Mezzanine finance for residential property development projects, creating an impact beyond returns
About CP Capital
CP Capital provides property developers with 2nd Charge mezzanine finance for their projects, just as we have been doing since 2014 with senior, 1st Charge development finance at CrowdProperty, backed by diverse sources of capital across major global financial institutions and private investors.
Why choose CP Capital?
As property finance by property people with hundreds of years of property expertise, our team has the customer-focused insights to deliver finance with the speed, ease, certainty, transparency and expertise developers need. Realise your ambitions with the UK’s leading specialist property development online lending business.
The story behind CP Capital
We set up CrowdProperty in 2014 with a mission to transform property finance to unlock the power of small and medium sized property developers in the UK to build more homes, increase spend in the UK economy and ever more efficiently and effectively match the supply and demand of capital for the benefit of all.
Having funded the development of £532m of property projects and the construction of 2,478 homes, our property developer customers consistently tell us they would value mezzanine finance for their projects from us too. This is because of the exceptional service that we provide and the benefits for a developer of working with a single capital provider.About CP Capital
Find out more about some of the £532m worth of projects that have been funded by CrowdProperty, empowering SME property development businesses to grow quicker and more profitably whilst delivering more homes into the market and driving spend in the UK economy on labour, materials and services.
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Frequently Asked Questions
CP Capital is brought to you and powered by the team at CrowdProperty, the UK’s leading specialist property development online lending platform.
Having funded the development of £460m of property projects and the construction of 2,200 homes, the team’s deep asset class expertise, rigorous due diligence and proactive loan monitoring is proven over 8 years of property development lending.
As property finance by property people, the team adds value throughout the project to increase the probability of success of the projects we back for the benefit of the property developers we back and our diverse sources of capital.
Find out more about our team here.
Charges are about control over an asset. The first charge is first in line should the developer default on the loan; once the first charge has been paid off (capital and interest commitments), the second charge owner will be able to take over the property. It should be noted, however, that second charge lenders have the same rights to repossess a property as the first charge holders. However, this only comes into effect once the first charge has been fully satisfied. Once the first and second (and any further) charges have been satisfied, it is only then the developer will receive any remaining profit. For CP Capital second charge loans, CrowdProperty will be the senior lender, ensuring that CP Capital security sits behind a rational, project delivery focused and proven senior lender with reliable sources of capital and a value-adding approach. It’s also more efficient for developers managing just one source of finance through the project capital stack too, helping them to focus on the project in hand.
As a duty of care to protect our developers, we ensure that all projects comply with Financial Conduct Authority (FCA) regulations. We also carefully assess every project contextually and against Key Performance Indicators (KPIs).
We assess projects based on key factors such as the Profit on Cost, Loan to GDV, Loan to Value, Loan to Cost and many different market factors. We also carefully look at the experience and credentials of the development business principals and the wider team.
CrowdProperty Limited is authorised and regulated by the Financial Conduct Authority (FRN 723959).
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