David Higson

Blackfinch Property exceeds £150m of lending



Blackfinch Property has revealed that it has undertaken more than £150m worth of bridging and development loans across the UK.

In the last 12 months alone, it has provided £79m with loans spread across a range of sectors, including new builds and refurbishments.

It also provides funding for commercial, hospitality and leisure, offices, light industrial and specialist residential, including care homes and assisted living.

In addition, Blackfinch has expanded its team alongside the loan book, with 12 employees now at the firm, which includes its in-house legal team.

The lender — which focuses on senior and stretched senior loans — will typically lend up to 70% LTV and 85% loan-to-cost for either residential or commercial property.

Blackfinch will ordinarily ensure that the same deal manager works with borrowers and brokers throughout the term of a loan, from origination to due diligence, monitoring and redemption.

The company has been actively growing by raising additional funding.

Pictured above: David Higson, investment director at Blackfinch Property


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