Lender Index 2024/25

Lender Index 2024/25

Bridging, Commercial, BTL and Development Finance 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

Ready for your next project?

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

Simon Joseph Relationship Manager 07947 559 592 simon.joseph@atelierfinance.co.uk

Rav Kudhail Lending Manager 07305 917 654 rav.kudhail@atelierfinance.co.uk

Bruce Robertson Lending Manager 07377 101 061 bruce.robertson@atelierfinance.co.uk

Atelier Capital Partners Limited is supervised for anti-money laundering purposes by the Financial Conduct Authority, under reference number 910090. Incorporated in England and Wales with registered number 11888767. Our registered office is 3-5 Rathbone Place, London W1T 1HJ.

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Albatross Lending Group Alternative Bridging Corporation Aria Finance Aspen Bridging Atelier Avamore Capital Beaufort Capital Black & White Bridging Blackfinch Property Blend BloomSmith Bridge Invest Brightstone Law LLP Buzz Capital CapitalRise Catalyst Century Capital Cohort Capital Crowdproperty DCI Finance Downing Property Finance Finanze Capital Funding 365 Glenhawk Hana Capital Hilco Real Estate Finance Inhale Capital InterBay InterBay Asset Finance KHK Capital Kuflink Lendco Lendhub LendInvest Lightfoots Solicitors London Credit Market Financial Solutions (MFS) Moody Venture Capital LLP Morpheus Lending MS Lending Group MSP Capital Octane Capital Pivot Precise Puma Property Finance QSpace Ronoco Capital Scotlend Somo TFG Capital The Property Box Loan Company Together United Trust Bank (UTB) VAS Group West One Loans Whitehall Lending Lender Matrix

PRIVATELY FUNDED LENDER

Bridging loans made simple “Quick turnarounds and a common-sense approach”

Why us?

No Processing Fees No Early Repayment Charges No Minimum Term No Extension Fees No Credit Committee No Exit Fees No Changing of Rates or LTVs Terms in 1 hour

Get in touch +44(0)203 882 1125 info@hanacapital.co.uk hanacapital.co.uk

Albatross Lending Group W H O W E A R E : 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.

O U R E T H O S : Innovatively funded, predominantly via private sources alongside a variety of institutional providers. Funding availability throughout 2024 is estimated at £250m.

W H A T W E S P E C I A L I S E I N : 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

Matt Rogers

07789 493 781 nils@albatrosslending.co.uk

07748 985 181 matt@albatrosslending.co.uk

Jordan Fearnley Brown

Lewis Casserley

jordan@albatrosslending.co.uk

lewis@albatrosslending.co.uk

SALES EXECUTIVE

SALES DIRECTOR

CO-FOUNDER & PRINCIPAL

48 Warwick Street London W1B 5AW

6 | Lender Index

www.albatrosslending.co.uk

CO-FOUNDER & PRINCIPAL

info@albatrosslending.co.uk

Product types Charges Funding model FCA regulated Interest range

Bridging and refurbishment finance 1st and 2nd Private capital alongside a variety of institutional providers No 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 & Interest within term may be retained or serviced; loan default interest extensions are available upon request but may be subject to a higher rate of interest Sectors 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 £50,000–£5m Min property value £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

Lender Index | 7

Alternative Bridging Corporation W H O W E A R E : 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”.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Jonathan Rubins DIRECTOR

0208 349 5194 07802 154 585 Jonathan.rubins@alternativebridging.co.uk

2 Imperial Place Maxwell Road Borehamwood WD6 1JN

8 | Lender Index

www.alternativebridging.co.uk

hello@alternativebridging.co.uk

Product types:

Bridging, dev and term

Charges:

1st and 2nd

Funding model:

Shareholders and bank lines

FCA regulated:

Yes

Interest range:

Bridge from 0.75%, dev from 0.95% and term from 6.75% pa over BBR

Fixed/variable interest:

Both

Treatment of interest + default Retained or serviced; default interest by agreement interest: 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

Lender Index | 9

Aria Finance

Aspen Bridging W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : Aspen specialises in light development, foreign national bridge-to-let and bridging finance. We offer a range of products to suit different requirements.

MEET THE TEAM: Ian Miller-Hawes

Mike Allen

07708 486 587 ianmillerhawes@aspenbridging.co.uk

07513 480 392 Mikeallen@aspenbridging.co.uk

Steve Gregory

Saif Khalique

07716 098 079 steveg@aspenbridging.co.uk

07922 577 541 saifkhalique@aspenbridging.co.uk

SALES DIRECTOR

BUSINESS DEVELOPMENT MANAGER

BUSINESS DEVELOPMENT MANAGER

2 Stratford Court Cranmore Boulevard Solihull B90 4QT

12 | Lender Index

www.aspenbridging.co.uk

UNDERWRITING MANAGER

enquiries@aspenbridging.co.uk

Product types

Bridging, light dev & bridge to let

\Charges

1st

Funding model

Equity funded by FTSE listed firm

FCA regulated

No

Interest range

Stepped: 0.49–0.65%; Flat 0.85–0.99%

Fixed/variable interest

Fixed

Treatment of interest & default interest

Retained interest: 0.85–2%, applied case-by-case

Sectors

Residential, investment, commercial, semi-commercial, HMO & redevelopment

Max LTV

80%

Max LTGDV

70%

Max LTC

75%

Min & max loan term

3–24 months

Min & max loan size

£200,000–£10m

Min property value

£100,000

Valuation retypes

Yes

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

Lender Index | 13

Atelier W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Rav Kudhail

Bruce Robertson

07305 917 654 rav.kudhail@atelierfinance.co.uk

07377 101 061 bruce.robertson@atelierfinance.co.uk

LENDING MANAGER

LENDING MANAGER

Simon Joseph

RELATIONSHIP MANAGER

07947 559 592 simon.joseph@atelierfinance.co.uk

Atelier, 3-5 Rathbone London W1T 1HJ

14 | Lender Index

www.atelierfinance.co.uk

enquiries@atelierfinance.co.uk

Product types:

Dev and bridging

Charges:

1st

Funding model:

Institutional

FCA regulated:

No

Interest range:

From BBR + 5.95% variable

Fixed/variable interest:

Variable and fixed

Treatment of interest + default Interest rolled or serviced; additional 6% pa default rate if interest: 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

Lender Index | 15

Avamore Capital W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : We specialise in part-complete schemes, light-to-heavy refurbishments, development exits and development.

MEET THE TEAM: Adam Butler

Cameron Levitt

07388 919 116 ab@avamorecapital.com

07450 277 122 cl@avamorecapital.com

Cameron Linnell

Sophia Lee

07715 976 444 cjl@avamorecapital.com

07706 775 978 sl@avamorecapital.com

HEAD OF SALES & MARKETING – SOUTH/SOUTH EAST

RELATIONSHIP MANAGER – MIDLANDS & NORTH

Cannon Place 78 Cannon Street London EC4N 6HL

16 | Lender Index

RELATIONSHIP MANAGER – CENTRAL/SOUTH LONDON

RELATIONSHIP MANAGER – CENTRAL/NORTH LONDON

www.avamorecapital.com

enquiries@avamorecapital.com

Product types:

Bridging, refurbish, conversion, dev and part complete

Charges:

1st

Funding model:

Multiple institutional funding lines

FCA regulated:

No

Interest range:

7% + BBR

Fixed/variable interest:

Both fixed and floating

Treatment of interest + default Rolled, retained and serviced interest: 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

Lender Index | 17

Beaufort Capital W H O W E A R E : 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.

O U R E T H O S : 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 W H A T W E S P E C I A L I S E I N : 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

Steffan Goold

0203 795 9085 07342 885 277 mark@beaufortcapital.co.uk

0203 793 9228 07342 881 311 steffan@beaufortcapital.co.uk

Joe Flaherty

Richard Titcombe

0203 793 9259 07500 704 548 joe@beaufortcapital.co.uk

0203 621 2246 07584 095 772 richard@beaufortcapital.co.uk

MANAGING DIRECTOR—UK REAL ESTATE FINANCE

DIRECTOR

1 Knightsbridge Green Knightsbridge London SW1X 7QA

18 | Lender Index

DIRECTOR

SENIOR ASSOCIATE

www.beaufortcapital.co.uk

enquiries@beaufortcapital.co.uk

Product types

Development

Charges

1st and 2nd

Funding model

Private

FCA regulated

No

Interest range

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 Rolled; fixed higher rate of default interest may interest 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

£10m–£100m (stretched senior debt) and £3m–£15m (mezzanine finance) per single development project.

Larger facilities available for multiple projects

Min property value

£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

Lender Index | 19

Black & White Bridging W H O W E A R E : Black & White Bridging operate in the short-term lending market. We provide bridging finance for borrowers to seize investment opportunities which traditional finance may not support. Formerly Bath & West Finance, the company has grown to become a leading national lender, employing 20 staff across the UK. As the architects of truly transparent lending, we can offer faster turnaround than the industry average whilst remaining true to our ethos of providing lending solutions with no grey areas – that’s what makes us Black & White.

O U R E T H O S : We secure all finance on property or land, and loans are generally provided for less than a year to help enable the project to start. We are a business with traditional values that respect and value our marketplace and its introducers, built from robust foundations, and we’re regarded as a lender of integrity who delivers on promises every time. Our funding model is geared towards putting power in the hands of our clients – we want investors, borrowers and brokers to all benefit from truly transparent lending.

W H A T W E S P E C I A L I S E I N : Black & White Bridging specialises in residential and commercial bridging loans for a variety of property transactions, including purchase, acquisition, auction, property pending sale, refinance, and development exits. We have criteria to cover most situations – whatever your client needs, we’re confident we have the optimum solution.

MEET THE TEAM: Danny Power

Dave McCarthy

07565 151 404 dpo@bpo@blackandwhitebridging.co.uk

07388 121 702 dmm@blackandwhitebridging.co.uk

DIRECTOR OF BUSINESS DEVELOPMENT

RELATIONSHIP DIRECTOR

Magnus Dadzie

RELATIONSHIP DIRECTOR

07956 329 292 mdd@blackandwhitebridging.co.uk

Bury Manor Offices Woodcroft Lane Wick, BS30 5SH

20 | The Index

blackandwhitebridging.co.uk

enquiries@blackandwhitebridging.co.uk

Product types Charges Funding model FCA regulated Interest range Fixed/variable interest Treatment of interest & default interest

Bridging 1st and 2nd HNWs, Institutions No From 0.79% Fixed Retained: interest calculated on the gross loan for the duration of the facility & deducted at completion.

Rolled: interest capitalised & accrued monthly, calculated on principle & outstanding interest at the end of each monthly period.

Serviced: interest calculated on gross loan with first month deducted at completion & serviced monthly thereafter.

Sectors All residential & commercial sectors Max LTV 75% Max LTGDV 75% Max LTC 90% Min & max loan term 3–24 months Min & max loan size £50,000–£7.5m Min property value N/A Valuation retypes Yes Rental calculations & exposure 125% DSCR at 6% stress rate Geographical lending areas England & Wales Types of valuation accepted AVMs, re-types, Red Book New builds Yes Heavy Refurb Yes Grade listed buildings Yes, 55% LTV max Green/Sustainable product Yes Planning permission needed Yes Commission rate Case by case Associations/Charters BDLA, FIBA Types of landlords accepted Limited companies/individual/first-time/portfolio Upfront fees Yes Broker portal No Early redemption charges No, 3-month min interest Investment Yes Owner occupied No on residential assets unless second charge business purpose only; Yes for owner occupied commercial Electronic signatures accepted Yes Lending on land Yes, 55% LTV max

The Index | 21

Blackfinch Property W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: John Hartigan

Phil Downie

01452 717 980 j.hartigan@blackfinch.com

01452 717993 p.downie@blackfinch.com

David Diemer

Nicola Mayes

01452 922 581 d.diemer@blackfinch.com

01452 717586 n.mayes@blackfinch.com

INVESTMENT DIRECTOR

SENIOR INVESTMENT MANAGER

INVESTMENT DIRECTOR

1350-1360 Montpellier Court Gloucester Business Park Gloucester GL3 4AH

22 | Lender Index

SENIOR INVESTMENT MANAGER

www.blackfinchproperty.com

propertyenquiries@blackfinch.com

Product types

Buy-to-let, bridging, development and commercial term

1st and 2nd

1st charge

Funding model

Retail investors and HNW into tax-efficient portfolios

FCA regulated

Yes

Interest range

Rates are fixed and negotiated on a case-by-case basis

Fixed/variable interest

Fixed

Treatment of interest + default Rolled/serviced interest compounded daily; default interest interest +1% pcm Sectors

All sectors

Max LTV

70%

Max LTGDV

70%

Max LTC

85%/90% (require 5% cash equity)

Min & max loan term

3–36 months

Min & max loan size

£1m–£25m

Min property value

N/A

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

Lender Index | 23

Looking for a Bridging, Development or Buy-to-Let finance partner?

At Blackfinch Property we’re dedicated to helping rejuvenate local areas and economies

Fully-Funded Lender

Responsible Investing

In-House Legal Team

Fast and Flexible Approach

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.

Loan term 3 - 36 months Loan amounts typically £1m to £25m Loan to value (LTV) up to 70% Loan to cost 85%, but will consider up to 90% Geographical coverage across the UK Lending against both residential and commercial property

Get in touch today on propertyenquiries@blackfinch.com and see how we can help you

For all our news and product announcements make sure to follow us on social media!

BLEND W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Roxana Mohammadian-Molina

07785 715 954 enquiries@blendnetwork.com

0203 409 3301 enquiries@blendnetwork.com

Yann Murciano

Claire McGirr

0203 409 3301 enquiries@blendnetwork.com

0203 409 3301 enquiries@blendnetwork.com

MANAGING DIRECTOR

CHIEF STRATEGY OFFICER

CEO

142 New Cavendish Street London W1W 6YF

26 | Lender Index

HEAD OF PORTFOLIO MANAGEMENT

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 Rolled, retained and serviced; default rate of 0.75% pcm if interest 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

Lender Index | 27

BloomSmith W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : BloomSmith specialises in advance funding of HMRC receivables and VAT funding on commercial property and land purchases.

MEET THE TEAM: Nigel Smith

Kate Ashton

07770 914 594 nigelsmith@bloomsmith.co.uk

07825 516 161 kate@bloomsmith.co.uk

Neil Petty

David White

07970 740 360 neil@bloomsmith.co.uk

07801 035 498 dave@bloomsmith.co.uk

DIRECTOR

DIRECTOR

DIRECTOR

3 Astwood Mews Kensington London SW7 4DE

28 | Lender Index

DIRECTOR

www.bloomsmith.co.uk

vat@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

Lender Index | 29

Bridge Invest W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : Offshore borrowers, below market value acquisitions, credit impairments, heavy refurbishments, short leases, 2nd charges, development exits and re-bridges.

MEET THE TEAM: Ronak Ruparell

Jacob Hix

07775 945 944 ronak@bridgeinvest.co.uk

07733 405 095 jacob@bridgeinvest.co.uk

CEO AND CO-FOUNDER

Devonshire House, Level One 1 Mayfair Place London W1J 8AJ

30 | Lender Index

BUSINESS DEVELOPMENT MANAGER

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 Retained and serviced; higher rate capped at 3% interest: 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

Lender Index | 31

Brightstone Law LLP W H O W E A R E : 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.

O U R E T H O S : 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. W H A T W E S P E C I A L I S E I N : 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

Rehka Chelvendra

0208 731 3080 jn@brightstonelaw.co.uk

0208 731 3080 rc@brightstonelaw.co.uk

SENIOR PARTNER

PARTNER

Harry Peradigou PARTNER

0208 731 3080 hp@brightstonelaw.co.uk

Brighthstone House 511 Centennial Park Centennial Avenue Elstree Hertfordshire WD6 3FG

32 | Lender Index

www.brightstonelaw.co.uk

info@brightstonelaw.co.uk

Lender Index | 33

Buzz Capital W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Alex Martin

07909 916 928 david@buzzcapital.co.uk

07769 671 501 alex@buzzcapital.co.uk

Marcus Searancke

Alena Walker

07500 091 139 marcus@buzzcapital.co.uk

01273 766 399 alena@buzzcapital.co.uk

PROPERTY DIRECTOR

LENDING CONSULTANT

BUSINESS AFFAIRS DIRECTOR

First Floor 118 Queens Road Brighton, East Sussex BN1 3XA

34 | Lender Index

BUSINESS OPERATIONS

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

Standard rate: retained interest – calculated on a simple basis Default rate: calculated on a compounding basis

Sectors

Houses, flats, HMO, MUFB, student accommodation, hotels, retail, office, warehousing and light industrial

Max LTV

Residential bridge: 75%; commercial bridge: 60%; development: 75%

Max LTGDV

Residential bridge: 75%; commercial bridge: 60%; development: 75%

Max LTC

Residential bridge: N/A; commercial bridge: N/A; development: 90%

Min & max loan term

3–12 months

Min & max loan size

£50,000– £550,000

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

Lender Index | 35

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: First Floor, 18 Queens Road, Brighton, England, BN1 3XA

Transparent, Flexible, Fast and Clear.

Same day terms, fast release of funds Up to 75% LTV / LTGDV 100% funding (with extra security) 100 Up to 100% build cost funded Rates from 0.89% per month Maximum net loans up to £550,000 Generous broker fees

Contact Us Today!

Email: hello@buzzcapital.co.uk Website: www.buzzcapital.co.uk Tel: 01273 766399

Lender Index | 37

CapitalRise W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Imogen Williams

07880 650 651 lf@capitalrise.com

07553 814 520 iw@capitalrise.com

Katy Katani

Raf Chowdhury

07799 262 381 kk@capitalrise.com

07443 074 064 rc@capitalrise.com

HEAD OF ORIGINATION

LENDING DIRECTOR

33 Cavendish Square London W1G 0PW

38 | Lender Index

BUSINESS DEVELOPMENT DIRECTOR

ASSOCIATE DIRECTOR

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 Roll-up on dev; rolled/serviced on bridge and exit; default interest: 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

Lender Index | 39

SPECIALIST PRIME PROPERT Y FINANCE PRIME CENTRAL LONDON, OUTER LONDON, HOME COUNTIES

SENIOR

STRETCHED SENIOR

MEZZANINE

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.

KATY KATANI

LEE FRANCIS

0779 926 2381 kk@capitalrise.com

0788 065 0651 lf@capitalrise.com

IMOGEN WILLIAMS

RAF CHOWDHURY

0755 381 4520 iw@capitalrise.com

0744 307 4064 rc@capitalrise.com

CAPITALRISE.COM

WENTWORTH ESTATE

SLOANE GARDENS

ACADEMY GARDENS

VIRGINIA WATER

CHELSEA

KENSINGTON

GDV at exit

£14.0m

Loan amount £8.5m

GDV at exit

£9.7m

Loan amount £6.8m

GDV at exit

£12.0m

Loan amount £8.4m

Loan type

Senior Development

Loan type

Senior Development

Loan type

Senior Development

LTV at exit

61%

LTV at exit

70%

LTV at exit

70%

ST GEORGE’S HILL

CHEYNE WALK

PARK STREET

SURREY

CHELSEA

MAYFAIR

GDV at exit

£16.6m

Loan amount £9.1m

GDV at exit

£18.0m

Loan amount £3.2m

GDV at exit

£8.5m

Loan amount £1.2m

Loan type

Senior Bridge

Loan type

Mezzanine Bridge

Loan type

Mezzanine Exit

LTV at exit

55%

LTV at exit

73%

LTV at exit

69%

CAPITALRISE.COM

Catalyst W H O W E A R E : 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.

O U R E T H O S : 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 W H A T W E S P E C I A L I S E I N : 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

Ciaran Courtney

01202 112 909 josh.hawker@catalystpf.co.uk

01202 112 910 ciaran.courtney@catalystpf.co.uk

Oliver Jenkins

James Farge

01202 122 038 oliver.jenkins@catalystpf.co.uk

01202 112 904 james.farge@catalystpf.co.uk

INTERNAL BDM

INTERNAL BDM

INTERNAL BDM

The Hive Wilson House 2 Lorne Park Road Bournemouth, Dorset BH1 1JN

42 | Lender Index

SALES DIRECTOR

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 Retained, rolled, serviced, part and part monthly, and part interest: 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

Upfront fees:

No

Broker portal:

No

Early redemption charges:

No

Investment:

Yes

Owner occupied:

No

Electronic signatures accepted: Yes, document depending Lending on land:

No

Lender Index | 43

Century Capital W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Paul Munford

Gary Clark

0207 495 9191 paul@centurycapital.co.uk

0207 495 9191 07443 073 929 gary@centurycapital.co.uk

Luke Navin

John Wheeler

0207 495 9191 luke@centurycapital.co.uk

0207 495 9193 07961 244 458 john@centurycapital.co.uk

CEO AND FOUNDER

SALES DIRECTOR

MANAGING DIRECTOR

10 Albermarle Street London W1S 4HH

44 | Lender Index

HEAD OF SALES

www.centurycapital.co.uk

enquires@centurycapital.co.uk

Product types

Bridging, BTL, Commercial

Charges

1st, 2nd & equitable charges

Funding model

Substantial institutional funding

FCA regulated

No

Interest range

Bridging from 0.69%; BTL from 0.59%; commercial from 0.79% (all plus base rate)

Fixed/variable interest

Both

Treatment of interest & default Default interest charged from 0.59% monthly from date of interest 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

£250,000–£30m

Min property value

£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

Lender Index | 45

Cohort Capital W H O W E A R E : 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.

O U R E T H O S : 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 W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Matt Thame

Robert Pritchard

0207 659 4403 matt.thame@cohortcapital.co.uk

07427 495 121 robert.pritchard@cohortcapital.co.uk

Bal Sohal

Tim Lomax

CEO & CO-FOUNDER

HEAD OF CAPITAL MARKETS

EXECUTIVE CHAIRMAN & CO-FOUNDER

ASSOCIATE DIRECTOR

07745 857 867 tim.lomax@cohortcapital.co.uk

97 Park Lane London W1K 7TG

46 | Lender Index

cohortcapital.co.uk

enquiries@cohortcapital.co.uk

Product types

Bridging, short-term investment, development exit, light refurbishment (for residential properties only)

Charges

1st and 2nd

Funding model

Shareholders / balance sheet capital

FCA regulated

No

Interest range

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 can be rolled up or serviced; default rates are interest 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

Lender Index | 47

Crowdproperty W H O W E A R E : Founded in 2013, CrowdProperty exists to support SME property developers with funding for residential and mixed-use projects throughout the UK. Actual property development and investment experience lies at the heart of the business, with over 300 years of industry experience in the team. Providing property finance by property people, CrowdProperty adds value through hands-on, expertise-led due diligence and loan monitoring - the expert property team works together with both introducers and developers to ensure success for all involved.

O U R E T H O S : CrowdProperty is dedicated to continuously innovating its service offering to align with market and customer needs. In addition to its standard Bridging and Development loans, the business holds a suite of innovative products including Modern Methods of Construction Finance, Airspace Development Finance and Development Joint Ventures Finance. Having successfully funded a number of developments which have incorporated sustainable practices, CrowdProperty continues to encourage project proposals from developers who adopt sustainable measures. The business has a uniquely integrated mezzanine finance proposition in CP Capital – bringing senior and junior finance under one roof, with powerful benefits to developers.

W H A T W E S P E C I A L I S E I N : CrowdProperty understands the intricacies of property development projects and delivers the funding the market needs – backed by deep property expertise, absolute customer focus and diverse sources of capital. The business provides terms within 24 hours, moving swiftly to completion underpinned by market-leading proprietary technology for efficiency.

MEET THE TEAM: Steve Smith

Chris Fortune

steve.smith@crowdproperty.com

chris.fortune@crowdproperty.com

Katie Wild

Simon Micheal

HEAD OF INTERMEDIARIES

HEAD OF BUSINESS DEVELOPMENT NORTH

HEAD OF BUSINESS DEVELOPMENT SOUTH WEST & WALES

katie.wild@crowdproperty.com

54 Hagley Road Edgbaston Birmingham, B16 8PE

48 | The Index

www.crowdproperty.com

HEAD OF BUSINESS DEVELOPMENT SOUTH EAST

simon.micheal@crowdproperty.com

brokersupport@crowdproperty. com

Product types

Bridging, dev

Charges

1st and 2nd

Funding model

Institutional funding lines and peer to peer retail investors

FCA regulated

Yes

Interest range

Rates from 10.5-13% and will cascade subject to credit history, experience, project type and location

Fixed/variable interest

Fixed

Treatment of interest & default Retained and rolled interest Sectors

Residential, mixed-use

Max LTV

Up to 75%

Max LTGDV

Up to 75%

Max LTC

90%

Min & max loan term

6–24 months

Min & max loan size

£100,000–£10m

Min property value

N/A

Valuation retypes

Yes

Rental calculations & exposure N/A Geographical lending areas

UK

Types of valuation accepted

Redbook and retypes

New builds

Yes

Heavy Refurb

Yes

Grade listed buildings

Yes

Green/Sustainable product

Yes

Planning permission needed Yes Commission rate

Up to 1%

Associations/Charters

FIBA

Types of landlords accepted

Limited companies/individual/first-time/portfolio

Upfront fees

Yes

Broker portal

Yes

Early redemption charges

No

Investment

Yes

Owner occupied

No

Electronic signatures accepted No Lending on land

Yes

The Index | 49

DCI Finance W H O W E A R E : District and County Investments (DCI) has been empowering property ambitions since 2018 with bespoke bridging and development finance solutions. As a boutique principal lender with a loan book of £65 million and supportive partners in place to grow this to £100 million, we deliver tailored solutions with speed, flexibility, and transparency. Based in Formby, our close-knit team cuts through red tape to complete deals in as little as five working days, serving borrowers nationwide. Our clear pricing—always outlined upfront—has made DCI the trusted partner for developers and intermediaries who value relationships that last.

O U R E T H O S : At DCI, we are driven by a simple principle: property finance should empower, not complicate. Our ethos centres on building trust, delivering exceptional service, and acting with agility to help our clients seize opportunities. With funding partners ready to expand our loan book from £65 million to £100 million, we’re primed to support growth through 2024/25. Our unwavering focus on relationships, transparency, and flexibility ensures we remain a dependable partner for developers and intermediaries alike, helping to turn property ambitions into reality.

W H A T W E S P E C I A L I S E I N : At DCI, we specialise in tailored bridging and development finance solutions designed to meet unique client needs. Whether it’s straightforward funding or something more exotic, we’re not afraid to explore creative options, delivering flexible, bespoke lending that helps clients achieve their property ambitions.

MEET THE TEAM: Neal Roberts

Duncan Winsland

07889 211 327 neal@dcifinance.co.uk

07548 761 166 duncan.winsland@dcifinance.co.uk

DIRECTOR

LOAN MANAGER

Scott Parkinson

SENIOR LOAN MANAGER

07518 910 494 scott@dcifinance.co.uk

Duke Street, Formby Liverpool, L37 4AT

50 | The Index

dcifinance.co.uk

contact@dcifinance.co.uk

Product types

Bridging, dev, dev exit

Charges

1st legal charge

Funding model

Private capital alongside flexible third-party debt facilities

FCA regulated

No

Interest range

Bridging from 0.99% pcm (retained basis); dev from base plus 10% (net basis)

Fixed/variable interest

Both

Treatment of interest & default Flexible - Rolled, retained and serviced; interest charged interest daily based on the principal sum outstanding; default interest is charged on a daily basis and rolled Sectors

Residential, commercial, light industrial, HMO

Max LTV

65% (net basis); 70% if interest serviced

Max LTGDV

65% (net basis); 70% if interest serviced

Max LTC

Will fund up to 100% of dev/refurb costs, subject to an overall cap of 85% LTC (property cost plus dev/refurb costs)

Min & max loan term

3–24 months

Min & max loan size

£100,000– £3.5m

Min property value

£150,000

Valuation retypes

Yes

Rental calculations & exposure Applicable if interest is serviced Geographical lending areas

England & Wales

Types of valuation accepted

Red Book and retypes

New builds

Yes

Heavy Refurb

Yes

Grade listed buildings

Yes, Grade 2 only

Green/Sustainable product

No

Planning permission needed No Commission rate

Case-by-case

Associations/Charters

No

Types of landlords accepted

Limited companies, individuals, first-time, portfolio

Upfront fees

Yes

Broker portal

No

Early redemption charges

No, but minimum interest charge applies

Investment

No

Owner occupied

No

Electronic signatures accepted Yes Lending on land

Yes

The Index | 51

Downing Property Finance W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I Z E I N : 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.

MEET THE TEAM: John Pollington

Richard Lamb

079 5086 1376 John.Pollington@downing.co.uk

07908 415 367 Richard.Lamb@downing.co.uk

Chris Salter

Nigel Alexander

079 3990 0444 Chris.Salter@downing.co.uk

07824 196 814 Nigel.Alexander@downing.co.uk

Doug Bowley

Will Powell

0207 416 7780 Doug.bowley@downing.co.uk

0292 010 2518 will.powell@downing.co.uk

INVESTMENT DIRECTOR

INVESTMENT DIRECTOR

INVESTMENT DIRECTOR

INVESTMENT DIRECTOR

INVESTMENT MANAGER

Downing, 3rd Floor 10 Lower Thames Street London EC3R 6EN

52 | Lender Index

INVESTMENT DIRECTOR

downing.co.uk/strategy/ property-finance

investment@downing.co.uk

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 Valuation retypes Rental calculations & exposure Geographical lending areas Types of valuation accepted New builds Heavy Refurb Grade listed buildings Green/Sustainable product

Development loans, exit bridges 1st Asset management firm with multiple funding lines including discretionary managed funds and bank lines Yes 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 70% 70% 85% 3–36 months £2m–£30m N/A Yes N/A

England, Scotland, Wales Red Book only Yes Yes Yes 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

Lender Index | 53

Finanze Capital W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Alastair Hoyne CEO

0208 058 5389 07423 788 007 agh@finanzecapital.com

45 Spring Gardens Manchester M2 2BG

54 | Lender Index

www.finanzecapital.com

info@finanzecapital.com

Product types:

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 Retained, serviced, hybrid; default interest varies but generally 2x standard rate interest: 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

Lender Index | 55

Funding 365 W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Paul Weitzkorn

0203 950 5280 michael.strange@funding-365.com

0203 950 5278 paul.weitzkorn@funding-365.com

Allegra Sykes

Calum Waite

0203 950 5276 allegra.sykes@funding-365.com

0203 950 5277 calum.waite@funding-365.com

Jon Brooks

Krisha Karunananthan

0203 950 5282 jon.brooks@funding-365.com

0203 950 5300 krisha@funding-365.com

MANAGING DIRECTOR

DIRECTOR

SENIOR RELATIONSHIP MANAGER

SENIOR UNDERWRITER

30 Stamford Street London SE1 9PY

56 | Lender Index

HEAD OF UNDERWRITING

SENIOR UNDERWRITER

www.funding-365.com

underwriting@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 Retained and serviced; reviewed on a case-by-case basis interest: 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

Lender Index | 57

Glenhawk W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Guy Harrington

Jamie Pritchard

0207 100 8787 07999 933 399 gh@glenhawk.com

0207 100 8787 07842 306 230 jpritchard@glenhawk.com

Nick Hilton

Harleigh French

0207 100 8787 07540 812 220 nh@glenhawk.com

0207 100 8787 07553 526 926 hf@glenhawk.com

CEO AND FOUNDER

DIRECTOR OF SALES

MANAGING DIRECTOR

2nd Floor Mutual House 70 Conduit Street Mayfair W1S 2GF

58 | Lender Index

NEW BUSINESS EXECUTIVE

www.glenhawk.com

lendingteam@glenhawk.com

Product types

Bridging

Charges

1st and 2nd

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

£100,000–£10m

Min property value

£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

Lender Index | 59

Hana Capital W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Riaz Marzban

0203 882 1125 hp@hanacapital.co.uk

0203 882 1125 riaz@hanacapital.co.uk

Rajeev Dave

Jasmine Brown

0203 744 8511 rdave@hanacapital.co.uk

0203 882 1125 jasmine@hanacapital.co.uk

CEO

ACCOUNT DIRECTOR

ACCOUNT DIRECTOR

128 City Road London EC1V 2NX

60 | Lender Index

HEAD UNDERWRITER

www.hanacapital.co.uk

info@hanacapital.co.uk

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

Lender Index | 61

Hilco Real Estate Finance W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Sean Adams

Andrew Ward

07968 553 341 sadams@hilcoglobal.com

07970 498 439 award@hilcoglobal.com

Adrian Hogan

Patrick Davenport-Jenkins

07947 674 391 ahogan@hilcoglobal.com

07894 565 085 pdavenportjenkins@hilcoglobal.com

MANAGING DIRECTOR

DIRECTOR

20 North Audley Street Mayfair, London W1K 6WE

62 | Lender Index

MANAGING DIRECTOR

VICE PRESIDENT

hilcoglobal.com/companies/ hilco-real-estate-finance/

info@hilcoglobal.com

Product types

Bridging

Charges

1st and 2nd

Funding model

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

Fixed and variable offered (variable dependent on transaction size)

Treatment of interest & default Interest can be rolled or serviced, or a combination of both interest (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

£1m–no max

Min property value

£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

Lender Index | 63

Inhale Capital W H O W E A R E : Inhale Capital aims to provide a seamless financial solution for individuals and businesses in need of short-term funding and strives to be the lender of choice due to its flexibility, real estate understanding, responsiveness and ability to execute cost effective liquidity solutions. With no costs to entry and over 60 years’ experience in property and finance we can offer in-house valuations, saving the borrower substantial costs and ensuring speed and efficiency.

O U R E T H O S : To provide outstanding service to our clients, our underwriters & business processors will manage each case from start to finish, ensuring no misunderstandings, and no unnecessary delays.

This guarantees simple solutions and a smooth, personal experience from beginning to end.

W H A T W E S P E C I A L I S E I N : Bridging lending on residential, commercial and semi-commercial property. All lenders understand residential property. However, we can leverage over six decades of expertise to capitalise on opportunities in the commercial and semi-commercial space.

MEET THE TEAM: Rob Goodall CEO & FOUNDER

0161 515 3764 robgoodall@inhalecapital.co.uk

19 Market St Altrincham, WA14 1QS

64 | The Index

www.inhalecapital.co.uk

enquiries@inhalecapital.co.uk

Product types

Bridging

Charges

1st and 2nd

Funding model

We are a privately funded lender, using our own resources and HNW investors

FCA regulated

No

Interest range

Bridging from 1%

Fixed/variable interest

Variable

Treatment of interest & default Interest can be retained, part retained or serviced. interest Default interest payable at an additional 1% pm Sectors

Residential, office, industrial, retail, hospitality, HMO

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; max £2.5m

Min property value

No min

Valuation retypes

Yes

Rental calculations & exposure N/A Geographical lending areas

England, Scotland & Wales

Types of valuation accepted

Internal Valuations, Desktops, AVMs, re-types, red book,

New builds

Yes

Heavy Refurb

No

Grade listed buildings

Yes

Green/Sustainable product

No

Planning permission needed Reviewed on a case-by-case basis Commission rate

From 1%

Associations/Charters

MRICS

Types of landlords accepted

Limited companies/individual/first-time/portfolio

Upfront fees

No

Broker portal

No

Early redemption charges

Yes

Investment

Yes

Owner occupied

Yes

Electronic signatures accepted Yes Lending on land

Yes

The Index | 65

InterBay W H O W E A R E : 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.

O U R E T H O S : 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”.

W H A T W E S P E C I A L I S E I N : We specialise in commercial, semi-commercial and buy-to-let mortgages and bridging developer exit finance.

MEET THE TEAM: Online live chat

Telephone support

https://www.interbay.co.uk/contact-us

0345 878 7000

National Specialist Finance sales team www.interbay.co.uk/sales-team

Solent Business Park Forum 4 Whiteley, Fareham Hampshire PO15 7AD

66 | Lender Index

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

Refer to website

Sectors

Retail, light industrial, offices, food outlets, children’s day nurseries, pharmacies, and GP and dental surgeries

Max LTV

75%

Max LTGDV

Product type dependent – refer to website

Max LTC

Product type dependent – refer to website

Min & max loan term

2–30 years

Min & max loan size

£200,000; no maximum

Min property value

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

Correct as at June 2024

Lender Index | 67

Notes

68 | Lender Index

InterBay Asset Finance W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : We specialise in Hire Purchase, Finance Lease and Refinance M E E T T H E T E A M : For more information, get in touch with our asset finance experts on

0345 120 2007.

Sentinel House Ancells Business Park Harvest Crescent Fleet GU51 2UZ

70 | Lender Index

interbayassetfinance.co.uk

SalesSupport@interbayassetfinance.co.uk

Product types

Hire Purchase, Finance Lease and Refinance

Charges

Product type dependant – contact us

Funding model

Retail deposits

FCA regulated

Yes

Interest range

Product type dependant – contact us

Fixed/variable interest

Product type dependant – contact us

Treatment of interest & default interest

Product type dependant – contact us

Sectors

Product type dependant – contact us

Max LTV

Product type dependant – contact us

Max LTGDV

Product type dependant – contact us

Max LTC

Product type dependant – contact us

Min & max loan term

Product type dependant – contact us

Min & max loan size

Product type dependant – contact us

Min property value

Product type dependant – contact us

Valuation retypes

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

Product type dependant – contact us

Associations/Charters

Product type dependant – contact us

Types of landlords accepted

N/A

Upfront fees

Product type dependant – contact us

Broker portal

No

Early redemption charges

Product type dependant – contact us

Investment

Product type dependant – contact us

Owner occupied

Product type dependant – contact us

Electronic signatures accepted Product type dependant – contact us Lending on land

Product type dependant – contact us

Correct as at June 2024

Lender Index | 71

Notes

72 | Lender Index

Tailored solutions for your business 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.

interbayassetfinance.co.uk

KHK Capital W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Sonny Gohel

07523 698 122 dov@khkcapital.co.uk

07842 024 971 sonny@khkcapital.co.uk

BUSINESS DEVELOPMENT MANAGER

SENIOR UNDERWRITER AND PORTFOLIO MANAGER

Dawn Trustam

SENIOR BUSINESS DEVELOPMENT MANAGER

07856 907 002 dawn@khkcapital.co.uk

7 Stratford Place London England W1C 1AY

74 | Lender Index

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 Rolled, retained, serviced interest: 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

Lender Index | 75

Kuflink W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Jeff Bungar

Mickie Butcher

07528 333 888 j.bungar@kuflink.com

01474 334 488 m.butcher@kuflink.com

Dan Belcher

Matthew Freeman

01474 334 488 d.belcher@kuflink.com

01474 334488 m.freeman@kuflink.com

SENIOR BUSINESS DEVELOPMENT MANAGER

ACCOUNT MANAGER

21 West Street Gravesend Kent DA11 0BF

76 | Lender Index

INTERNAL BUSINESS DEVELOPMENT MANAGER

SENIOR UNDERWRITER

www.kuflink.com/borrow/ bridging-finance/

sales@kuflink.com

Product types:

Bridging, light refurb, heavy refurb lending (unregulated lending)

Charges:

1st and 2nd

Funding model:

Institutional and Peer to Peer

FCA regulated:

Yes

Interest range:

Bridging from 0.99%, dev from 1.2%

Fixed/variable interest:

Fixed

Treatment of interest + default interest:

Retained interest; default charged at 2% above standard rate

Sectors:

Residential, dev, office, industrial, retail, hospitality, PBSA, HMO

Max LTV:

70%

Max LTGDV:

70%

Max LTC:

85%

Min & max loan term:

6–24 months

Min & max loan size:

£75,000–£1m (>£1m by referral)

Min property value:

£150,000

Valuation retypes:

Yes

Rental calculations & exposure:

N/A

Geographical lending areas:

England, Wales & Mainland Scotland

Types of valuation accepted:

AVMs, re-types, Red Book, short form and desktop

New builds:

Yes

Heavy Refurb:

Yes

Grade listed buildings:

Yes

Green/sustainable product:

No

Planning permission needed:

Yes

Commission rate:

2%

Associations/Charters:

ASTL

Types of landlords accepted:

Limited companies / individual / first-time / portfolio

Upfront fees:

No

Broker portal:

No

Early redemption charges:

Yes

Investment:

Yes

Owner occupied:

No

Electronic signatures accepted:

No

Lending on land:

No

Lender Index | 77

Lendco W H O W E A R E : Lendco is an intermediary-only specialist lender (and B&C BTL Lender of The Year 2024) offering BTL mortgages and Bridging loans to professional property investors. Formed in 2018, our aim has always been to correct many of the frustrations felt by the intermediary operating in the UK property space. Our credit team has significant experience in the sector, allowing us to view every transaction through a “can-do” lens.

O U R E T H O S : We think like a broker and underwrite with a can-do mentality. Whatever the funding request, we’ll offer a common-sense led solution.

W H A T W E S P E C I A L I S E I N : We specialise in making deals easy.

MEET THE TEAM: Ben Pike

Graham Palmer

07519 328 426 bpike@lendco.co.uk

07541 689 262 gpalmer@lendco.co.uk

James Phillips

Kieran Ryan

07519 328 425 jphillips@lendco.co.uk

07354 902 994 kryan@lendco.co.uk

BROKER SALES EXECUTIVE

BUSINESS DEVELOPMENT SPECIALIST

BROKER SALES EXECUTIVE

33 Gracechurch Street London EC3V 0BT

78 | The Index

BRIDGING SALES

lendco.co.uk

sales@lendco.co.uk

Product types

Bridging, BTL and term

Charges

1st

Funding model

Capital markets and institutional

FCA regulated

No

Interest range

Bridging from 0.75%; BTL from 4.09% (correct at time of print)

Fixed/variable interest

Fixed and variable

Treatment of interest & default Rolled / serviced, BTL interest only interest Sectors

Residential, dev exit, HMO, MUFB, holiday let, commercial

Max LTV

75%

Max LTGDV

70%

Max LTC

N/A

Min & max loan term

Bridging 2–36 months; BTL 24 months

Min & max loan size

Bridging £100,000–£7m; BTL £100,000–£5m

Min property value

£125,000

Valuation retypes

Yes, at underwriter’s discretion

Rental calculations & exposure 125% / 145% Geographical lending areas

England & Wales

Types of valuation accepted

AVMs, retypes, VAS

New builds

Yes

Heavy Refurb

Yes

Grade listed buildings

Grade 2

Green/Sustainable product

No

Planning permission needed Yes Commission rate

Bridging 1.5–2%; BTL 0.75%

Associations/Charters

NACFB

Types of landlords accepted

Limited companies/individual/first-time/ portfolio/trust/LLP/ex-pat/foreign national

Upfront fees

Arrangement fee – Bridging 2%; BTL 2–5%

Broker portal

Yes

Early redemption charges

Yes

Investment

No

Owner occupied

No

Electronic signatures accepted Yes Lending on land

Yes

The Index | 79

Lendhub W H O W E A R E : Lendhub is a specialist non-bank lender that seamlessly integrates advanced technology with a highly personalised approach to deliver innovative, dependable, and flexible funding solutions. Our bespoke lending platform streamlines every stage of the borrowing journey, connecting all parties involved and fostering a cohesive financial ecosystem, aligning with our mission to make borrowing easy. We offer a wide array of financing options across Bridging, Refurbishment, and Development loans, tailoring bespoke solutions to meet your unique requirements, supported by our diverse and robust funding sources. Our dedicated team is committed to exceeding expectations and ensuring successful outcomes for every customer.

O U R E T H O S : At Lendhub, our ethos is rooted in simplicity, reliability, and a commitment to excellence. We believe in making borrowing straightforward and stress-free by combining innovative technology with a deeply personalised service. Our expert team works collaboratively with every client, crafting tailored solutions that address unique needs and challenges. Integrity, adaptability, and transparency are at the core of everything we do, ensuring that our clients experience not just financial success, but a partnership they can trust every step of the way.

W H A T W E S P E C I A L I S E I N : We specialise in delivering bespoke funding solutions across Bridging, Refurbishment, and Development finance. Our expertise spans residential, commercial, and mixed-use projects, with particular strength in HMOs, auction purchases, and development exits.

Supported by institutional and private funding, we provide flexible terms and highly competitive rates.

MEET THE TEAM: Christopher Adamou

Max Herman

christopher@lendhub.co.uk

max@lendhub.co.uk

Richard Nordgreen

Darius Shekarrizi

richard@lendhub.co.uk

07498 206 327 darius@lendhub.co.uk

CEO & FOUNDER

DIRECTOR

MANAGING DIRECTOR

104 New Bond Street London, W1S 1SU

80 | The Index

RELATIONSHIP DIRECTOR

www.lendhub.co.uk

borrow@lendhub.co.uk

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 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

Bridging, refurb, dev, mezzanine, dev exit 1st and 2nd Institutional funding lines and private capital No (At 70% LTV) Residential bridging from 0.84%; commercial bridging from 1.09%; refurb from 0.91%; dev from 1.10% Fixed/variable depending on product Bridging: retained/serviced depending on product; refurb & dev: rolled Residential, commercial, HMOs, mixed-use, land, dev 75% bridging & refurb; 70% commercial bridge (50% if no intent to convert to residential); 70% dev; 85% self-funded refurb bridge 70% self-funded refurb bridge, heavy refurb, finish & exit, dev 75% light & medium refurb 90% Min loan term: 3 months Bridging: up to 12 months Dev exit: up to 18 months Refurb: light/15 months, medium/18 months, heavy/21 months Dev: 24 months Bridging: £100k–£10m Refurbishment: £250k–£5m Development: £500k–£7.5m £250,000 Yes Case-by-case basis England & Wales AVMs, desktop, Red Book Yes Yes Yes No Yes Up to 2% NACFB, FIBA All No Yes No Yes Business purposes only Yes Yes

The Index | 81

LendInvest W H O W E A R E : 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. O U R E T H O S : 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/ W H A T W E S P E C I A L I S E I N : 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

Victoria Barnard

0203 846 6886 leanne@lendinvest.com

0203 846 6886 victoria.barnard@lendinvest.com

Mia Colgan

Michael Minnie

0203 846 6886 mia.colgan@lendinvest.com

0203 846 6886 michael@lendinvest.com

HEAD OF BRIDGING

BRIDGING BDM

BRIDGING BDM

SENIOR BDM

Daryl Sabatini BRIDGING BDM

0203 846 6886 daryl.sabatini@lendinvest.com

8 Mortimer Street London W1T 3JJ

82 | Lender Index

www.lendinvest.com

enquiries@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 Rolled, retained, stepped or serviced (depending on the product) interest Sectors

Residential, commercial, development and land

Max LTV

Unregulated bridging 85%; regulated bridging 65%

Max LTGDV

75%

Max LTC

90%

Min & max loan term

Bridging: up to 18 months; regulated bridging: up to 12 months

Min & max loan size

Bridging: £75,000-£30m on resi (min on commercial and land is £200,000); dev: £1m-£20m

Min property value

£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

Lender Index | 83

Lightfoots Solicitors W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : Our legal services for lenders include: • • • • •

Asset management Bridging finance BTL funding Lender post-completion services Mortgage registration

• • • • •

Motor finance lending/return of goods Regulatory Repossession sales Secured arrears recovery Shortfall recovery

MEET THE TEAM: Joe Middleton

Melissa Tallon

01844 268 304 07812 602 957 jmiddleton@lightfoots.co.uk

01844 267 165 07483 054 621 mtallon@lightfoots.co.uk

Ian Norman

Rajiv Agarwal

01844 268 348 07796 850 223 inorman@lightfoots.co.uk

01844 268 343 ragarwal@lightfoots.co.uk

SENIOR PARTNER

PARTNER – HEAD OF BRIDGING

PARTNER – LITIGATION AND CONSUMER CREDIT

1-3 High Street Thame Oxfordshire OX9 2BX

84 | Lender Index

www.lightfoots.co.uk

CONSULTANT - REGULATORY SERVICES

enquiries@lightfoots.co.uk

London Credit W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Marios Theophanous

Constantinos Savvides

07470 520 302 marios.theophanous@londoncredit.com

07789 266 976 constantinos.savvides@londoncredit.com

Andy Georgiou

Chris Stylianides

07795 233 456 andy.georgiou@londoncredit.com

07585 338 684 chris.stylianides@londoncredit.com

CREDIT MANAGER

SENIOR BUSINESS DEVELOPMENT MANAGER

4th Floor 22 Soho Square London W1D 4NS

86 | Lender Index

www.londoncredit.com

HEAD OF UNDERWRITING

HEAD OF BUSINESS DEVELOPMENT

info@londoncredit.com

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

Lender Index | 87

Market Financial Solutions (MFS) W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : We specialise in bespoke, short-term bridging finance for property-related investments as well as specialist BTL mortgages for landlords.

MEET THE TEAM: Paresh Raja

Richard D’Souza

CEO

HEAD OF BRIDGING UNDERWRITING - BUSINESS DEVELOPMENT &AND NETWORKS

07793 655 665 02070 601 234 paresh@mfsuk.com

07508 148 174 0207 060 1234 richard@mfsuk.com

Scott Lord

Karen Rodrigues HEAD OF SALES

07377 435 790 0207 060 1234 karen.rodrigues@mfsuk.com

46 Hertford Street Mayfair London W1J 7DP

88 | Lender Index

www.mfsuk.com

HEAD OF BRIDGING UNDERWRITING – DIRECT BROKERS & AND CLIENTS

07931 668 852 0207 060 1234 scott@mfsuk.com

info@mfsuk.com

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

Lender Index | 89

Moody Venture Capital LLP W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Jon Mann

Pauline Biscoe

0127 735 1860 jon.mann@mvcfinance.co.uk

0127 735 1860 pauline.biscoe@mvcfinance.co.uk

HEAD OF OPERATIONS

SECRETARY AND CO-ORDINATOR

Barrie Palmer

FINANCIAL EXECUTIVE

0127 735 1860 barrie.palmer@mvcfinance.co.uk

Moody House 106-108 High Street Ingatestone, Essex CM4 0BA

92 | Lender Index

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 Rolled quarterly interest 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

Lender Index | 93

Morpheus Lending W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Richard Lawton

07791 892 082 matt@morpheuslending.co.uk

07821 234 465 richard@morpheuslending.co.uk

CEO & CO FOUNDER

Ministry of Work 41 New Cross Street Swinton, Manchester M27 4TU

94 | Lender Index

morpheuslending.co.uk

OPERATIONS DIRECTOR

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 Rolled, retained, serviced; default interest N/A interest 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

£100,000–£750,000

Min property value

£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

Lender Index | 95

Notes

MS Lending Group W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Adam Tauber

0161 823 7993 michael@mslendinggroup.co.uk

07778 638 440 adamtauber@mslendinggroup.co.uk

Lee Moran

Beth Kellett

07775 108 809 leemoran@mslendinggroup.co.uk

0161 823 7993 bethanykellett@mslendinggroup.co.uk

CEO &AND FOUNDER

HEAD OF SALES

RELATIONSHIP MANAGER (THE SOUTH)

Cypress House Grove Street Wilmslow Cheshire SK9 5EG

98 | Lender Index

www.mslendinggroup.co.uk

INTERNAL RELATIONSHIP MANAGER

enquiries@mslendinggroup. co.uk

Product types:

Bridging

Charges:

1st and 2nd

Funding model:

HNWs and institutional

FCA regulated:

No

Interest range:

Bridging from 0.9%

Fixed/variable interest:

Variable

Treatment of interest + default Options of fully retained, part serviced, part retained and interest: 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

Lender Index | 99

MSP Capital W H O W E A R E : Founded in 1981, MSP Capital is a specialist lender providing bridging and development finance to professional housebuilders. With over 40 years of experience, we are known for our reliability, expert market knowledge, and a team that prioritises relationship-led lending. Our clients value our hands-on approach and clear, dependable decisions. At MSP, we deliver more than funding – we are partners who offer the expertise and support to help clients achieve their ambitions with confidence.

O U R E T H O S : At MSP Capital, our entrepreneurial spirit and solutions-focused mindset define how we work. We empower developers to shape communities by creating exceptional homes. In addition, our ESG strategy, “Foundations for Better Futures”, represents our dedication to innovation, addressing industry challenges, supporting local communities, and promoting fairness across the sector. With values of openness and teamwork, we are committed to building partnerships that drive progress towards a forward-thinking, equitable future for property development.

W H A T W E S P E C I A L I S E I N : With over 40 years of lending experience, we specialise in providing bespoke finance solutions at every stage of the property development cycle – from land purchase through to unit sales. Our relationship-led approach ensures flexibility and responsiveness, allowing us to tailor funding to developers’ needs. Focused on finding reasons to say yes, we go beyond finance, building trusted partnerships that enable success throughout the entire development journey.

MEET THE TEAM: Adam Tovey

Conor Knight

0120 274 3400 a.tovey@mspcapital.co.uk

0120 208 4804 c.knight@mspcapital.co.uk

COMMERCIAL DIRECTOR

JUNIOR BUSINESS DEVELOPMENT ANALYST

Arian Manouchehri

HE AD OF BROKER ORIGINATIONS AND SENIOR UNDERWRITER

0120 274 3400 a.manouchehri@mspcapital.co.uk

Strata House 12-14 Castle Street Poole, BH15 1BQ

100 | The Index

mspcapital.co.uk

Info@mspcapital.co.uk

Product types

Bridging and development

Charges

1st and 2nd (2nd only for bridging loans)

Funding model

Institutional, equity and high net worth

FCA regulated

No

Interest range

From 0.75% for both bridging and development loans

Fixed/variable interest

Fixed

Treatment of interest & default Rolled up, serviced and retained at a interest default interest rate of 2.25% pcm Sectors

Assets including residential, commercial, industrial

Max LTV

Up to 70% for development; up to 75% for bridging

Max LTGDV

Up to 70% (depending on the type of loan)

Max LTC

Up to 90%

Min & max loan term

6–24 months for development; 6–12 months for bridging

Min & max loan size

£75,000–£20m

Min property value

£100,000 min

Valuation retypes

Yes

Rental calculations & exposure No, we do not work with BTL Geographical lending areas

Southern England with other geographical areas considered

Types of valuation accepted

Red Book

New builds

Yes

Heavy Refurb

Yes

Grade listed buildings

Yes, only grade 2 listed with criteria to be met

Green/Sustainable product

No, but we are open to supporting green/sustainable projects

Planning permission needed Yes Commission rate

We provide a maximum of 1% for broker introductions

Associations/Charters

No

Types of landlords accepted

Limited companies/individual/partnerships, LLPs

Upfront fees

No, only third-party costs such as legals, valuations and IMS costs

Broker portal

No

Early redemption charges

No, but we require 28 days’ notice

Investment

No, we only offer short term lending

Owner occupied

No

Electronic signatures accepted Yes Lending on land

Yes (dependant)

The Index | 101

Octane Capital W H O W E A R E : 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.

O U R E T H O S : 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

W H A T W E S P E C I A L I S E I N : 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

Matt Smith

0345 222 9009 jonathan@octanecapital.co.uk

07813 577 584 matt@octanecapital.co.uk

Richard Deacon

Josh Knight

07817 822 554 richard.deacon@octanecapital.co.uk

07741 591 922 josh@octanecapital.co.uk

CEO

DIRECTOR OF CREDIT

MANAGING DIRECTOR (SALES)

Haskell House 152 West End Lane London NW6 1SD

102 | Lender Index

www.octanecapital.co.uk

SALES AND MARKETING DIRECTOR

deals@octanecapital.co.uk

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 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

Bridging, refurb and dev exit finance 1st Octane is a JV with our funding line, an asset management firm with substantial assets under management No Bridging and dev exit loans from 0.33% per month + BBR; refurb loans from 0.35% per month + BBR Variable – linked to BBR 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 70%; for refurbishments, it’s 70% LTV net day one 70% 80% 6–24 months £100,000–£20m £200,000, but with flexibility if the minimum loan size is met Yes N/A Mainland England Red Book and retypes Yes Yes No No No Up to 2% No Most borrower profiles acceptable. Personal, company, offshore company, trusts, foreign nationals, expats, first-time buyers/landlords and first-time developers No Yes No Yes No Yes, at application stage; wet signatures needed for the loan documents Yes, with full planning permission, at lower LTVs

Lender Index | 103

Pivot W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Harrison Barker-Smith

07888 814 001 andreas@pivotfinance.co.uk

07548 701 075 harrison@pivotfinance.co.uk

Valan Redmond

Matthew Kerchner

07770 171 274 valan@pivotfinance.co.uk

07387 814 886 matthew.k@pivotfinance.co.uk

COMMERCIAL DIRECTOR

RELATIONSHIP DIRECTOR

RELATIONSHIP DIRECTOR

17-19 Maddox Street London, W1S 2QH

104 | Lender Index

RELATIONSHIP DIRECTOR

www.pivotfinance.co.uk

sales@pivotfinance.co.uk

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

Lender Index | 105

Precise W H O W E A R E : 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.

O U R E T H O S : We support the changing needs of the market, using products, criteria and decisive processes to provide solutions for brokers and their customers.

W H A T W E S P E C I A L I S E I N : We specialise in bridging finance, residential and BTL MEET THE TEAM: Contact us

Telephone support

www.precisemortgages.co.uk/intermediaries/contact

0800 116 4385

2 Charter Court Broadlands Wolverhampton WV10 6TD

106 | Lender Index

www.precisemortgages.co.uk

bridging@precisemortgages. co.uk

Product types

Regulated and non-regulated bridging loans

Charges

1st and 2nd for additional securities

Funding model

Retail deposits

FCA regulated

Yes

Interest range

Refer to website

Fixed/variable interest

Refer to website

Treatment of interest & default Refer to website interest Sectors

Residential, BTL and bridging

Max LTV

Product type dependant – refer to website

Max LTGDV

Product type dependant – refer to website

Max LTC

Product type dependant – refer to website

Min & max loan term

Product type dependant – refer to website

Min & max loan size

Product type dependant – refer to website

Min property value

Product type dependant – refer to website

Valuation retypes

Yes, subject to referral

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

Correct as at June 2024

Lender Index | 107

Puma Property Finance W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Kevin Davidson

Shane Ryan

07970 003 900 kevin.davidson@pumapropertyfinance.co.uk

07929 751 581 shane.ryan@pumapropertyfinance.co.uk

Eliot Kaye

Tony Throp

07825 192 310 eliot.kaye@pumainvestments.co.uk

07714 097 737 tony.throp@pumapropertyfinance.co.uk

MANAGING DIRECTOR

DIRECTOR

MANAGING DIRECTOR

Cassini House 57 St James’s Street London SW1A 1LD

108 | Lender Index

DIRECTOR

www.pumapropertyfinance. co.uk

enquiry@ pumapropertyfinance.co.uk

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 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

Development loans and stabilisation loans (post-PC) 1st Existing established lending vehicles and institutional forward funding lines No 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% Variable 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 70% for stabilisation loans 70% for dev loans 85% Up to 36 months £10m–£50m (larger deals can be arranged) N/A No N/A UK Red Book Yes Yes Yes Yes (Impact Lending Framework – see website for details) Yes N/A N/A Corporate only Yes No Negotiable Yes, stabilisation loans up to 36 months No Yes No

Lender Index | 109

QSpace W H O W E A R E : xxx O U R E T H O S : xxx SEARCH AND POST DEALS AND JOBS IN THE SPECIALIST FINANCE MARKET W H A T W E S P E C I A L I S E I N : xxx MEET THE TEAM: xxx

xxx

xxx xxx xxx

xxx xxx xxx

xxx

xxx

xxx xxx xxx

xxx xxx xxx

XXX

XXX

XXX

XXX

5min ago 5min ago

1 week ago

1 week ago

POST DEAL

www.qspace.co.uk 110 | Lender Index

NOTES

Register at qspace.co.uk Contact QSpace for more: admin@qspace.co.ukLender Index | 111

Ronoco Capital W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Pavanbir Toor

07970 246 837 mark@ronoco.co.uk

07941 633 069 pav@ronoco.co.uk

DIRECTOR

Granard Business Centre Bunns Lane London NW7 2DQ

112 | Lender Index

ANALYST

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 Retained or serviced; default interest dependent on interest: 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

Lender Index | 113

Scotlend W H O W E A R E : Originated and headquartered in Scotland, we have quickly become Scotland’s Number 1 bridging Lender since our launch in January 2023. With an experienced team of industry professionals we are focused on our client journey, always working with speed and efficiency. We provide fast, flexible bridging throughout England, Wales and Scotland including the Highlands and Islands. We always provide feedback or terms within 1 hour of enquiry and can move to application as soon as required.

O U R E T H O S : Bridging finance should be easily accessible , simple to understand and quick to complete, ScotLend have based our application process around these pillars. We consider every loan on its own merit and make quick commercial decisions in order to manoeuvre with maximum speed and efficiency. We value our introducers, clients and always provide our funding with a smile.

W H A T W E S P E C I A L I S E I N : We specialise in fast bridging finance providing first and second charge lending from £30,000 to £2,000,000. We can leverage to 75% on all products and provide funding throughout England , Wales and Scotland including the Highlands and Islands. We focus on speed of completion and customer journey.

MEET THE TEAM: David Travers

Sanjay Agarwal

david@scotlendgroup.co.uk

sanjay@scotlendgroup.co.uk

CEO,

CHAIRMAN

Ruth Aimson HEAD OF SALES

ruth@scotlendgroup.co.uk

Calder house 8 South Caldeen Road Coatbridge ML5 4EG

114 | Lender Index

www.scotlendgroup.co.uk

info@scotlendgroup.co.uk

Product types

Bridging

Charges

1st and 2nd

Funding model

Family office, HNW

FCA regulated

No

Interest range

Bridging from 0.95%

Fixed/variable interest

Fixed

Treatment of interest & default Retained interest only, 4% default rate interest Sectors

Residential, commercial, semi commercial, HMO, hospitality, healthcare

Max LTV

75%

Max LTGDV

N/A

Max LTC

N/A

Min & max loan term

No min; max 12 months

Min & max loan size

£30,000—£2m

Min property value

£50,000

Valuation retypes

Yes

Rental calculations & exposure N/A Geographical lending areas

England, Wales and Scotland (including Highlands and Islands)

Types of valuation accepted New builds

AVMs, re-types, Red Book and no valuation

Heavy Refurb

Yes

Grade listed buildings

Yes

Green/Sustainable product

No

Planning permission needed No Commission rate

Yes

Associations/Charters

Typically 1% or 50% of the arrangement fee

Types of landlords accepted

No

Upfront fees

Limited companies/individual/first-time/portfolio; all ownership considered

Broker portal

No

Early redemption charges

No

Investment

Yes

Owner occupied

Yes

Electronic signatures accepted Yes Lending on land

Yes Yes, with planning

Lender Index | 115

Somo W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Jade Keval

01613 125 656 louis@somo.co.uk

07564 502 171 jade.keval@somo.co.uk

CEO

SALES DIRECTOR

Rob Johnson

UNDERWRITING DIRECTOR

01613 125 656 rob.johnson@somo.co.uk

St John’s House Barrington Road Altrincham WA14 1JY

116 | Lender Index

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 Retained, serviced and amalgamation of retained and serviced interest Sectors

Residential, BTL, HMO, semi-commercial as well as commercial to residential conversions

Max LTV Max LTGDV Max LTC Min & max loan term Min & max loan size Min property value 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

70% 70% 85% 1–24 months £277,500–£3m None Yes N/A England and Wales Retypes, Red Book and short form Yes Yes Yes N/A If applicable 1-2% NACFB Ltd co, individual, first time and portfolio £350 lock-in fee and valuation fee No Dependent on offer Yes Yes Yes, up to legal stage Yes, with additional security

Lender Index | 117

Notes

118 | Lender Index

TFG Capital W H O W E A R E : 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.

O U R E T H O S : We provide straightforward bridging finance, based solely on security values, that enables businesses to access quick finance for whatever their immediate requirements are.

W H A T W E S P E C I A L I S E I N : 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

Jamie Hunt

07917 337 853 james@tfgcapital.co.uk

07884 658 481 jhunt@tfgcapital.co.uk

Andrew Hunt

Luke Flanagan

MANAGING DIRECTOR

MANAGER - NATIONAL BROKERS

OPERATIONS DIRECTOR

MANAGER - NATIONAL BROKERS AND INTERNAL SALES TEAM

07708 344 653 andrew@tfgcapital.co.uk

17 Jetstream Drive Doncaster DN9 3QS

120 | Lender Index

07395 791 275 luke@tfgcapital.co.uk

www.tfgcapital.co.uk

sales@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

Lender Index | 121

The Property Box Loan Company W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Michael Chicken

Emon Martin

0207 292 8808 07785 580 412 mjc@merchantplace.co.uk

07428 608 428 emonmartin@propertyboxloan.co.uk

DIRECTOR

NEW BUSINESS MANAGER

Scott Arnot

BUSINESS DEVELOPMENT DIRECTOR

0207 292 8810 07775 667 242 scottarnot@propertyboxloan.co.uk

4 Newburgh Street London W1F 7RF

122 | Lender Index

www.propertyboxloan.co.uk

scottarnot@propertyboxloan. co.uk

Product types

Development

Charges

2nd and 3rd

Funding model

Predominantly principal money

FCA regulated

No

Interest range

From 18% pa

Fixed/variable interest

Fixed

Treatment of interest & default Rolled; default charged at 4% pa above current rate interest 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

Lender Index | 123

Together W H O W E A R E : 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.

O U R E T H O S : 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

W H A T W E S P E C I A L I S E I N : 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

Lake View Lakeside Cheadle Cheshire SK8 3GW

124 | Lender Index

www.togethermoney.com/ intermediaries

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

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 Unregulated bridging: from 0.95%, Development: from 1%, BTL: from 7.34%, Commercial term: from 9.99% Fixed/variable interest Fixed and variable Treatment of interest & default Retained or serviced interest Sectors 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 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 & max loan size Unregulated bridging: £26,000–£5m; Development: £500,000–£10m; BTL: £30,000–£2.5m; Commercial term: £26,000–£1.5m 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

Lender Index | 125

Notes

From opportunity to investment.

Bridging loans.

Helping your clients from A. to Buy. All security types considered across England, Scotland & Wales | Loans from £26k to £5m (higher by referral) | Overseas nationals considered |

For professional intermediary use only

Call us on: 03300 573 952 Lender Index | 127

United Trust Bank (UTB) W H O W E A R E : 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.

O U R E T H O S : 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/

W H A T W E S P E C I A L I S E I N : Residential Mortgages, Residential Second Charges, BTL, Regulated & Unregulated Bridging Finance, Structured & Development Finance MEET THE TEAM: Paula Purdy

Gerard Morgan Jackson

07825 720 616 ppurdy@utbank.co.uk

0207 190 5563 gmorganjackson@utbank.co.uk

Paul Turton

Caroline Mirakian

HEAD OF SALES - BRIDGING

HEAD OF STRUCTURED FINANCE SALES

DIRECTOR - BUSINESS DEVELOPMENT & MARKETING – PROPERTY

0207 031 1088 pturton@utbank.co.uk

One Ropemaker Street London EC2Y 9AW

128 | Lender Index

www.utbank.co.uk

SALES & MARKETING DIRECTOR – MORTGAGES

0203 862 1284 cmirakian@utbank.co.uk

info@utbank.co.uk

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 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

Bridging, development, residential first charge and second charge mortgages, buy to let and structured finance 1st and 2nd Deposit funded Yes 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% Dev 90% 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 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 AVM’s, driveby’s & full valuations, short and long form etc AVM’s, drive by & full valuations, short and long form Yes Yes (development finance) Yes No Yes Varies by product - please call to discuss ASTL/FIBA/NACFB Varies by product Valuation and legal for bridging and residential Yes No, for bridging; yes, for BTL and residential Yes Yes, for bridging and residential; No, for BTL and dev Yes, for certain items Bridging will consider land with planning permission granted; BTL and residential will not lend against land alone

Lender Index | 129

We go further so you can too PROPERTY AND MORTGAGE FINANCE

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

T: 020 7190 5555 E: info@utbank.co.uk

United we go further

VAS Group

Valuations...

VALUATIONS...

Why? WHY? WHAT? What?

HOW? How? WHO? Who?

W H O W E A R E : xxx O U R E T H O S : xxx

W H A T W E S P E C I A L I S E I N : xxx MEET THE TEAM: xxx

xxx

XXX

XXX

xxx xxx xxx

xxx xxx xxx

xxx

xxx

XXX

XXX

xxx xxx xxx

xxx

xxx xxx xxx

xxx

xxx

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:

VAS Min & max loan size: Min property value: Valuation retypes:

Rental calculations & exposure: Geographical lending areas: Types of valuation accepted: Where all our valuation New builds:

Grade listed buildings:

knowledge and experience comes together.

Green/sustainable product:

Property valuations are our business. We ensure

Heavy Refurb:

Planning permission needed: valuations are more accurate and your lending Commission rate:

decisions are clearer.

Associations/Charters:

This is why we created Knowledge Hub, a library

Types of landlords accepted: of short one-to-two-minute videos, bringing Upfront fees: Broker portal: Early redemption charges: Investment: Owner occupied:

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.

Electronic signatures accepted: Lending on land:

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 W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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

Andrew Ferguson

0203 928 1822 Thomas.Cantor@westoneloans.co.uk

07368 644 140 Andrew.Ferguson@westoneloans.co.uk

HEAD OF BRIDGING FINANCE

MANAGING DIRECTOR, BUY TO LET

Guy Murray

HEAD OF DEVELOPMENT FINANCE

0208 736 2268 Guy.Murray@westoneloans.co.uk

The Edward Hyde Building 38 Clarendon Road Watford WD17 1JW

134 | Lender Index

www.westoneloans.co.uk

sales@westoneloans.co.uk

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 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

Bridging, Development, BTL, Residential and Seconds 1st and 2nd 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% 65% 85% Bridging: 1–24 months; BTL: 5–25 years; BTL 2nd Charge 3–30 years; Dev finance 12–30 months Bridging: £75,000–£20m; BTL: £50,000–£2m; BTL 2nd Charge: £10,000–£500,000; Dev: £1m–£20m Bridging: £100,000; BTL: £90,000; Dev min GDV: £1.5m Yes, by referral BTL: 125% / 135% coverage on lower-rate taxers and Ltd comp, 140% higher tax taxers England, Scotland, Wales; BTL: England and Wales; Dev: England and Wales AVMs and Red Book. Full valuations needed for BTL Yes Yes Yes Yes, BTL: product specifically for A-C EPC rating, exc. new builds Bridging: no; Dev: Yes; BTL: yes Available from BTL: 0.5%; bridging: 1%; Dev from 1% NACFB, ASTL, FIBA First-time buyers, first time landlords, limited companies, individual, portfolio, foreign nationals, ex-pats Bridging: yes; BTL: yes, £180 application fee and valuation fee for BTL Yes Bridging: no; Dev: no; BTL: product specific Yes Yes Yes Yes

Lender Index | 135

Notes

136 | Lender Index

Whitehall Lending W H O W E A R E : 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.

O U R E T H O S : 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.

W H A T W E S P E C I A L I S E I N : 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.

MEET THE TEAM: Anthony Bodenstein

Asif Hasan Khan

0203 026 7437 anthony@whitehalllending.com

0203 026 7437 asif@whitehalllending.com

Gabriele Pascazio

Richard Sullivan

0203 026 7437 gabriele@whitehalllending.com

0203 026 7437 richard@whitehalllending.com

MANAGING DIRECTOR

DIRECTOR OF FUNDRAISING

VICE PRESIDENT

BUSINESS DEVELOPMENT MANAGER

Mev Mirza

BUSINESS DEVELOPMENT MANAGER

0203 026 7437 mev@whitehalllending.com

4 Hill Street Mayfair London W1J 5NE

138 | Lender Index

www.whitehalllending.com

info@whitehalllending.com

Product types

Bridging, development

Charges

1st and 2nd

Funding model

Self-funded through equity

FCA regulated

No

Interest range

Interest from 0.99% pm

Fixed/variable interest

Fixed

Treatment of interest & default interest

We offer both retained and serviced interest; default interest charged at 2% pm on top of the agreed interest rate

Sectors

Residential, development office, industrial, retail, hospitality, PBSA, HMO

Max LTV

75%

Max LTGDV

70%

Max LTC

N/A

Min & max loan term

3–24 months

Min & max loan size

£20,000–£20m

Min property value

N/A

Valuation retypes

Only on very specific occasions

Rental calculations & exposure

N/A

Geographical lending areas

England & Wales

Types of valuation accepted

Reb Book

New builds

Yes

Heavy Refurb

Yes

Grade listed buildings

Yes

Green/Sustainable product

Yes (please refer to “our ethos” section)

Planning permission needed No Commission rate

1%

Associations/Charters

FIBA

Types of landlords accepted

Both individuals and limited companies, also non-UK residents/entities

Upfront fees

Yes

Broker portal

No

Early redemption charges

No

Investment

Yes

Owner occupied

No

Electronic signatures accepted

Yes

Lending on land

No

Lender Index | 139

Crowdproperty

Cohort Capital

Century Capital

Catalyst

CapitalRise

Buzz Capital

Bridge Invest

BloomSmith

BLEND

Blackfinch Property

Black & White Bridging

Beaufort Capital

Avamore Capital

Atelier

Aspen Bridging

Alternative Bridging Corporation

Albatross Lending Group

Lender Matrix

1st charge

        

      

2nd charge

 

      

 

FCA regulated



 

Interest rate ≤0.70% pcm

 

 





Interest rate ≥0.70% pcm

                

Max LTV ≤75%

   

Max LTV ≥75%

 

    

  

 

  

 

England, Scotland, Wales

EW ESW EW ESW EW ESW EW ESWNI EW ESW EW EW

New builds

                

Heavy Refurb

                

Grade listing buildings

          

Green/sustainable offering



Upfront fees





  

  

       

Broker portal



  



 



Investment

    

Owner occupied

 

Electronic signatures accepted

         

140 | Lender Index



  

Early redemption charges

Lending on land

EW EW ESW ESW

    



Planning permission needed

E





  

   

    



    

      

  



FCA regulated



Interest rate ≤0.70% pcm



Interest rate ≥0.70% pcm



Max LTV ≤75%







  

   









Market Financial Solutions (MFS)

London Credit

LendInvest

Lendhub

Lendco

Kuflink

KHK Capital

InterBay Asset Finance

      







    

Max LTV ≥75%

Inhale Capital

InterBay

Hilco Real Estate Finance

Hana Capital

Glenhawk

       

Funding 365



2nd charge

Finanze Capital

Downing Property Finance

1st charge

DCI Finance

Lender Matrix

   

      

 



   

 

  

 

England, Scotland, Wales

EW ESW EWNI EWNI ESW

New builds



       

E ESWNI EW ESW ESW EW ESW EW EW ESW

      

Heavy Refurb



      

      

Grade listing buildings



       

      

Green/sustainable offering



 



Planning permission needed

    



Upfront fees





Broker portal Early redemption charges

   

 

      

Owner occupied



Electronic signatures accepted



Lending on land



  

      



  

  

  

Investment

EW



  

E

 



 

   

 

 



  









    

Lender Index | 141

1st charge

           

2nd charge

  

 

FCA regulated

Whitehall Lending

West One Loans

United Trust Bank (UTB)

Together

The Property Box Loan Company

TFG Capital

Somo

Scotlend

Ronoco Capital

Puma

Precise

Pivot

Octane Capital

MSP Capital

MS Lending Group

Morpheus Lending

Moody Venture Capital LLP

Lender Matrix

   

        





  

Interest rate ≤0.70% pcm



Interest rate ≥0.70% pcm

     

         

Max LTV ≤75%

 

 

Max LTV ≥75%



  



 

   

EW EW ESW

New builds

                

Heavy Refurb



Grade listing buildings

   

Green/sustainable offering

 

Broker portal



Owner occupied Electronic signatures accepted Lending on land

142 | Lender Index

  

    

 

  



 

  









  

      

   



 

Investment

ESW ESW ESW ESWNI ESW ESW ESW EW

         

Upfront fees

Early redemption charges

EW EW ESW ESWNI E

   

England, Scotland, Wales

Planning permission needed 

E







     



   

            





  

            

       

       

Notes

Lender Index | 143

Property-backed financing Confirmed terms in 24 hours Closing within 1 week We are a specialist bridge finance, short-term finance, auction finance and development finance provider with over a decade in the market.

LTV up to 75%

Self-funded.

Providing certainty of execution

5-7 days on closing

Loan amount

Interest from

24 hours on decision

£200,000 to £20m

0.99% per month

Providing residential and commercial loans

Flexible pricing

speedy turnarounds

If you are looking for a dynamic bridge finance partner, please do contact Whitehall Capital today to see what we can offer.

Term length 3-24 months

Cooperative and transparent relationship with customers

+44 (0) 203 026 7437 info@whitehalllending.com 4 Hill Street, Mayfair, W1J 5NE, London, United Kingdom www.whitehalllending.com