOR – MORTGAGES
0203 862 1284 cmirakian@utbank.co.uk
www.utbank.co.uk
info@utbank.co.uk
Product types
Charges
Funding model
Bridging, development, residential first charge and second charge mortgages, buy to let and structured finance
1st and 2nd
Deposit funded
FCA regulated Yes
Interest range
Fixed/variable interest
Treatment of interest & default interest
Sectors
Max LTV
Max LTGDV
Bridg Rates from 0.72% regulated & 0.75% unregulated, residential & 2nd charges have both fixed or variable options
Bridging & BTL are fixed; development is variable
Rolled, retained and serviced; default interest charged at a fixed rate; Higher rate capped at 2.5%
Bridging max LTV 75% and holiday lets
Bridging 75%; residential & 2nd charges 85%
Bridging 75%; development project dependant up to 65%
Max LTC Dev 90%
Min & max loan term
Min & max loan size
Min property value
Valuation retypes
Bridging 1–24 months; dev up to maximum 36 months; BTL 5–25 years and residential 3-40 years
Bridging £100,000–£15m; structured £1m+; dev £1m–£30m; BTL £50,000–£1.5m; residential £5,000–£1m
£100,000 for bridging; £100,000 for BTL; £90,000 for residential
Can be considered, case-by-case
Rental calculations & exposure BTL – ICR calculation – 125%/130% or 140% depending on tax band using the 5y fixed pay rate or 2y fixed+2%.
Exposure with UTB BTL is max £5m or 20 loans to a single borrower(s) or Ltd Co entity
Geographical lending areas AVM’s, driveby’s & full valuations, short and long form etc
Types of valuation accepted AVM’s, drive by & full valuations, short and long form
New builds Yes
Heavy Refurb Yes (development finance)
Grade listed buildings Yes
Green/Sustainable product No
Planning permission needed Yes
Commission rate
Varies by product - please call to discuss
Associations/Charters ASTL/FIBA/NACFB
Types of landlords accepted Varies by product
Upfront fees
Valuation and legal for bridging and residential
Broker portal Yes
Early redemption charges No, for bridging; yes, for BTL and residential
Investment
Owner occupied
Yes
Yes, for bridging and residential; No, for BTL and dev
Electronic signatures accepted Yes, for certain items
Lending on land
Bridging will consider land with planning permission granted; BTL and residential will not lend against land alone
At UTB we understand that performance is everything and our teams of knowledgeable and personable specialists work closely in partnership with intermediaries to provide fast decisions and quick delivery of project funding.
Partner with a specialist
Bridging Finance
Property Development Finance
Structured Property Finance
Specialist Mortgages We go further so you can too
United we go further
Product types:
Charges:
Funding model:
FCA regulated:
Interest range:
Fixed/variable interest:
Treatment of interest + default interest:
Sectors:
Max LTV:
Max LTGDV:
Max LTC:
Min & max loan term:
Min & max loan size:
Min property value:
VAS
Valuation retypes:
Rental calculations & exposure:
Geographical lending areas:
Types of valuation accepted:
New builds:
Heavy Refurb:
Grade listed buildings:
Green/sustainable product:
Planning permission needed:
Commission rate:
Associations/Charters:
Types of landlords accepted:
Upfront fees:
Broker portal:
Early redemption charges:
Investment:
Owner occupied:
Electronic signatures accepted:
Lending on land:
Where all our valuation knowledge and experience comes together.
Property valuations are our business. We ensure valuations are more accurate and your lending decisions are clearer.
This is why we created Knowledge Hub, a library of short one-to-two-minute videos, bringing together our know-how and experience. We answer many of the commonly asked questions about valuations, property and the market.
Visit the Knowledge Hub at vas-group.co.uk, or to propose a topic for us to cover.
See how VAS can add value to your valuations. Call our team on 01642 262217 or email info@vas-group.co.uk
West One Loans
WHO WE ARE: As one of the largest non-bank specialist lenders in the market West One is proud to be able to offer a comprehensive range of specialist lending products to support property investment professionals, landlords and homeowners alike. Established in 2007 and with our history in bridging finance, we have grown extensively to now offer a complementary portfolio of specialist lending products including bridging finance, development finance, second and first charge mortgages and BTL mortgages. We specialise in creating integrated lending solutions across the property investment lifecycle, encompassing acquisition, planning, development and sale.
OUR ETHOS:
As an FCA-regulated business, good governance is at the heart of everything we do. Our approach to CSR and ESG is delivered through a carefully designed policy framework and KPIs, and underpinned by our corporate culture and values. ESG progress is monitored regularly, reported to the board and published in our annual report. Our CSR and ESG framework focuses on five pillars: customers; colleague; community; environment; and governance. We run activities throughout the year, and track KPIs to ensure our ESG position improves.
WHAT WE SPECIALISE IN:
West One have a truly integrated portfolio of lending products for the property finance lifecycle. We’ve a reputation for our unique approach to credit coupled with our personalised approach to lending. We help homeowners, landlords and property professionals find the right financial solution to deliver a variety of projects and purchases.
MEET THE TEAM:
Tom Cantor HEAD OF BRIDGING FINANCE
0203 928 1822
Thomas.Cantor@westoneloans.co.uk
Guy Murray HEAD OF DEVELOPMENT FINANCE
0208 736 2268
Guy.Murray@westoneloans.co.uk
Andrew Ferguson MANAGING DIRECTOR, BUY TO LET 07368 644 140 Andrew.Ferguson@westoneloans.co.uk
The Edward Hyde Building 38 Clarendon Road
Watford
WD17 1JW
www.westoneloans.co.uk sales@westoneloans.co.uk
Product types
Bridging, Development, BTL, Residential and Seconds Charges 1st and 2nd
Funding model
FCA regulated
Interest range
Fixed/variable interest
Treatment of interest & default interest
Sectors
Max LTV
Max LTGDV
Max LTC
Min & max loan term
Min & max loan size
Min property value
Valuation retypes
Capital markets, institutional, and private funding
Yes
Bridging from 0.85% pm; Dev from 6% + BBR pa; BTL from 3.09% pa; Second Charge BTL 8.99% pa
Both
Bridging: retained, service; default interest charged at fixed rate; higher rate capped at 2.5%; Dev finance is rolled and retained interest; BTL fixed interest, variable with BoE base rate
West One lend across all sectors of the property market
Bridging 75%; BTL 80%; BTL Second Charge 75%; Dev 70%
Bridging: £100,000; BTL: £90,000; Dev min GDV: £1.5m
Yes, by referral
Rental calculations & exposure BTL: 125% / 135% coverage on lower-rate taxers and Ltd comp, 140% higher tax taxers
Geographical lending areas England, Scotland, Wales; BTL: England and Wales; Dev: England and Wales
Types of valuation accepted AVMs and Red Book. Full valuations needed for BTL
New builds Yes
Heavy Refurb Yes
Grade listed buildings Yes
Green/Sustainable product Yes, BTL: product specifically for A-C EPC rating, exc. new builds
Planning permission needed
Commission rate
Bridging: no; Dev: Yes; BTL: yes
Available from BTL: 0.5%; bridging: 1%; Dev from 1%
Associations/Charters NACFB, ASTL, FIBA
Types of landlords accepted First-time buyers, first time landlords, limited companies, individual, portfolio, foreign nationals, ex-pats
Upfront fees
Bridging: yes; BTL: yes, £180 application fee and valuation fee for BTL
Broker portal Yes
Early redemption charges
Bridging: no; Dev: no; BTL: product specific
Investment Yes
Owner occupied Yes
Electronic signatures accepted Yes
Lending on land
Yes
Whitehall Lending
WHO WE ARE:
Whitehall is a specialty alternative lender specialized in strategic investments within the real estate credit landscape. We focus on short term residential and commercial real estate bridge lending and developments in the UK market. Our funding set up helps us in in being swift and flexible when approaching our client’s needs, enabling us to provide terms in less than 24hr and deploy funds in less than a week. This has contributed to the widely coveted reputation we enjoy for a quick turnaround, allied to the clear, open and honest communication we bring to the loan process.
OUR ETHOS:
As opposed to many of our peers, we are self-funded and do not fully rely on external credit lines from third party borrowers, allowing us to be in control of every aspect of our value chain. By providing access to finance, we play a key role in maintaining liquidity in the housing market and supporting SME’s, who are crucial in sustaining the real economy and ultimately resolving Britain’s housing crisis. Furthermore, many of our loans are specifically for works to achieve a higher energy performance certificate rating, ultimately supportingsupporting the transition to net zero and reducing tenant bills.
WHAT WE SPECIALISE IN:
We specialize in bridging and development short term financing, including complex ownership structures involving foreign nationals or entities willing to invest in the British Real Estate market.
