Tuscan Capital secures new £150m funding for BTL portfolio landlords

Tuscan Capital has announced it has secured new funding for buy-to-let (BTL) portfolio landlords looking to secure short-term funding.

The additional facility provides the short-term property finance firm with £150m to specifically support selected BTL portfolio cases.

Over the past 12 months, Tuscan has provided financial solutions for portfolio deals from £750,000 to £9m across the UK, ranging from straightforward BTL properties to HMO, commercial, and mixed-use property classes. These bridging loans were typically for between six months and a year.

With the new facility, coupled with its existing funding lines, Tuscan Capital confirmed it can now fund BTL portfolios up to £30m.

“Our new funding line demonstrates that we have both the appetite and capacity to service the needs of landlords with portfolio cases,” said CEO at Tuscan Capital, Colin Sanders. “Our proposition is very much about enabling the landlord to get from A to B where term lenders cannot.

“Our underwriting team are experts in assessing the risks in a portfolio and crucially are able to take a holistic view of the deal. Their expertise, together with our lawyer partners’ commercial and pragmatic approach, has helped us close out some of the most complex transactions which are also often extremely time sensitive.

“This significant additional funding line means Tuscan Capital now has all short-term property funding bases covered.”

    Share Story:

Recent Stories


Helping landlords make their cash work harder
MoneyAge Editor, Adam Cadle, talks to Family Building Society BDMs, Arif Kara and Nathan Waller, about the resilient BTL market, the wide variety of landlords that Family Building Society caters for, and how niche products like an Offset mortgage can help improve cashflow.

An outlook on the BTL market
MoneyAge Editor, Adam Cadle, talks to Landbay senior regional account manager, Alex Witham, about current market sentiment within the BTL space and Landbay’s success in this area

Empowering advisers: A decade of education in Later Life Lending with Air Academy
Michael Griffiths is joined by chairman of Air Club and former founder and CEO of Air, Stuart Wilson, and head of the Air Academy, Daniel Holden, to look back on a decade of business focused learning at the Air Academy.


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.