Mera Investment Management enhances rates for large loan lending

23 January 2025

Prime real estate lender Mera Investment Management has announced revised rates on loan facilities of £20m and above.

As part of its commitment to continuously evolve its offering to meet market demands and support clients' growth, Mera has adjusted interest rates for loans of £20m+ and with a term of one year or more to start at just 0.85% per month.

Mera specialises in the financing of prime real estate assets—commercial, residential and alternative—in London and the Home Counties, as well as core regional cities and growth areas across England and Wales.

Among other factors, the current stage in the market cycle and the strength of the US dollar is driving prime property activity. With this latest product update, Mera is re-affirming its support for borrowers seeking to acquire, refinance or reposition larger assets.

A number of high value residential and commercial single assets, portfolios and development opportunities are coming on to the market and the team has never been busier.

Mera’s residential bridging product goes up to £50m, with new-builds, refurbishments and conversions, including high value single units, considered. Loan-to-values oup to 65% for commercial and 75% for residential.

The lender recently announced its intention to lend £100m over the next 12 months, after securing two additional lines of funding from a US institutional credit investor and a UK fund, respectively.

Edward Matthews, Mera CEO, comments:

“We’re well positioned to fill the gap for larger loans, and our proposition has been welcomed by borrowers and investors who recognise the shift in pricing and supply and the opportunities that presents.

“As well as being a lender known for high quality, service led lending, we also want to convey that we are agile and commercial in our attitude to product and pricing and will endeavour to ensure that our offering is exactly what the market needs.”

Mera recently completed at £11m bridge on a villa in Holland Park, a popular investment hub for international buyers.