Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

CapitalRise reaches £200m prime property loan origination

Article originally published Madeleine Knight in Property Week on 13th October 2022

Prime property finance firm CapitalRise has reached £200m in prime property loan origination, funding developments across London and the home counties to the value of over £640m.

The firm originated £99m of these loans in a 12-month period up to June 2022, marking an increase of 252% on loans originated year on year.

Additionally, the firm closed new institutional funding lines in June and October 2022, the latter for £20m. The firm attributes some of its growth to targeting loan sizes towards the upper end of £10m to £20m, compared with its typical target loan sizes of between £1m and £20m.

Uma Rajah, chief executive and co-founder of CapitalRise, commented: “By lending prudently to high-quality borrowers on great schemes in desirable areas such as Chelsea and Mayfair, we have managed to grow the business considerably.

“We tailor each funding solution to suit the individual borrower’s needs, which is vital when operating in the premium market where supply is extremely valuable. The tailored approach is certainly not limited to the underwriting process – we continue to work closely with the borrower through to project completion.” 

Rajah added that CapitalRise’s approach to due diligence and its ability to draw on a diverse capital base allows it to capitalise on the opportunities presented in a volatile period of the market. 

“The recent fall in the value of the pound could certainly offer some opportunities to international buyers in the prime central London market. Of course, the pound has crept up since its dive in mid-September, so whether it has a long-term impact on overseas investment in prime central London remains to be seen,” she said.

The firm expects to build on its momentum by continuing to diversify and deepen its funding lines and investing in the expansion of its team.

Capital at risk. No FSCS protection. See key risks.