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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
Hotels
With a transparent approval process and dedicated team; decisions can be turned around in hours as opposed to weeks.
Robust security will be in place – first charged assets only will be considered. Ability Capital are looking to support good projects, in strong locations, with a view to building long term relationships. Typical loan values will be from £10m – £150m. With 40 years + experience in the real estate sector, Ability have the skills and experience to help the borrower navigate any challenges they face to ensure recovery for the company will be maximised. Furthermore, the experience Ability has will enable them to put themselves in the “borrower’s shoes”
| 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 |
| 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 | |
* Please note all loan enquiries are handled and processed through our partners Arc & Co.
