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UK

Property bridging loans and development finance in England, Scotland and Wales.

Straightforward property development finance and bridging loans for developers, property investors, professional landlords and entrepreneurs.

Our experienced teams of property finance professionals are based around the UK. They understand the need for clarity, transparency, efficiency and speed of execution when funding property development projects and supplying bridging finance.

Contact our UK team 

Asset Type Residential properties
Purposes Refurbishment
Loan Size £750k to £5m
Term Length up to 24 months
Interest Rolled to the end of the loan
Refurbishment Costs up to 100%
Day 1 LTV up to 75% excluding interest
LTGDV up to 75% of GDV including interest roll up
Where England and Wales*
Rates From 0.49% pm plus base rate
OMV We lend on Open Market Value
Who we lend to Professional landlords, property investors, property developers, first-time investment, foreign Nationals, Ex-Pats, LLPs, Ltds, PLCs, SPVs
Typical Borrower Private Individuals, Investors, Developers, Corporates
Types of Projects Residential, semi-commercial, mixed-use, single or multiple properties, auctions, HMOs, light to heavy refurbishment
General Criteria
  • No outstanding CCJs, bankruptcies or poor credit, but explicable historic adverse credit considered on a case by case basis
  • 1st charge security required in all cases
  • Satisfactory Due Diligence
*we also offer other bridging and development products across the rest of the UK

 

Asset Types Residential Properties
Purposes Property Bridging
Loan Size £500k to £5m
Term Length up to 24 months
LTV/LTC 75%/85%
Where England and Wales*
Who we lend to Professional landlords, property investors, property developers, first-time investment, foreign Nationals, Ex-Pats, LLPs, Ltds, PLCs, SPVs
Typical Borrower Private Individuals, Investors, Developers, Corporates
Types of Projects Residential, semi-commercial, mixed-use, single or multiple properties, auctions, HMOs
Rates From 0.49% pm plus base rate
General Criteria
  • No outstanding CCJs, bankruptcies or poor credit, but explicable historic adverse credit considered on a case by case basis
  • 1st charge security required in all cases
  • Evidence of affordability if interest is to be serviced
  • Satisfactory Due Diligence
*we also offer other bridging and development products across the rest of the UK

 

Asset Types Residential Properties
Purposes Development and Refinancing
Loan Size £1m to £10m
Term Length up to 24 months
LTV/LTC 75%/85%
Where England and Wales*
Who we lend to Property Investors, Property Developers, Foreign Nationals, Ex-Pats, LLPs,
Ltds, PLCs, SPVs, HNWIs, Trusts, Funds, Family Offices
Typical Borrower Experienced Developers with cash to commit to the project
Types of Projects Ground-up developments of 1 to 50 units, major structural renovation of
an existing building, office to residential conversion, residential, semi-commercial, mixed-use, HMOs
Rates From 0.49% pm plus base rate
General Criteria
  • No outstanding CCJs, bankruptcies or poor credit, but explicable historic adverse credit considered on a case by case basis
  • 1st charge security required in all cases
  • Evidence of affordability if interest is to be serviced
  • Satisfactory Due Diligence
*we also offer other bridging and development products across the rest of the UK

 

Sancus Lending (UK) offer fast, flexible residential property finance, allowing Borrowers to take advantage of new opportunities to grow their businesses or property portfolios prior to refinancing with a traditional lender or selling onwards.

Our highly experienced teams use their deep understanding of the property market to ensure we get all the important information up-front, so we don’t waste your time.

We will act fast and advise quickly if your loan proposition is a good fit and move things forward at a speed that works for you. We know how important it is to have certainty and support from your lender when committing to a project and we often develop long-term relationships with our Borrowers; funding and working with them on numerous projects.

We firmly believe in transparent relationship-lending; our teams work closely with each Borrower to understand their development or bridging needs then mould our financing to make borrowing from us as straightforward as possible.

We offer finance across the whole of the United Kingdom.

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The Sancus team were professional, approachable and supportive throughout the entire project. I would certainly recommend Sancus to other developers.”

Nancy Liu, Xi-Haus Property Development

Borrower

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Borrowers UK Case Study
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Development Loan

Development Loan

The loan was used to develop an 8 unit assisted living scheme.

The Borrower, an experienced contractor had permission to build the bungalows with an ancillary staff bungalow attached.

The build would complete over a 12 month period and then the Borrower would refinance within the following 3 months.

The property will be retained by the Borrower on completion, with the loan being repaid to Sancus through refinancing with a long-term mortgage provider.

Jurisdiction of asset Amount of loan LTV
Staffordshire, UK £1,216,805 30%
Term Interest Early Repayment Penalty
15 months Rolled Minimum 6 months
Borrowers UK Case Study
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Development Loan

Development Loan

The project was a joint venture between two UBOs (ultimate beneficial owners) with a company established as the holding vehicle for the project, both UBOs were experienced property developers.

The development consisted of two linked buildings that were currently vacant but laid out as office accommodation and the Borrower had obtained planning permission to build 31 apartments on the site.

The scheme, once completed was “Help to Buy” registered and made available on the open market.

The loan was repaid through the sale of the units.

Jurisdiction of asset Amount of loan LTV
Hull, UK £3,046,870 63%
Term Interest Early Repayment Penalty
18 months Rolled Minimum 6 months, repayments permissible any time
Borrowers UK Case Study
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Refurbishment

Refurbishment

A loan to support the purchase and refurbishment of a property in Cumbria.

An SPV (special purpose vehicle) was set up by the guarantors for the transaction.

The property comprised a 6-bedroom house with planning approval for two, 2 storey 3-bedroom houses in the garden. The loan was required for refurbishment of the main house only.

Both principals were quantity surveyors with experience of property construction and development.

The loan was to be repaid through the sale of the house or refinanced through a traditional lender.

Jurisdiction of asset Amount of loan LTV
Cumbria, UK £537,283 63%
Term Interest Early Repayment Penalty
15 months Rolled Minimum 3 months, repayments permissible any time

Certainty and professionalism ready when you are

To discuss a potential case please contact:
Richard Whitehouse in front of bookshelf

Richard Whitehouse

Managing Director (UK)

T+44 (0)207 022 6528

M+44 (0)7940 561 650

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Jaxon Stevens

Head of Sales (South, UK)

M+44 (0)7961 411671

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Bob Rowbotham

Director of Business Development (South, UK)

T+44 (0)207 062 3750

M+44 (0)7715 648 516

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Headshot of Barry Dillon

Barry Dillon

Business Development Manager (North, UK)

T+44 (0)207 022 6528

M+44 (0)7483 425483

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Headshot of Steven Darbyshire

Steven Darbyshire

Business Development Manager (North, UK)

T+44 (0)207 022 6528

M+44 (0)7483 131 363

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Risk Warning: You could lose all or part of your capital. Indicated returns, unless otherwise stated, are shown before any provision for bad debts and may be subject to tax.

Funding through Sancus is entirely at your own risk and the decision whether or not to is solely yours. The return on any funding opportunity is dependent on a number of factors and cannot be guaranteed. We cannot give assurances as to the creditworthiness of any borrowers, the collectability of any repayment, the quality and accuracy of any information obtained in respect of any funding opportunity or the enforceability of any security. In the event of a default, the timescales and outcome of any recovery is inherently uncertain. By using the platform, you knowingly accept the foregoing risks and you further accept that the role of Sancus is limited to providing an online marketplace for users and that information obtained from Sancus does not constitute legal, financial, tax or other advice or recommendation in relation to a funding opportunity, and you will conduct your own research and form your own opinion as to whether or not to participate in a funding opportunity. There is no recourse to the Financial Services Compensation Scheme, or other such government run compensation schemes. The UK platform is operated by Sancus Lending (UK) Limited, a UK incorporated company which is authorised and regulated by the Financial Conduct Authority, firm reference number 593992.