TAB
A property lender funded by a £500m AB CarVal facility, offering tracker-priced bridging from six per cent over base and a term mortgage from 4.99 per cent over base, to £15m.
What they do
TAB prices on trackers rather than fixed monthly rates, which is unusual in bridging and means the cost falls as base rates do. Its bridge is quoted from six per cent over Bank of England base with a two per cent arrangement fee and no exit fee, and its unregulated commercial and residential mortgage from 4.99 per cent over base, alongside refurbishment and development facilities. Funding comes from a £500m facility agreed with AB CarVal in 2025, following a £300m securitisation with NatWest and Atalaya. Terms are issued the same day and applications processed in 24 to 48 hours. Bridging covers England, Wales and Scotland; the mortgage is England and Wales only.
Where they fit in a lower-mid-market raise
A bridge and a term mortgage from the same lender means a property purchase can be completed quickly and then termed out without a second transaction, and tracker pricing makes the total cost transparent as rates move. Interest cover of 125 per cent on the mortgage is a conventional test a trading business with tenanted property can usually meet.
Where they are not the fit
Operating-company and earnings-based lending is not offered at all, and regulated bridging and mortgages are excluded. Development activity has historically concentrated on London and the South East. The mortgage product is not available in Scotland.
Published terms
- Pricing
- Bridge (TAB Bridge): tracker from 6.00% pa above Bank of England base rate (about 9.75% gross at the 3.75% Bank Rate of September 2026); 2% arrangement fee, no exit fee.
- Speed to terms
- Same-day terms; applications processed in 24-48 hours per CEO Duncan Kreeger (June 2025 statement)
- Sponsored or sponsorless
- Corporate and HNW property investors only; no private equity sponsor or LBO context; property-secured underwriting only
- Where they lend
- TAB Bridge: England, Wales and Scotland. TAB Mortgage: England and Wales only (unregulated). Development: England and Wales, historically London and South East focus for ground-up; stated ambition to expand to Midlands, Scotland and Wales
- How they decide
- Intermediary/broker-submitted; underwriting team reviews with AVM capability for residential; delegated authority structure; 24-48 hour processing stated by CEO. 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
TAB 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 TAB lends, but which of these would own it.
TAB bridge (first and second charge bridging)
- Facility
- £100k to £15m
- Security
- First or second charge over UK residential or commercial property; AML/KYC, independent valuation, and documented exit strategy required; max 75% loan to value residential, 65% loan to value commercial
- Funds
- Acquisition · Refinance
- Rules out
- Operating company or EBITDA-based lending not available; Regulated bridging not offered; No development element under this product
TAB mortgage (commercial and residential investment)
- Facility
- £100k to £2.5m
- Security
- First charge over residential or commercial investment property; ICR 125% minimum; interest-only repayment; max 75% loan to value residential, 70% loan to value commercial; unregulated lending only
- Funds
- Acquisition · Refinance
- Rules out
- England and Wales only (Scotland excluded); Regulated mortgages not offered; ICR must meet 125% cover; Operating business lending not available
TAB bridge refurbishment and development
- Facility
- £100k to £7.5m
- Security
- First charge over development site; day-one loan to value up to 70%, loan to gross development value up to 65%, LTC up to 100%; tranched drawdown; exit via sale or refinance
- Funds
- Growth · Refinance
- Rules out
- Historically London and South East focus for ground-up; Operating company lending not available
Limits that apply across the firm
Stated limits, taken from TAB’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 regulated mortgage borrowers
How they sit against the category
- Its published ceiling is £15m; 42 of the 75 property-backed lenders here go at least as high.
- 65 of the 75 publish an indicative price at all; it is one of them.
- 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 TAB write?
Published facilities reach £15m, and the bottom of the published range is small-ticket business rather than a corporate facility. A band is what a lender states it will do, not what it will do on a given credit.
How quickly does TAB move?
Same-day terms; applications processed in 24-48 hours per CEO Duncan Kreeger (June 2025 statement). Published timetables describe a clean case; anything unusual in the security or the structure adds to them.
Where does TAB lend?
TAB Bridge: England, Wales and Scotland. TAB Mortgage: England and Wales only (unregulated). Development: England and Wales, historically London and South East focus for ground-up; stated ambition to expand to Midlands, Scotland and Wales.
On the record
2024: £5.85m bridging loan, 24-month term, commercial, via broker Abbey Capital (BLD.
August 2026: £2,804,750 first-charge commercial bridge, two London warehouses, 65% LTV, 12-month, 9% rate (The Intermediary.
Sources: tabhq.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.