REAL ESTATE BRIDGING FINANCE
Single Properties £500K - £3m
Portfolios/Blocks £500K - £6m
Term 3-18 months
1st & 2nd Charge
England & Wales
Residential 70% LTV
Commercial 60% LTV
Mixed Use 65% LTV
Fortgate Capital is a non bank real estate bridging lender. We offer residential, commercial & mixed use bridging loans between £500k - £6m secured on a first or second charge basis against single assets and portfolios across England and Wales.
Our tailored financing solutions are assessed and underwritten in house by our principals.
We adopt an entrepreneurial approach to financing solutions that relies on innovative and customised thinking, despite any complexity of the borrowing requirements.
Who Do We Work With
Individuals, Companies, SPV’s, Trusts, Offshore/Overseas Borrowers
Experienced Investors & Developers on Residential & Commercial UK Real Estate
Intermediaries, Brokers, Professional Introducers & Borrowers Directly
Key Loan Information
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Loan Sizes From:
Single Property Assets : £500K - £3m
Portfolio Properties/Blocks £500K - £6m
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Loan Terms From:
3 months to 18 months*
*Maximum 3 month extension
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Up to 70% LTV Residential
Up to 70% of the lower of the 180 day value or the purchase price of the property. Max gross LTV per single loan: 70%. Purchase finance max lending is the lower of 70% of the lower of purchase price or valuation. Special situations purchase on a bulk purchase with significant discount, we may consider up to 75% LTPP.
Up to 60% LTV Commercial
Similar to residential, but max gross LTV is 60% (typically look at 180-days VP value. If the property is fully let with long-term contracts, may consider 180-day MV)
Up to 65% LTV Mixed use
Mixed use (combination of residential & commercial properties) Max LTV 65% (resi should be at least 50% of the mix)
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Residential
Starting from 0.79% per month
Semi Commercial
Starting from 0.93% per month
Commercial
Starting from 0.97% per month
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Single Residential properties
Residential portfolios
Mixed use (minimum 50% residential mix)
Build to rent
Office space/Office blocks
Student housing/PBSA
Warehouses
Industrial (light)
Care Homes
Hotels
Shopping centres/Shopping malls
HMO’s
Shops/Retail/Retail parks
Date centres/Logistics
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Acquisition
Refinance
Equity Release
Restructuring
Light Refurbishment/Capex
Rolling Asset Refurbishment
Development Holding/Asset Stabilisation
Development Exit
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1st Charge
2nd Charge
Freehold & Leasehold
PG’s required for all loans
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England & Wales
London - within M25 area
Major cities within the UK with population of 300k or greater
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Fully retained
Serviced
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Individuals
UK Limited companies
LLP’s
SPV’s
Offshore companies Trusts
Foreign nationals
PEP’s subject to enhanced due diligence
Adverse credit
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