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IRELAND

Fast and reliable relationship lending

We offer a wide range of bridging and development solutions, moulded to the unique requirements of your clients.

Sancus looks at each loan opportunity on a “case by case” basis but as a guide, we look for:

Asset Type Residential properties
Purposes Site acquisition, Development and Refinancing
Loan Size €500k to €10m
Term Length up to 24 months
LTV/LTC up to 85%
Where Republic of Ireland and Northern Ireland
Who we lend to Professional landlords, property investors and property developers
Typical Borrower SPVs
Type of Projects Ground-up developments of 1 to 100 units, major structural renovation of
an existing building, office to residential conversion, residential, mixed-use, HMOs.
Rates From 8.5% pa plus fees
General Criteria
  • Explicable historic adverse credit history considered on a case by case basis
  • 1st charge security required in all cases
  • Satisfactory Due Diligence
Asset Type Residential properties
Purposes Refurbishment, Renovation and Planning Intensification
Loan size €500k to €10m
Term Length 6 to 24 months
LTV/LTC 65%/85%
Where Republic of Ireland and Northern Ireland
Who we lend to Professional landlords, property investors and property developers
Typical Borrowers SPVs
Types of Projects Residential, mixed-use, single or multiple properties, auctions, HMOs, light to heavy refurbishment, pre-63
Rates From 8.5% pa plus fee
General Criteria
  • Explicable historic adverse credit history considered on a case by case basis
  • 1st charge security required in all cases
  • Satisfactory Due Diligence
Asset Type Residential Properties
Purposes Property Bridging
Loan Size €500k to €10m
Term Length 6 to 12 months
LTV/LTC 65%
Where Republic of Ireland and Northern Ireland
Who we lend to Professional landlords, property investors and property developers
Typical Borrower SPVs
Types of Projects Residential, mixed-use, single or multiple properties, auctions, HMOs, pre-63
Rates from 8.5% pa plus fees
General Criteria
  • Explicable historic adverse credit history considered on a case by case basis
  • 1st charge security required in all cases
  • Satisfactory Due Diligence

We offer a wide range of bridging and development solutions, moulded to the unique requirements of your clients, our experienced team are here to give you and your client certainty that we deliver what we say we will.

We understand that you need to have confidence in us and that we support you and your client throughout the process, that’s why we have one point of contact from initial enquiry through to drawdown.

Contact our Ireland team

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When we recommend funders to clients, Sancus will often be one of our top 3 because of the certainty, creativity and relationship focused approach they bring to transactions."

Steve Long

Director, ACDS Consultants

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Ireland Case Study
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Development Loan

Development Loan

Residential development loan funding the construction of 19 houses in a Cork city commuter village.

The borrower, who is an experienced builder developer, is a repeat client of Sancus.

The initial loan was for 14 houses but this was increased and partially recycled to facilitate the construction of an additional 5 houses on receipt of planning permission.

The loan was fully repaid following the sale of the houses on the private market.

Jurisdiction of asset Amount of loan GDV of Property
Cork, Ireland €3.7m €6.93m
Interest Term LTV
Fully rolled up 1.5 years 63%
Ireland Case Study
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Refurbishment Loan

Refurbishment Loan

The loan was used to refurbish and extend a significant period residence.

On completion the loan was refinanced via a conventional lender.

An introducer fee was paid to the broker on loan closing.

Jurisdiction of asset Amount of loan GDV of Property
Kildare, Ireland €1.1m €3.3m
Interest Term Loan to GDV
Fully rolled up 1.5 years 33%
Ireland Case Study
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Development Loan

Development Loan

The Loan of €1.86 million was advanced to fund the development of 8 houses in Santry, north Dublin.

The loan was repaid from the sale of the completed houses to an Approved Housing Body (who in turn leased the houses to the local council for social housing provision).

An introducer fee was paid to the broker on loan closing.

Jurisdiction of asset Amount of loan GDV of Property
Dublin, Ireland €1.86m €3.1m
Interest Term LTC
Fully rolled up 1 year 78%

Certainty and professionalism ready when you are

To discuss a potential case please contact:
Headshot of Michael Mooney

Michael Mooney

Managing Director (Ireland)

T+353 (0)1 477 3611

M+353 (0)87 973 5862

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Headshot of Geoff Savage

Geoff Savage

Director of Lending (Ireland)

T+353 (0)1 477 3612

M+353 (0)87 781 8675

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Sean Mulleady

Business Development Manager (Ireland)

T+353 (0)1 477 3612

M+353 (0)85 149 6438

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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.