TAB breaks through £500m lending milestone

By Bridging Loan Directory 11th July 2024

TAB, the real estate finance and investment house has completed over £510 million in loans since its inception in 2018.

Currently, TAB’s loan book supports 135 highly diversified active loans, the highest level ever recorded for the firm.

Over the past two and a half years, TAB has lent £380m offering customers financing throughout the whole life cycle of a loan.

TAB offers bridging, refurbishment and commercial mortgage loans as part of its services.

Duncan Kreeger, CEO and Founder of TAB commented:

“TAB had an ambitious goal to reach £500m in loans by 2024, and we are delighted to announce that we have achieved this goal while dialing down risk and improving our cost of funding passed onto our valued customers.

Our team is committed to delivering customer-focused, tailored finance solutions with the highest quality and assurance.

Through our hard work and strong relationships with our brokers, TAB can expand its lending presence beyond London to encompass the South East of England, the Midlands, Scotland, and Wales.

As we move into the latter part of 2024, political stability and the expectation that interest rates may fall means that there are exciting times ahead for the UK property finance sector.

We remain dedicated to maintaining our standards and will continue to set further goals; the next being a £700m loan book by 2025.”