OVERVIEW


 

We specialise in providing short-term loans secured against commercial/semi-commercial property with or without a tenant in place.

These loans are used where there is a commercial or mixed use property being provided as security and the purpose of the loan is to either acquire the property or release funds. We also specialise in providing loans secured against land with a planning permission in place. Typical examples include:

  • To purchase a commercial property quickly when it may not be viable to arrange traditional high street finance (e.g. when there is no income).

  • To provide time to extend leases.

  • To release equity to release funds. 

  • To provide time to rework a planning permission that has been obtained against a piece of land.

  • To acquire land with planning prior to obtaining development finance to support the build of the site. 

 
Unlike many of our peers, we are happy to provide commercial and land loans across England & Wales.

 
 

CRITERIA

STANDARD PARAMETERS

NOTES


 

LOAN SIZE

£150,000 - £5,000,000

Loans smaller / larger considered by exception

 

 

LEVERAGE

Up to 65% (gross)

 

 

TERM

3 months minimum interest applicable on any facility redeemed within 3 months. Max loan term for land is 12m.

3 - 15 months

 

 

FEES

Valuation fees payable directly to valuation panel manager

2% arragement fee, valuation and legal fees, £295 administration fee

 

 

LOCATION

Across England & Wales

 

A1, A2, B1, C1, C2, D1 use classes accepted

PROPERTY TYPE

 

Freehold; leasehold with 75+ years on lease; possessory title

TENURE

 

 

BORROWER PROFILE

Overseas companies with non UK resident shareholders cannot be accepted

Acceptable borrowers include: UK residents; UK companies; selected overseas companies with shareholders resident in UK

 
 
 
 

CASE STUDIES

 

 

LAND BRIDGE 

COMMERCIAL BRIDGE 

 

57.78% LTV

Loan secured against a Grade II listed commercial building in Brighton


Loan amount: £2,600,000

 

18.26% LTV

Loan secured against land in NE England with planning for 625 units


Loan amount: £3,950,000