Novellus Finance
A privately funded bridging principal lending from £500k with no external credit committee, completing in as little as 48 hours and evidencing deals to £4.7m.
What they do
Novellus lends entirely its own capital, which is why decisions sit with the people the borrower meets and completions can be measured in days: a £4.7m development exit closed in fifteen days and a £3m land purchase with planning inside a fortnight. Products cover bridging for auction, land, commercial and refurbishment purposes, and development exit, priced case by case rather than to a rate card, with a published development exit case at 0.80 per cent a month at 70 per cent loan to value. The firm also runs its own property portfolio.
Where they fit in a lower-mid-market raise
Certainty of capital is what an own-book lender sells, and it matters most where a competing bidder is offering cash. Land with planning and development exit are the two situations where this lender's evidenced deals sit, and both are hard to fund quickly elsewhere. The floor of £500k and evidenced deals into the millions cover the lower half of a £3–15m requirement.
Where they are not the fit
A viable exit through sale or refinance is required on every case, and there is no lending outside property security. Claims of capacity above £5m are not evidenced in public, so the routine ceiling should be tested. Rates are quoted rather than published.
Published terms
- Pricing
- Rates case-by-case, not published as a rate card. Published development-exit case study priced at 0.80% per month (approx 960 bps annualised) at 70% loan to value. Arrangement, valuation, legal and exit fees apply
- Speed to terms
- Very fast: completion within 48 hours cited in some cases; published deals completed in 15 days (£4.7m dev-exit) and within 2 weeks (£3m land with planning)
- Sponsored or sponsorless
- Lends on real-estate security to property investors and developers, including SPV/sponsor-backed borrowers; up to 100% funding available where a strong sponsor supports the deal. Not a trading-business or cash-flow lender
- Where they lend
- UK book focused on England (regional landing pages for London, Kent, Essex, Hampshire, Surrey) plus Wales implied by UK-wide claim; a £2.4m facility funded a Devon site.
- How they decide
- Direct principal decision-making; borrowers deal with the decision makers, no external credit committee, which the firm cites as the source of its speed and certainty of capital. Authority is delegated below committee on at least part of the book
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
Novellus Finance 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 Novellus Finance lends, but which of these would own it.
Bridging finance (property, auction, land, commercial, refurbishment)
- Facility
- from £500k
- Security
- Unregulated business-purpose lending secured on real-estate. loan to value commonly up to 75%; up to 100% funding against an asset where supported by a strong sponsor or additional security. First charge implied. Terms of 3, 6, 12 or 18 months.
- Funds
- Acquisition · Growth · Refinance
- Rules out
- No viable exit strategy; Non-property or unsecured trading-business lending outside its property focus; Real-estate security required
Development exit bridging finance
- Facility
- from £500k
- Security
- Refinances a completed development to allow orderly marketing and sale. Published case study: £4.7m facility at 70% loan to value, 12-month term, 0.80% per month, completed in 15 days.
- Funds
- Refinance
- Rules out
- No clear sale/refinance exit; Real-estate security required
Limits that apply across the firm
Stated limits, taken from Novellus Finance’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 non-property secured lending
How they sit against the category
- 65 of the 75 publish an indicative price at all; it is one of them.
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 Novellus Finance write?
Published facilities run from £500k. A band is what a lender states it will do, not what it will do on a given credit.
How quickly does Novellus Finance move?
Very fast: completion within 48 hours cited in some cases; published deals completed in 15 days (£4.7m dev-exit) and within 2 weeks (£3m land with planning). Published timetables describe a clean case; anything unusual in the security or the structure adds to them.
Where does Novellus Finance lend?
UK book focused on England (regional landing pages for London, Kent, Essex, Hampshire, Surrey) plus Wales implied by UK-wide claim; a £2.4m facility funded a Devon site.
On the record
December 2023: £2.4m bridging facility at 50% LTV over 12 months for a scheme-enabling access road on a Devon light-industrial development site with planning (arranged by Arc & Co.
Sources: novellusfinance.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.