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Pallas Capital

Speed, certainty of execution and tailored structuring.

BridgingDevelopmentRefurbishmentLends on Land

Max LTV

75%

Interest from

0.70% pcm

Loan size

£750,000–£35m

Term

9–36 months

Charges

1st

Areas

England, Wales, Scotland and Northern Ireland

Who they are

Established in 2016 by a team of professionals from law, finance, development and construction backgrounds, we have rapidly grown from a relatively small start-up to a team of over 275 people globally. With responsibility for property development assets and real estate lending across Australia, New Zealand, and the United Kingdom, our focus is exceptional customer service, speed and certainty of execution. Our bridging and development finance products cover every stage of the property cycle. Whether you’re acquiring, refurbishing, developing or refinancing, we can structure a facility that fits your project, anywhere in the UK.

Their ethos

Supported by diverse institutional funding lines, we provide maximum flexibility and responsiveness for brokers – a life-cycle lender that has the autonomy and surety of delivery to support your clients through a variety of scenarios with confidence. The origination and underwriting teams work seamlessly for a wholly positive case journey – from first enquiry through to completion and beyond. We actively engage with brokers on a level that invites collaboration and feedback – which we can pour back into our proposition to ensure we’re answering your needs and evolving with you.

What they specialise in

We offer up to £35 million for mixed use, residential and commercial development, and bridging loans. Our funding covers a broad range of borrower needs, including: purchase, refinance, equity release, development exit, refurbishment, ground-up development and refinancing of vacant land.

Meet the team

Ben Keenan

Executive Director

ben.keenan@pallascapital.co.uk

Archie Dickinson

Originator

archie.dickinson@pallascapital.co.uk

Uliana Kuzmis

Chief Credit Officer

uliana.kuzmis@pallascapital.co.uk

Anna Thompson

Originator

anna.thompson@pallascapital.co.uk

Contact

Fora Liberty House, 3.01, 222 Regent Street, London, W1B 5TR

www.pallascapital.co.uk

lending@pallascapital.co.uk

Lending criteria

Funding model
A diverse set of institutional funding lines
FCA regulated
No
Fixed/variable interest
Variable
Treatment of interest & default interest
Rolled, serviced or retained
Sectors
Residential, commercial, mixed use and land
Max LTGDV
70%
Max LTC
90%
Min property value
N/A
Valuation retypes
Yes
Rental calculations & exposure
N/A
Types of valuation accepted
Red Book, retypes
New builds
Yes
Heavy refurb
Yes
Grade listed buildings
Yes
Green/sustainable product
No
Planning permission needed
Yes
Commission rate
Up to 2%
Associations/charters
NACFB and BDLA
Types of landlords accepted
Limited companies, individuals and partnerships
Upfront fees
Yes
Broker portal
No
Early redemption charges
Yes
Investment
Yes
Owner occupied
No
Electronic signatures accepted
Yes
Lending on land
Yes

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Lender information courtesy of The Lender Index by Bridging & Commercial.

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