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Date: 3 February 2026

Author: Caroline Grey

We are on track for more growth amid an exceptional rise in demand for our lending solutions from housing developers and other borrowers.

Our team is busy converting to loans around £122 million worth of customer enquiries since the start of 2026, our 45th year of business.  

“That’s more than we’ve ever experienced at this point in the year before,” said Commercial Director Adam Tovey. “Such heightened activity signals a clear shift in market sentiment.

“Developers and investors are increasingly confident that conditions are stabilising, and that now may be the right time to move forward with their plans, either by coming to us direct or through a broker.

“Factors driving our record start to a new year are the downward trajectory on base rates, the release of pent-up demand among prospective buyers and greater confidence around property as an investment overall.”

The bulk of the January enquiries have come from new clients keen to take advantage of our recent decision to cut rates on bridging and development loan products.

That was enabled by a landmark facility of £350 million agreed with investment partners J.P. Morgan and Pollen Street Capital last year in a bid to generate more flexibility for competitive lending.

Alongside our ongoing retained lines with Pollen Street Capital and Shawbrook Bank, the new agreement has increased our total funding capacity to £485 million.

And J.P. Morgan has the potential to provide additional funds in future, putting us squarely in the driving seat to achieve a £750 million loan book ambition by 2030.

Adam added: “It’s all about delivering the safe, robust financial strategies that help make development projects a reality on the ground. We have an experienced, expanding team ready to meet the demand for both development and bridging finance.

“Their expertise is coupled with a robust infrastructure able to process high levels of volume in the market. We are known for our speed of decision-making and delivery of funds. Our autonomy as a principal lender means we can lend on the basis of sound underwriting logic but always with an entrepreneurial, solutions-driven approach that makes transactions more efficient and easier for the client.”

With our latest rate cuts, brokers and developers can access bridging deals from 0.75% per month up to 75% LTV and development loans from 0.80% up to 70% LTGDV.

The reductions apply to individual loans from £100,000 to £10 million with pre-agreed credit lines available to support faster drawdown of up to £20 million to cover successive projects.

Bridging terms are designed for timescales of up to 36 months while for development finance, covering new-build residential, terms can span up to 24 months.

Reflecting our focus on relationship-led lending and tailored solutions, we offer a dedicated account manager to guide each customer from loan application through to repayment.

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