TAB U - TAB news

TAB’s latest broker sentiment survey reveals a specialist lending market wrestling with economic uncertainty, yet opportunities persist for lenders who are adaptable. Despite a slowdown in market conditions compared to six months ago, TAB remains optimistic about the sector’s resilience and potential.

TAB has announced the successful completion and sale of its investment in a Travelodge hotel in Snaresbrook, London. This investment demonstrates TAB’s commitment to enabling property investment and delivering returns to investors.

TAB, the real estate finance and investment platform, is pleased to announce the promotion of Andy Reid to Sales Director. This promotion is part of a broader series of strategic updates to TAB's leadership, business development and underwriting teams, including the appointment of Nick Robinson as Chief Financial Officer (CFO), the restructuring of the Business Development Manager (BDM) team, and new additions to the underwriting department to support TAB’s growth.

TAB, a provider of real estate finance, has recorded impressive growth and loan performance throughout 2024, setting the company on a solid path for expansion. With a strong pipeline, record-breaking enquiry levels, and substantial completions, TAB demonstrates resilience and agility, outperforming its previous lending volumes.

TAB’s innovative mortgage products are designed to address a significant gap in the market, where traditional lenders fall short. By offering mortgages at bridging speed, TAB is meeting the surge in demand for more flexible lending options in the sector, which is currently underserving a £50bn per annum market. TAB's ability to deliver these solutions has been met with an overwhelmingly positive response from both brokers and borrowers alike.

• TAB is now offering a 3 year discount to its 10 year tracker mortgage with an all in rate of 8.99% per annum providing highly competitive options for property investors
• TAB now accepts AVMs for residential properties valued up to £1 million and up to 60% LTV. For residential loans under £2.5 million, TAB uses the open market value for up to 75% LTV
• TAB offers title indemnity insurance for its residential bridging range for quicker deals

• Stephen Wasserman becomes COO of TAB having previously served as a Director at the company
• Wasserman is the long term business partner of TAB founder Duncan Kreeger and the pair have successfully partnered together in numerous ventures
• TAB continues to grow its business following the appointment of Samuel Leach as Head of Investor Relations last month

TAB has completed £510 million in loans since 2018, with a record high of 135 active loans Over the past 2.5 years, TAB completed £380 million in loans, offering bridging, refurbishment, and commercial mortgages to its customers.

TAB has launched its new life cycle lending product, TAB Series offering customers long-term lending solutions to fit every stage of a property’s lifecycle. The company is transitioning to using open market values (OMV) to benefit both borrowers and brokers. 

TAB, the real estate finance and investment house, is pleased to announce its partnership with Brilliant Solutions Mortgage Club, a prominent UK network for directly authorised (DA) brokers. This collaboration expands Brilliant Solutions’ already impressive lender panel.

TAB, the real estate finance and investment house has expanded its reach to Scotland.

finova Payment and Mortgage Services today announces a new partnership with real estate finance and investment platform TAB

Join property investors, top funders, and industry experts in Plymouth on 27th March for a day of networking, market insights, and discussions on the latest investment opportunities.

TAB, the real estate finance and investment house, has announced three noteworthy completions as part of its commercial mortgage product, which launched last year. The three properties totalling over £5m, include a shopping centre in Sheffield and two properties in Brixton and highlight the new product's flexibility.

Mortgage distributor Paradigm has announced the addition of TAB, a residential and commercial bridging loan provider, to its lender panel.

TAB, the real estate finance and investment house, has launched its new residential investment mortgage product. This move aligns with TAB's commitment to providing tailored ESG-focused financing solutions and expanding its presence in the residential market.

TAB, the real estate finance and investment house set to have a £500m loan book in 2024, has agreed to lend £3.5m in two loans, to separate brother and sister private clients with both investment properties on the same NW London street.

TAB has launched its new fractional ownership investment product with the purchase of two Travelodge hotels.

TAB completes a private securitisation facility of up to £300m to support its bridging and mortgage products.

TAB has announced the launch of its new mortgage product where borrowers can earn discounts of up to half the exit fee by meeting ESG (Environmental, Social, Governance) criteria

Specialist debt advisory Arc & Co has arranged a £16m first charge six-month bridging loan with lender TAB on behalf of a private client.

Lender TAB is reintroducing fixed rates for first charge residential bridging loans.

Residential bridging loans up to £750,000 and with an LTV of up to 70 per cent, including the cost of borrowing, are eligible for the new fixed rate. For loans up to 60 per cent LTV, the rate starts at 0.90 per cent per month. For loans up to 65 per cent LTV, the rate is from 0.95 per cent per month and for loans up to 70 per cent LTV has a rate from 1.00 per cent per month.

Terms range from one to 24 months and there are no exit fees. While the focus of the reworked range is residential properties, TAB says it will consider loans secured against commercial properties.

TAB has been included in the ranks of 101 commercial companies in London, and we’re incredibly proud.

Mortgage lender TAB is launching an open banking interface. Open banking is a secure way for consumers to share their personal details and information with financial providers — as long as they give their permission — for services such as investing and lending, in a bid to help consumers get better deals and encourage competition between lenders.

Knowledge Bank has announced that TAB is the latest lender to join its criteria sourcing system.

The addition of TAB will allow Knowledge Bank users to source the lender’s criteria to check client suitability when trying to place cases.

New BDM says he joined TAB because of its commitment to sustainability finance — and its key values of trust and transparency.

TAB completed £34m of loans in August! August was another record month. We broke through our previous record, set in April, when we completed £23.7 million.

As part of its environment, social and governance strategy, TAB will support the charity by making a significant donation; providing specialist skills to the organisation; and arranging for employees to work at Gratitude as volunteers. TAB will help man the charity’s “pantry service” - as well as advise on marketing, website development, and legal issues.

Norton Broker Services has added TAB to its panel of lenders. The agreement means that brokers using Norton Broker Services now have access to a range of first and second charge residential and commercial bridging loans, development and refurbishment finance products from TAB.

In the wake of the Bank of England’s latest interest hike, TAB has introduced a new type of bridging loan. The Hertfordshire-based lender is introducing TAB Tracker to sit alongside its traditional, fixed-rate, short-term loans.

TAB has announced it completed a record month in April. The Hertfordshire-based bridging lender says it completed 11 loans totalling £23.69 million over the course of the month.

Almost half of brokers operating in the specialist lending space think development finance is now hotter than the bridging loan market, according to a poll undertaken by TAB.

Lender TAB has secured a new funding line from investment firm, Atalaya Capital Management (‘’Atalaya’’).

Bridging lender TAB is to invite brokers to use its new office at The Grain Yard, in Borehamwood, as a hot desk base. TAB is offering brokers a private room to work with access to all the lender’s amenities including the breakout space and unlimited tea and coffee. The hot desks facility has been set up for brokers who are currently working from home or are near London.

Bridging lender TAB has completed a £4,550,000 1st charge bridging loan on a mixed use development project in Canterbury in conjunction with broker Opes.

TAB is hiring two new members of staff.  Harry Dugg joins as a business development manager while Samuel Morris has been appointed as a lending associate.  The new appointments double TAB’s sales team

TAB has secured a funding line with a top global private equity firm and lending platform that funds residential and mixed use bridging loans and development finance. The news follows shortly after TAB wrote their largest ever loan, a £9.25m bridging loan on a hotel development in Poole, bringing the total loans completed since inception to almost £100m.

TAB held its first post pandemic in person event as a thank you to our brokers and partners who have supported the business. We had the pleasure to host a dinner and drinks on the roof terrace of Harvey Nichols. It was great to see some old faces as well as some newer faces after such a long time away.

TAB in conjunction with the CEO and founder of Real Estate Finance Consultancy (REFC) and Crown City Holdings (CCH), Mr Nir Yedid, recently completed a £9.25m facility for the refinancing of a hotel in The Quay, Poole. The site is owned by the client and operated by Thistle Hotels. The hotel is in a prime position in Poole close to the Sunseekers boatyard and overlooking the harbour which has seen, and continues to see, significant redevelopment.

A planning application has been submitted for the demolition of the existing hotel and construction of a large mixed use regeneration scheme consisting of more than 200 residential units above commercial space and a hotel with a range of amenities to include a ground floor bar and a rooftop bar/restaurant.

TAB launches refurbishment loans to meet market demand! TAB is delighted to announce the launch of its TAB Refurbishment loan. TAB Refurbishment is an advanced bridging finance solution that allows borrowers to access the capital they need for their refurbishment projects quickly and without the cost of a full development loan. TAB understands the importance of providing the best service possible to clients and as such we are always looking to enhance our offering and develop solutions. This short term finance loan has been curated as a result of listening and responding to the market demand and it has been designed with the client in mind.

TAB has extended their first charge residential bridging loans reduced rates. These loans are secured against UK property. TAB’s experience means they can be flexible with their valuations and consider projects that may not suit traditional lenders.