Institutional firepower for the bespoke short-term lending solutions that professional property investors need.
Atelier Capital Partners is a short-term property lender built around a highly experienced team of finance industry professionals. With a primary focus on development lending, they believe that every development is different and consequently every loan must be equally unique. They don’t offer set products and instead retain the flexibility to mould deals to a client’s circumstances. Whilst all types of property project are considered they prefer to lend to developers who want to make a difference, be this through urban regeneration, upcycling or brownfield development. It is important to the Atelier team that their partners have the interests of local communities at heart.
With a focus on land, development, heavy and light refurbishment and auction deals (both commercial and residential) Atelier always calculate their loan to values on a net not a gross basis unlike most other lenders. This gives their borrowers additional flexibility. In addition, they have the internal systems that allow them to offer retained, rolled or serviced interest options. They firmly believe that being unconstrained by products allows them to focus on structuring tailored finance packages for the borrower and their development.
Whether it’s brokers valuers, lawyers or investors the Atelier team always look to work with best-in-class professional partners believing this is the way to achieve superior lending outcomes. They are backed by M&G Investments who injected significant equity into the business and now provide significant capital. These investments are being made on behalf of M&G’s pension fund and institutional clients. Together with their professional partners they aim to provide the UK’s SME property developers with reliable, institutional-grade capital and to do so rapidly and responsibly.
A bridging loan is a short-term loan secured against property. It allows you or your business to “bridge a gap” until either longer-term finance can be arranged, or the underlying security or other assets can be sold.
Bridging loans can be used for a wide variety of purposes. Perhaps the most common purpose is to allow you to buy a new home or business premises before you have sold your existing property. They can also be used by investors to buy property at auction, landlords to acquire buy-to-lets, developers to acquire and renovate properties and businesses to raise working capital. There are a myriad of different uses and Bridging.com can help to find the best loan for you.
Loans generally range from £10,000 to £50M with smaller or larger amounts provided on an exceptional basis. The value and equity within the property or properties you are securing against will determine how much you can borrow. The maximum loan to value (LTV) currently offered by most lenders ranges between 65-80%
In general most bridging loans will fall between 0.5% and 1.5% per month although occasionally they can be either slightly cheaper or slightly more expensive. Each loan is priced on risk with particular attention paid to the property, its location and the strength of your exit strategy.