Build-to-Rent
We specialise in providing lending solutions that can be customised to meet the unique needs and requirements of build-to-rent projects. We offer competitive variable and fixed rate options and terms, which will ensure optimisation of the project's financial performance and return on investment.
Specific Lending Criteria
Security
1st legal charge, guarantees
Interest rate option
Fixed and variable options available. See Atelier's Minimum Rate Card.
Treatment of interest
Rolled or serviced
Gross loan to GDV
70% with discretion to go higher
Max loan to total cost
Max loan to cost 90%
Min/Max loan term
12-36 months
Min/Max loan size
£3m-£40m
Third party mezzanine and second charges
Considered
Refinance
Yes
Geographical lending areas
England, Scotland & Wales
Mixed schemes
Yes
Fees
By arrangement
Minimum interest
Typically, 3 months
Current lending preferences
- Professional developers with a track record of similar developments
- Apartments with access to outside space
- Terraced, semi and detached housing schemes
- Purpose built student accommodation
- Private rented schemes
- Urban and brownfield locations
- Sustainable energy efficient features
- Good projects requiring extra leverage
Minimum Rate Card
| Up to 65% | Up to 67.5% | Up to 70% | |
|---|---|---|---|
| From | From | From | |
| Bridging and Development Finance | BBR+5.99% | BBR+6.25% | BBR+6.49% |
Fees will apply on a case-by-case basis.