What we do

Every development is different. So is every loan.

Whatever your finance requirements, we create loans to suit you. From a simple bridge to a complex development facility, our loans are structured around you and your needs.

We don’t ‘do’ set products. Instead, we structure loans around the unique requirements and circumstances of those investing in the project.

We will consider loans for every kind of property project but are especially keen to lend to developers who want to make a difference, whether through urban regeneration, upcycling or brownfield development, and who do so transparently, responsibly and sympathetically.

By creatively blending relationship and real estate expertise with leading edge technology, we are able to provide innovative loan structures, and where needed, a little extra leverage, to give our borrowers additional flexibility and firepower. Our maximum loan size is £15m and we offer rolled and serviced interest options.

Ground-Up Development

Atelier works with experienced developers who require finance to develop new homes from the ground up.

Our in-house team of lawyers, surveyors and credit experts cuts through complexity to craft custom lending solutions that are precisely tailored to each borrower and project.

Once in place, our facilities cover the developer’s projected funding, enabling them to make seamless drawdowns and keeping the project liquid, funded and on track. And our professional team is always on hand to provide advice and assistance as the project progresses.

Projects building on urban brownfield land, as well as schemes with carbon reduction features and a focus on sustainability, are particularly welcome.

Security

1st legal charge, guarantees

Interest rate range

Dependent on leverage and risk from 6.99% fixed pa

Security types

Residential, Mixed Use, Student, Care Homes, Hotels

Treatment of interest

Rolled or serviced

Gross loan to GDV

70% with discretion to go higher

Max loan to total cost

90%, 100% development costs

Min/Max loan term

12-24 months

Min/Max loan size

£3m - £15m

Third party mezzanine and second charges

Considered

Refinance

Yes

Geographical lending areas

England, Scotland & Wales

Mixed schemes

Yes

Fees

Typically 1% arrangement fee, 1% exit fee

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

Permitted Development

Permitted development is an exciting and integral part of the UK real estate landscape, and has opened up countless opportunities for developers to reinvigorate and repurpose existing buildings. By using existing structures, PD projects can prevent new carbon emissions compared with building a development from scratch.

Permitted development often presents unique risks and challenges. Our in-house team of lawyers, surveyors and credit experts is experienced in navigating these risks and in crafting bespoke lending solutions calibrated to each individual project and borrower.

Once in place, our facilities cover the developer’s projected funding, enabling them to make seamless drawdowns and keeping the project liquid, funded and on track. And our professional team is always on hand to provide practical advice and assistance as the project progresses.

Security

1st legal charge, guarantees

Interest rate range

Dependent on leverage and risk from 6.99% fixed pa

Security types

Residential, Mixed Use, Student, Care Homes, Hotels

Treatment of interest

Rolled or serviced

Max gross loan to GDV

60% commercial 70% residential with discretion to go higher

Max loan to total cost

90%, 100% development costs

Min/Max loan term

6-24 months

Min/Max loan size

£2m - £15m

Third party mezzanine and second charges

Considered

Refinance

Yes

Geographical lending areas

England, Scotland & Wales

Mixed schemes

Yes

Fees

Typically 1% arrangement fee, 1% exit fee

Minimum interest

Typically, 3 months

Current lending preferences

  • Professional developers with a track record of similar developments
  • Assets converting to residential
  • Urban location with good local amenities
  • Sympathetic and appropriate schemes typically under 50 units
  • Good projects requiring extra leverage

Conversion & Refurbishment

Reinvigorating and repurposing existing buildings is an efficient and sustainable way to extend the useful life of real estate.

Just as every project is different, each scheme presents unique risks and challenges. Our in-house team of lawyers, surveyors and credit experts is experienced in assessing these differences and can craft custom lending solutions that are unique to the asset and the project’s building programme.

Once in place, our facilities cover the developer’s projected funding, enabling them to make seamless drawdowns and keeping the project liquid, funded and on track. And our professional team is always on hand to provide practical advice and assistance as the project progresses.

Security

1st legal charge, guarantees

Interest rate range

Dependent on leverage and risk from 6.99% fixed pa

Security types

Residential, Mixed Use, Student, Care Homes, Hotels

Treatment of interest

Rolled or serviced

Gross loan to GDV

60% commercial 70% residential with discretion to go higher

Max loan to total cost

90%, 100% development costs

Min/Max loan term

9-24 months

Min/Max loan size

£1m - £15m

Third party mezzanine and second charges

Considered

Refinance

Yes

Geographical lending areas

England, Scotland & Wales

Listed or conservation

Yes, subject to details

Mixed schemes

Yes

Fees

Typically 1% arrangement fee, 1% exit fee

Minimum interest

Typically, 3 months

Current lending preferences

  • Professional developers with a track record of similar developments
  • Residential and commercial including HMO
  • Established locations with similar properties nearby
  • Light, medium, and heavy refurbishments
  • Good projects requiring extra leverage

Bridging

Atelier recognises the importance of rapid liquidity during the real estate journey. The need to ‘bridge’ from one stage to next, often as value is added and the project takes shape, is vital to maximise the opportunity and reduce risk.

Atelier understands this, so our team of lawyers, surveyors, and credit experts is on hand to craft custom lending solutions that are precisely tailored to the project, the stage it is at and what the finance is for.

Typical bridge uses include acquisition, auction, planning gain, and developer exit.

Security

1st legal charge, guarantees

Interest rate range

Dependent on leverage and risk from 0.53% pm

Security types

Residential, Mixed Use, Student, Care Homes, Hotels

Treatment of interest

Rolled or serviced

Max gross LTV

60% commercial 70% residential with discretion to go higher

Max loan to total cost

90%

Min/Max loan term

6-12 months typically, discretion for longer

Min/Max loan size

£1m - £15m

Third party mezzanine and second charges

Considered

Refinance and Re-bridging

Yes

Geographical lending areas

England, Scotland & Wales

Listed or conservation

Yes, subject to details

Mixed schemes

Yes

Fees

Typically 1% arrangement fee

Minimum interest

Typically, 3 months

Current lending preferences

  • Professional developers with a track record of similar developments
  • Additional planning gain
  • Auction
  • Developer exit
  • Residential, commercial, mixed-use including HMO, Hotels, Leisure, Retail, Care Homes, with a particular appetite for assets with residential planning consent

Land with Residential Planning Permission

The ability to finance land is an essential component in the real estate value journey and Atelier is well placed to help.

Land deals can range from a simple parcel of land to more complex land aggregation and land banking transactions. Atelier’s team of lawyers, surveyors, and credit experts is ready to craft custom lending solutions that are unique, regardless of the purpose, reason, or stage at which the finance is required.

Brownfield land in urban locations, and a focus on sustainability, are particularly welcome.

Security

1st legal charge, guarantees

Interest rate range

Dependent on leverage and risk from 0.64% pm

Security types

Residential, Mixed Use

Treatment of interest

Rolled or serviced

Max gross LTV

60%

Max loan to total cost

90%

Min/Max loan term

6-12 months typically, discretion for longer

Min/Max loan size

£1m - £15m

Third party mezzanine and second charges

Considered

Refinance and Re-bridging

Yes

Geographical lending areas

England, Scotland & Wales

Listed or conservation

Yes, subject to details

Mixed schemes

Yes

Fees

Typically 1% arrangement fee

Minimum interest

Typically, 3 months

Current lending preferences

  • Professional developers with a track record of similar assets
  • Land with residential planning consent with a preference for housing schemes
  • Urban and established locations
  • Opportunities with detailed plans and costing for development available
  • Land where the local area will benefit from development

Introducing Atelier Carbonlite Challenge Pilot

Between November 2021 and June 2022, we will be testing a new ground-up development lending solution aimed at tackling the challenges of embodied and operational carbon, water usage and sustainability.

Working with support from the Royal Institute of British Architects and a panel of expert collaborators, we aim to cut carbon in the built environment by seamlessly connecting capital seeking low-carbon opportunities with the most ambitious low-carbon property developers.

Sustainable development finance from just 4.99% Fixed

Find out more

Security

1st legal charge, guarantees

Security types

Residential only in pilot phase

Project types

Ground-Up Development only during pilot phase

Treatment of interest

Rolled or serviced

Interest type

Fixed

Gross loan to GDV

70%

Max loan to total cost

90%, 100% development costs

Min/Max loan term

12-24 months

Min/Max loan size

£3m - £10m

Third party mezzanine and second charges

Considered

Geographical lending areas

England, Scotland & Wales

CURRENT LENDING PREFERENCES

  • Projects designed by a RIBA architect and supported by a professional team capable of providing data relating to energy, carbon and sustainability
  • Professional developers with a track record of ground-up developments
  • Smaller developments of residential houses and apartments
  • Urban and brownfield locations

Case studies: Ground-Up Development