What Avamore Capital does

Avamore Capital is a UK-based specialist property lender founded in 2015 by co-founders Michael Dean and Zuhair Mirza, operating from a London headquarters in the City of London financial district. The company provides short-term bridging, development, refurbishment, and part-complete development finance to SME property developers, investors, and brokers across England and Wales. Its product suite spans the full development lifecycle: bridging loans (3-24 months, from £250k to £25m, priced from 0.56% per month + BBR, max 75% LTV), ground-up development loans (from £500k, from 6.75% p.a. + BBR, up to 70% LTGDV), refurbishment loans (up to 85% Day 1 LTV with flexible drawdown structures), a first-to-market Part Complete Development product (up to 85% LTC, no wind-and-watertight requirement), and a PBSA (Purpose Built Student Accommodation) enhancement product for student housing conversions. Avamore was the first lender to introduce the Part Complete Development product and reports £550m+ of cumulative lending with zero losses across all redeemed loans, having supported 342 borrowers and delivered 2,356 units to market.

The business operates without a disclosed proprietary technology platform; credit decisions and servicing are delivered by a team of roughly 30-50 staff spanning Relationship Managers, Asset Managers, Underwriters, and an in-house software development function. Revenue is generated through interest charged on deployed loan balances plus arrangement fees retained on origination, with funding provided by two US institutional credit funds. Go-to-market is primarily broker-led, with a formal broker registration and panel program supported by territory-covered Relationship Managers, complemented by direct developer relationships, a website enquiry channel, and content marketing. Geographic restrictions exclude Scotland and Northern Ireland. The company is privately held, with no listed stock, no disclosed traditional venture or private equity funding rounds, and an institutional debt-funded capital structure. In 2025 it is undergoing a leadership refresh, including the summer 2025 departure of CEO D'mitri Zaprzala and the appointments of Greg Tarn and Jacob Bouet Andersen as Managing Directors of Origination & Execution and Lending Operations respectively.

Name

Avamore Capital

Legal name

Avamore Capital

Website

https://avamorecapital.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Avamore Capital is a London-based specialist property lender providing bridging, development, refurbishment, and part-complete development finance to SME property developers and investors across England and Wales, funded by US institutional credit.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Interest Income - Bridging Loans: Short-term bridging loans (3-24 months) secured against property. Interest charged monthly or retained. Revenue from interest payments on loans ranging from £250k to £25m.
2. Interest Income - Development Finance: Development loans for ground-up construction and part-complete development schemes. Interest-based revenue on loans starting from £500k.
3. Refurbishment Loans: Light, medium and heavy refurbishment loans. Interest charged on funded projects with flexible drawdown options.
4. Arrangement Fees: Arrangement fees charged on loan origination, typically retained and added to the gross loan amount.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Avamore Capital is a specialist property lender providing short-term bridging loans, ground-up development finance, refurbishment finance, and part-complete development loans to SME property developers and investors in England and Wales. Loans range from £250k to £25m with terms of 3-24 months, secured against property, and are originated directly or through a broker network.

Product overview

Avamore Capital offers a suite of four core specialist lending products for property developers: Bridging (short-term acquisition and exit finance), Development (ground-up new build funding), Refurbishment (light to heavy renovation and conversion projects), and Part Complete Development (funding for partially-built schemes). The company also offers a specialized PBSA (Purpose Built Student Accommodation) product as an enhancement to its refurbishment offering. All products are designed to work together, allowing developers to transition between products throughout the development lifecycle—from site acquisition through to exit. The company positions itself as a principal lender that can support borrowers at multiple stages with flexible, solutions-driven funding.

Differentiator

Problem solved

Functional benefit

Products and services

• Bridging Product Short-term bridging finance for property acquisition and developer exits. Offers monthly rates from 0.56% p.m., max 75% LTV, loans from £250k to £25m, terms of 3-24 months, with no exit fee. Targeted at property investors and developers in England and Wales.
• Development Product Ground-up (new build) development funding for schemes with planning permission. Offers up to 70% LTGDV, max 65% Day 1 LTV, loans from £500k+, with rates starting from 6.75% p.a. + BBR. Targeted at SME property developers undertaking new-build schemes in England and Wales.
• Refurbishment Product Funding for light, medium, and heavy refurbishment projects including residential conversions and commercial-to-residential conversions. Offers up to 85% Day 1 LTV, max 75% LTGDV, loans from £250k+, with flexible funding options (Day 1, tranches, or at practical completion). Targeted at property developers and investors undertaking renovation and conversion projects.
• Part Complete Development Product Funding for part-complete development projects where schemes are not eligible for traditional developer exit due to remaining works. Can step in at any stage of build without requiring wind and watertight condition. Offers up to 85% LTC, loans from £500k+. Targeted at developers with stalled or partially-built schemes that cannot access traditional development exit finance.
• PBSA Product Purpose Built Student Accommodation product for residential or commercial refurbishment schemes converting into student housing. Offers 7% p.a. + BBR, up to 75% LTGDV, 75% Day 1 LTV, loan amounts from £1m+, terms of 3-18 months. Targeted at developers focused on student accommodation conversions.

Quantifiable outcome

• 24-hour loan approval turnaround
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• ASTL (Association of Short Term Lenders)minorOthersIndustry membership organization for short-term lenders in the UK.
• NACFB (National Association of Commercial Finance Brokers)minorOthersIndustry association for commercial finance brokers.

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Zorin Finance: Zorin Finance is a UK specialist lender providing short-term bridging, development, and refurbishment loans to property developers and investors - a near-identical product mix to Avamore and a direct competitor in the same SME property-finance segment.
• Hilltop Capital Partners: Hilltop Capital Partners is a UK specialist real estate lender focused on development and bridging finance to SME developers. New MD Jacob Bouet Andersen joined Avamore from Hilltop, where he ran underwriting on over £220m of loans, reflecting near-identical product scope.
• West One Loans: West One Loans is a UK specialist lender active across bridging, development, and refurbishment finance for property professionals. It competes directly with Avamore for the same broker-intermediated SME developer customers.
• MT Finance: MT Finance is a UK specialist bridging and development lender focused on property professionals. Its short-term lending products and broker distribution model place it squarely in Avamore's competitive set.
• Glenhawk: Glenhawk is a UK specialist short-term property lender offering bridging and development finance. Multiple Avamore underwriters came from Glenhawk, evidencing that the firms compete for both talent and borrowers in the same niche.
• CapitalRise: CapitalRise is a UK specialist lender focused on development and bridging finance for property professionals, often intermediated via brokers. An Avamore underwriter came from CapitalRise, signalling overlap in talent and approach.

Broad incumbents

• Octopus Real Estate: Octopus Real Estate is a large UK specialist development and bridging lender operating across a broader product set. Avamore's outgoing CEO D'mitri Zaprzala joined Avamore from Octopus, evidencing the strategic adjacency and competition for talent and borrowers.
• Hampshire Trust Bank: Hampshire Trust Bank is a UK challenger bank with a specialist property division offering bridging, development, and refurbishment finance. It overlaps with Avamore on products but with a larger balance sheet and broader banking charter.
• Paragon Banking Group: Paragon is a major UK specialist lender with a substantial development finance division serving professional property developers. It is a much larger incumbent operating in many of the same SME property segments as Avamore.
• Together Money: Together Money is one of the UK's largest specialist property lenders, offering bridging, development, and refurbishment finance at scale. It competes with Avamore for the same SME and professional developer customer base, with materially deeper capital.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/avamorecapital
• Facebookfacebook.com/avamorecapital
• LinkedInlinkedin.com/company/avamore-capital
• Instagraminstagram.com/avamorecapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Avamore Capital