Alpha Bank London
The UK subsidiary of Greece's Alpha Bank, lending bilaterally against UK commercial and residential investment property from around £1m to 60 per cent loan to value.
What they do
Alpha Bank London is a PRA-authorised UK bank, incorporated here rather than operating as a branch, and lends through a real estate finance unit against UK investment property: commercial, residential and mixed-use assets and portfolios. Facilities start around £1m and run well past the middle of the market, with a July 2025 transaction of roughly £40m on public record. Pricing is a margin over Bank of England base rate, set against asset quality, loan to value and repayment capacity rather than to a published grid, and the bank is comfortable with offshore corporate borrowers and multi-jurisdictional structures.
Where they fit in a lower-mid-market raise
This is a lender for the property side of a corporate balance sheet: an investment portfolio, a mixed-use holding, a structure with an offshore holding company that a mainstream bank finds awkward. Underwriting is relationship-led and bespoke, which suits a credit that needs explaining. The published ticket floor sits below a £3–15m raise and the demonstrated ceiling well above it, so size is rarely the constraint.
Where they are not the fit
Sixty per cent loan to value is the stated limit, and repayment has to come from rental income rather than from trading or a sale, which rules out speculative and thinly-covered cases. There is no trading-company or leveraged product, so an acquisition of an operating business finds no home here unless the real estate carries it.
Published terms
- Pricing
- Not published
- Speed to terms
- Not published
- Sponsored or sponsorless
- Private-client and corporate real-estate borrowers (private banking clients, HNW property investors, corporate/offshore SPV structures).
- Where they lend
- UK residential and commercial property portfolios; borrowers may include offshore corporate entities. GB-wide (no published nation restriction; Scotland/Wales not excluded)
- How they decide
- Relationship-led, bespoke/structured underwriting through the Real Estate Finance Unit; capable of complex multi-jurisdictional structures (e.g. offshore corporate borrowers, mixed collateral)
As published by the lender and last reviewed August 2026. Terms quoted on a deal are set by the credit, not by a published band.
What rules a deal out
Stated limits, taken from Alpha Bank London’s own published criteria. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- Loan to value above 60%
- Reliance on non-rental repayment (income/rental cover led)
How they sit against the category
- Like 24 of the 42, it publishes no indicative price — a margin comes from a conversation, not a page.
Counted across the 42 challenger & specialist banks in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does Alpha Bank London write?
Published facilities run from £1m. A band is what a lender states it will do, not what it will do on a given credit.
Does Alpha Bank London lend to companies without a private-equity sponsor?
Yes. Alpha Bank London lends to owner-managed and corporate borrowers, and publishes no private-equity sponsor proposition.
Where does Alpha Bank London lend?
UK residential and commercial property portfolios; borrowers may include offshore corporate entities. GB-wide (no published nation restriction; Scotland/Wales not excluded).
What does Alpha Bank London lend?
The published product set is property (real estate) finance. Published sector focus is commercial-investment, mixed-use, property-portfolio, residential-investment.
On the record
July 2025: £38.5m (part of a £40m facility) term loan secured on a portfolio of 23+ commercial and residential properties plus a vehicle fleet, multi-jurisdictional / offshore corporate borrowers (source: freeths.co.uk.
Sources: alphabanklondon.co.uk
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.