Blend Network
A development and bridging lender funded by family offices and institutions, writing £500k to £10m across all four UK nations, including Northern Ireland.
What they do
Blend Network began as a marketplace lender in 2018 and now lends from around £120m of committed family-office money and an institutional line above £50m. Facilities run from £500k to £10m against development and bridging security, at up to 70 per cent of gross development value, 90 per cent of cost and 100 per cent of build costs, over terms of three to twenty-four months. A small underwriting team structures each deal individually rather than fitting it to a product, and lending covers England, Scotland, Wales and Northern Ireland.
Where they fit in a lower-mid-market raise
Northern Ireland coverage is the standout: very few UK development lenders write there, and a scheme in Belfast or Derry has a short list of funders. High advance rates against cost suit a developer with land already owned and limited cash for the build. Deal-by-deal structuring helps where a scheme has an unusual programme or phasing.
Where they are not the fit
Borrowers need a demonstrable development track record, so a first scheme is a difficult case. Regulated and owner-occupier bridging is excluded, and there is no corporate or acquisition lending of any kind. Facilities cap at £10m.
Published terms
- Pricing
- Not published
- Speed to terms
- Not published
- Sponsored or sponsorless
- Neither - lends to property developer SPVs; no sponsor-M&A or corporate trading appetite
- Where they lend
- All of the UK - England, Scotland, Wales and Northern Ireland
- How they decide
- Small dedicated underwriting/credit team; manual deal-by-deal underwriting, structures each deal to the specific project rather than an internal scorecard
- Personal guarantee
- Typically required
- Search funds and ETA
- No published route for search-fund or first-time acquirer borrowers
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.
The desks that lend
Blend Network lends through 2 separate books. Which one reads a deal decides the security, the covenant package and the band, so the question is rarely whether Blend Network lends, but which of these would own it.
Development finance
- Facility
- £500k to £10m
- Security
- First legal charge over property; SPV borrower; developer PG typical
- Funds
- Growth
- Rules out
- Non-property trading business; No development experience or track record; Regulated or owner-occupier bridging
Bridging finance
- Facility
- £1m to £10m
- Security
- First legal charge over property; unregulated bridging; SPV borrower
- Funds
- Refinance
- Rules out
- Non-property trading business; Regulated or owner-occupier bridging
Limits that apply across the firm
Stated limits, taken from Blend Network’s own published criteria, beyond the ones each desk carries above. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- No appetite in owner-occupier-regulated
How they sit against the category
- Its published ceiling is £10m; 54 of the 75 property-backed lenders here go at least as high.
Counted across the 75 property-backed lenders 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 Blend Network write?
Published facilities run £500k to £10m. A band is what a lender states it will do, not what it will do on a given credit.
Does Blend Network require a personal guarantee?
On Blend Network's published terms, a personal guarantee is typically required. What a lender asks for on a given credit is settled in the documents, not by a published stance.
Does Blend Network lend to search funds or ETA buyers?
Not on the published evidence. Blend Network publishes no route for search-fund or first-time acquirer borrowers. A searcher's route to a lender usually runs through the quality of the target and the equity behind it.
On the record
February 2024: Acquired £50m+ institutional funding line for bridging to UK developers, diversifying beyond family-office capital (Crowdfund Insider.
2025: Won Best Specialist Lender at the 2025 Business Elite Awards (prior Property Reporter Best Specialist Lender 2023; Alternative Credit Awards Lender of the Year finalist 2024); staff build-out 2025-26 (headcount ~15 as of Mar 2026.
Sources: blendnetwork.com · bridgingloandirectory.co.uk · crowdfundinsider.com · developmentfinancetoday.co.uk · tracxn.com
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.