Precede Capital Partners
An institutionally backed real estate lender funded by TowerBrook and QuadReal, writing bridging from £5m and development whole loans whose practical floor sits far above the lower-mid-market.
What they do
Precede Capital Partners originates property debt with institutional capital from TowerBrook Capital Partners, co-funding development whole loans alongside QuadReal and syndicating its bridging product through a partner. Bridging deals on record run from £6.3m to £34.3m across London, Manchester, Edinburgh and Guildford, and development lending concentrates on large living-sector schemes in London and Birmingham. Green loans are offered alongside the core products.
Where they fit in a lower-mid-market raise
For a property transaction at the top of a £3–15m requirement, the bridging line is reachable from its £5m floor and comes with institutional capital and a credit committee accustomed to complexity. Whole loans mean one facility rather than a senior and mezzanine stack, which simplifies the intercreditor position on a larger scheme.
Where they are not the fit
Development lending, though stated from £10m, has a practical floor in the tens of millions on observed deals, which puts it outside the lower-mid-market entirely. A minimum of ten years of developer experience is expected. Living-sector assets dominate, and there is no cashflow or non-property lending.
Published terms
- Pricing
- Not published
- Speed to terms
- Not published
- Leverage
- Senior to 0.8x, total to 0.8x
- Sponsored or sponsorless
- Sponsor/developer-backed real estate only. Minimum 10 years developer experience for development loans. No corporate or non-real-estate appetite evidenced
- Where they lend
- UK-wide. Bridge deals evidenced in London, Manchester, Edinburgh, Guildford. Development deals predominantly London and Birmingham. Major towns and cities stated preference
- How they decide
- Institutional credit committee backed by TowerBrook. Bridging loans originated via LCM Capital Partners syndication partnership. Development loans co-funded via QuadReal Property Group. No broker panel or delegated authority evidenced
- 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
Precede Capital Partners lends through 3 separate books. Which one reads a deal decides the security, the covenant package and the band, so the question is rarely whether Precede Capital Partners lends, but which of these would own it.
Bridging loans
- Facility
- from £5m
- Security
- First charge over UK real estate; living sector assets only (BTR, BTS, PBSA, co-living)
- Funds
- Acquisition · Refinance
- Rules out
- Non-living-sector real estate (retail, industrial, office for own use not excluded but not evidenced); No cashflow or EBITDA-based lending; No non-property-secured deals; Hard floor £5m (deals below this not supported)
Development whole loans
- Facility
- from £10m
- Security
- First charge over UK real estate development site; senior and stretch-senior whole loans
- Funds
- Growth · Refinance
- Rules out
- Minimum 10 years developer experience required; Practical portfolio floor ~£76m despite stated £10m minimum; No cashflow or EBITDA-based lending; No non-living-sector deals evidenced
Green loans
- Facility
- from £10m
- Security
- First charge over UK real estate; sustainability-linked criteria required
- Funds
- Growth
- Rules out
- Must meet sustainability scoring thresholds across five categories; Accepted certifications: LEED v4.1, WELL, BREEAM, HQM; Same practical floor as development whole loans
Limits that apply across the firm
Stated limits, taken from Precede Capital Partners’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-real-estate
How they sit against the category
- It starts higher than all but 4 of them, at £5m.
- It lends through 3 distinct desks, where most firms here run one or two.
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 Precede Capital Partners write?
Published facilities run from £5m. Published leverage runs senior to 0.8x, total to 0.8x. A band is what a lender states it will do, not what it will do on a given credit.
Does Precede Capital Partners lend to search funds or ETA buyers?
Not on the published evidence. Precede Capital Partners 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.
Where does Precede Capital Partners lend?
UK-wide. Bridge deals evidenced in London, Manchester, Edinburgh, Guildford. Development deals predominantly London and Birmingham. Major towns and cities stated preference.
On the record
March 2026: £10.4m bridge loan, residential redevelopment, Wonersh, Guildford.
March 2026: £34.3m pre-development bridge loan to Avanton, Richmond, London.
July 2025: £20.8m syndicated bridge loan, BTR office conversion, Manchester (Barclay House.
April 2025: £6.3m bridge loan to Alumno, PBSA 191 beds, Edinburgh.
February 2024: £105.2m development whole loan (with QuadReal), BTR, North Acton, London.
Sources: precedecapital.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.