Company Market Research Report: TAB
Company Overview
- Name: TAB
- Mission: [No information is available]
- Founded: 2018 by Duncan Kreeger
- Key People:
- Duncan Kreeger, Founder and CEO
- Martyn Evans and Paul Holmes, recent appointees to expand operations in North of England
- Headquarters: The Grain Yard, 5 Little Hays, Borehamwood, WD6 4DG
- Number of Employees: [No information is available]
- Revenue: [No information is available]
- Known For: Providing bridging loans for property projects and facilitating investments through fractional property ownership.
Products
Bridging Loans
- Description: Short-term loans secured against property.
- Key Features:
- Loan Amount: £100,000 - £10,000,000
- Term: Maximum 24 months
- LTV: Up to 70% for most loans, with LTGDV up to 65% for development finance
- Varieties include refurbishment, first and second charge residential, and commercial loans.
Residential Investment Mortgage
- Description: Long-term mortgage for residential investment.
- Key Features:
- Loan Amount: £100,000 - £7,500,000
- Term: Three to ten years
- LTV: Up to 75%
Commercial Mortgage
- Description: Catering to businesses requiring long-term capital.
- Key Features:
- Loan Amount: £100,000 - £7,500,000
- Term: Maximum ten years
- LTV: Up to 70%
Development Finance
- Description: Financial assistance for property development projects.
- Key Features:
- Loan Amount: £250,000 - £7,500,000
- Term: Maximum 24 months
- LTGDV: Up to 65%
TAB Property
- Description: Fractional property ownership allowing investors to own a portion of property.
- Key Features:
- Minimum investment: £1,000
- Monthly rental income
- Potential long-term capital growth
Recent Developments
- New Products and Features: Launched the first commercial mortgage product focused on ESG, offering discounts for energy-efficient homes.
- Partnerships: Secured up to £300m funding led by Natwest and Atalaya, aimed at bolstering sustainable real estate finance.
- Strategic Moves:
- Appointment of Martyn Evans and Paul Holmes to expand presence in Northern England.
- New private securitisation facility to enhance competitive financing options.
Additional Information
TAB’s core values emphasize trust and transparency, with a strong team supporting quick and efficient transactions in the property market. Their approach includes matching borrowers with suitable investors for bridging loans and facilitating fractional ownership of property investments for investors.