Short-term property finance, built around your project. Bridging, refurbishment and commercial loans for property investors and developers across England and Wales.
Tell us about the deal and see the range, the maximum leverage and the key terms. Nothing here is shared or saved.
Property type
Project
Residential
80% LTV
Within our Core range: loans up to £350k and terms up to 18 months.
Indicative only, subject to underwriting.
First-charge bridging finance for property investors and developers. Here is what we fund today, and what the Plus range will add.
| Product | Core · available now Loans up to £350k | Plus · coming soon Mainly loans £350k to £3m |
|---|---|---|
| Bridging | ||
Residential Purchase, refinance, capital raising, HMOs | 80% LTV | 75% LTV Higher on review |
Semi-commercial Mixed use, such as shops with flats | 65% LTV | 70% LTV Commercial part up to 30% |
Commercial Offices, retail and industrial | 60% LTV | 70% LTV With residential planning or PD |
| Refurbishment & conversion | ||
Light refurbishment Cosmetic and non-structural works | 80% LTV · 70% of GDV | 75% of GDV · 85% of costs Works up to 40% of value |
Heavy refurbishment Structural works, planning in place | 80% LTV · 70% of GDV | Not at launch |
Conversions HMOs, title splits, change of use | 80% LTV · 70% of GDV | 75% of GDV Where works are light |
Commercial refurbishment Works to commercial property | 60% LTV · 55% of GDV | Not offered |
| Development & other | ||
Ground-up development New-build schemes | On review | On review |
Land with planning permission Plots with consent in place | On review | On review |
Second charges, owner-occupied Also regulated loans and land without planning | Not offered | Not offered |
| Key terms | ||
| Loan size | £50k to £350k | £350k to £3m Smaller loans for deals outside Core |
| Term | Up to 18 months | 1 to 24 months |
| Interest | Serviced or retained | Serviced or retained |
Core covers loans up to £350k today. Plus, coming soon, covers £350k to £3m, and smaller loans for deals outside the Core range.
Up to £350k on residential, semi-commercial and commercial, including heavy refurbishment.
£350k to £3m, plus smaller deals Core can't do, such as longer terms.
Loan size
Lighter band: smaller Plus loans, for deals outside the Core range.
Tell us about the deal
Share the property, the loan you need and your exit. We come back with indicative terms.
Agree terms
Accept the terms, complete a short application and provide ID and supporting documents.
Valuation & legals
An independent RICS valuer reports on the property, by desktop valuation where possible, while solicitors complete the legal work.
Completion
Funds are released on completion. Works funding is drawn in stages as the project progresses.
Retained
Held back from the loan at the start, so no monthly payments.
Serviced
Paid monthly, so more of the loan goes to the deal.
Four products covering the most common investor and developer needs, on loans from £50,000 to £350,000.
Buy, refinance or raise capital on residential investment property, quickly and without a long chain.
Funds the purchase and the works, with works money released in stages as the project progresses.
Mixed-use property, such as a shop, office or café with flats above.
Offices, retail and industrial units, including projects to refurbish them.
70%LTV
0.89%pm
2.25%arrangement
75%LTV
0.90%pm
2.35%arrangement
80%LTV
0.93%pm
2.35%arrangement
Indicative rates for residential loans. Final pricing reflects the borrower's credit profile and the complexity of the project. Semi-commercial and commercial loans are priced on application. Valuation and the borrower's own legal costs are paid at cost.
Coming soon
For loans from £350k to £3m, and for smaller loans that fall outside the Core range: longer terms or higher leverage on review.
LTV+
Higher LTVs possible upon review
Have a strong case that needs more leverage than the standard limits? Talk to us. We can go further on the right deal.
75%LTV
Purchase, refinance and capital raising. Below-market-value purchases accepted, with LTV based on the lower of price and valuation.
75%of GDV
Works of up to 40% of the property's current value. Up to 85% of total costs, with 100% of the works funded in stages.
70%LTV
Mixed-use property where the commercial part is no more than 30% of the value.
70%LTV
Commercial property with residential planning or permitted development rights in place. From £100k, minimum 3-month term.
Not sure where your deal fits?
Send us the details and we'll tell you which range suits it, and on what terms.
Talk to usAll loans are subject to status, valuation, legal due diligence and credit approval. Criteria and pricing are indicative and may change without notice. Plus range products are not yet available.