Ability Capital
Ability Capital believe that there is an alternative to the complex nature of real estate funding where, the lending criteria rules over commerciality, and is often too restrictive. Furthermore, the time taken to reach a decision is too long.
Through our creative lending structures and vast experience, we provide development and bridging finance on all property assets classes; Including: Residential, Commercial and Hotels.
Residential
High-value bridging finance for residential purchases, refinances, or development projects.
Commercial
Flexible short-term funding for commercial property purchases, refinance, or development.
Hotels
Fast, tailored bridging finance for hotel acquisitions, refurbishments, or refinance.
Ability Capital has a clear and fast approval process, with decisions made in hours instead of weeks. They only lend against first-charge assets to keep things secure. The focus is on backing solid projects in good locations and building long-term relationships. Loan sizes usually range from £10 million to £150 million. With over 40 years of experience in property, the team knows how to help borrowers overcome challenges and get the best possible outcome. They also understand what it’s like to be in the borrower’s position and aim to be fair and supportive.
Our Products
Bridge Lending
| SECTOR | LTV | MIN PROPERTY VALUE | MAX PROPERTY | INTEREST RATES | ARRANGEMENT FEES | BACK END FEES |
|---|---|---|---|---|---|---|
|
Hotel |
70% |
£15,000,000 |
£150,000,000 |
TBC |
TBC |
TBC |
|
Office |
70% |
£15,000,000 |
£15,000,000 |
TBC |
TBC |
TBC |
|
Residential |
75% |
£15,000,000 |
£15,000,000 |
TBC |
TBC |
TBC |
Development Lending
| SECTOR | LTV | MIN PROPERTY VALUE | MAX PROPERTY | INTEREST RATES | ARRANGEMENT FEES | BACK END FEES |
|---|---|---|---|---|---|---|
|
Residential |
90%
COST/
70% GDV |
DISCRETIONARY DEPENDING ON PROJECT
ANALYSIS AND RISK |
|
|
|
|
|
Office |
80%Cost/
65% GDV |
DISCRETIONARY DEPENDING ON PROJECT
ANALYSIS AND RISK |
|
|
|
|
|
Hotels |
80%
Cost/65
GDV |
DISCRETIONARY DEPENDING ON PROJECT
ANALYSIS AND RISK |
|
|
|
|
| ABILITY CAPITAL | |||
|---|---|---|---|
|
Property Type |
Multi Unit Residential /
Commercial / Hospitality / Industrial |
Multi Unit Residential /
Commercial / Hospitality / Refurb / Ground up |
|
|
Loan Amount |
£20m – £50m |
£20m – £50m |
|
|
Max Gross LTV / LtGDV |
Up to 75%
No Heavy refurb/Ground-up |
Residential Light to medium refurb : 60-70%
Heavy Refurb/Ground-up: 55-62.5%
Commercial/Hospitality: 50-60% |
|
|
Geographic Region |
England and Wales
Other geographies considered on a case by case basis |
England and Wales
Other geographies considered on a case by case basis |
|
|
Loan Servicing |
Serviced / Capitalised |
Serviced / Capitalised |
|
|
Max Loan Term |
48 Months |
24 Months + 12 month extension subject to approval |
|
|
Borrower Profile |
Individual / Corporate |
Individual / Corporate |
|
|
Capacity |
£250m |
£250m |
|
|
Cost of Capital |
From 6.5% plus BOE Base rate |
From 8% plus BOE Base rate |
|
|
Security |
First Charge |
First Charge |
|
|
Pre-Planning Risk |
No pre-planning
|
No pre-planning
|
|
|
Fees |
Negotiable |
Negotiable
|
|
| ABILITY CAPITAL | |||
|---|---|---|---|
| Property Type | Multi Unit Residential / Commercial / Hospitality / Industrial | Multi Unit Residential / Commercial / Hospitality / Refurb / Ground up | |
| Loan Amount | £20m - £50m | £20m - £50m | |
| Max Gross LTV / LtGDV |
Up to 75% No Heavy refurb/Ground-up |
Residential Light to medium refurb: 60-70% Heavy Refurb/Ground-up: 55-62.5% Commercial/Hospitality: 50-60% |
|
| Geographic Region | England and Wales Other geographies considered on a case by case basis |
England and Wales Other geographies considered on a case by case basis |
|
| Loan Servicing | Serviced / Capitalised | Serviced / Capitalised | |
| Max Loan Term | 48 Months | 24 Months + 12 month extension subject to approval | |
| Borrower Profile | Individual / Corporate | Individual / Corporate | |
| Capacity | £250m | £250m | |
| Cost of Capital | From 6.5% plus BOE Base rate | From 8% plus BOE Base rate | |
| Security | First Charge | First Charge | |
| Pre-Planning Risk | No pre-planning | No pre-planning | |
| Fees | Negotiable | Negotiable | |
