Blackfinch Property

Where we Live. Where we Invest. Where we Thrive.

BridgingDevelopmentBuy-to-LetFCA regulated

Max LTV

75%

Interest from

Case-by-case

Loan size

£0.5m-£20m

Term

6–36 months

Charges

1st and 2nd

Areas

England, Wales, Scotland and Northern Ireland

Who they are

Established in 2014, Blackfinch Property is a fully funded provider of short-term financing solutions for residential and commercial real estate. As an independent company, we're efficient and flexible. Our team of investment specialists take a pragmatic approach, to provide cash quickly and with more certainty. Customers benefit from our focus on developers' needs, ability to innovate, commercial outlook and in-house legal team. Blackfinch Property is part of the Blackfinch Group, an award-winning investment specialist dating back over 25 years.

Their ethos

Blackfinch Property incorporates ESG considerations into all of our investment decisions. Our policy shows our commitment to supporting sustainable building practices. We also provide preferential rates for developers who agree to improve a building's Energy Performance Certificate rating. Our philosophy is all about adapting to market conditions, evolving our offering in order to help individuals, businesses and communities to thrive.

What they specialise in

We provide a range of short-term lending products across residential and commercial sectors. These include Buy-To-Let, Bridging, Development, and Commercial term loans.

Meet the team

John Hartigan

Investment Director

j.hartigan@blackfinch.com

Phil Dart

Senior Investment Manager

p.dart@blackfinch.com

David Diemer

Investment Director

d.diemer@blackfinch.com

Nicola Mayes

Senior Investment Manager

n.mayes@blackfinch.com

Contact

1350-1360 Montpellier Court, Gloucester Business Park, Gloucester, GL3 4AH

blackfinchproperty.com

propertyenquiries@blackfinch.com

Lending criteria

Funding model: Retail, HNWs
FCA regulated: Yes
Fixed/variable interest: Fixed
Treatment of interest & default interest: Rolled and serviced
Sectors: All sectors
Max LTGDV: 70%
Max LTC: 85%/90% (requires 5% cash equity)
Valuation retypes: Yes, upon agreement
Rental calculations & exposure: 1.25x ICR for BTL and commercial mortgages
Types of valuation accepted: Red Book
New builds: Yes
Heavy refurb: Yes
Grade listed buildings: Yes
Green/sustainable product: Preferential rates for new builds with EPC rating A; lower rates for higher EPCs on bridging/BTL
Planning permission needed: Yes
Commission rate: Typically 1% or as agreed
Associations/charters: NACFB
Types of landlords accepted: No restrictions, but the borrowing SPV must be a UK registered company
Upfront fees: Yes
Broker portal: Yes
Early redemption charges: No
Investment: Yes
Owner occupied: Yes
Electronic signatures accepted: Yes
Lending on land: Yes