The announcement comes shortly after TAB secured a £500 million funding facility with AB CarVal, a move which the firm said would support its continued growth in the UK property finance sector

Real estate finance and investment specialist TAB has reported that its total loan redemptions have now exceeded £500 million since its establishment in 2018.

Highlighting the effectiveness of its underwriting processes and the resilience of its loan portfolio, TAB also pointed to the role of its recoveries team in achieving the feat.

The announcement comes shortly after TAB secured a £500 million funding facility with AB CarVal, a move which the firm said would support its continued growth in the UK property finance sector.

Reaching £500 million in loan redemptions is a major milestone for TAB, said Duncan Kreeger, chief executive officer at TAB. It is a clear validation of our lending model and the strength of our underwriting and risk discipline, delivering not just speed and flexibility but consistently positive outcomes across our portfolio.

He added: When clients repay at this scale, it shows trust in the process, confidence in the product, and belief in the platform. Combined with our £500 million institutional facility from AB CarVal, this moment marks a new chapter in TAB’s growth and underlines our ambition to become the UK’s leading non-bank lender.

TAB has expanded its presence in the mortgage market since its launch, offering bridging finance and other property lending solutions. The company has focused on providing finance with rapid turnaround times, adapting to market developments, and maintaining transparency in its operations.

Looking forward, TAB aims to use its partnership with AB CarVal and its track record in lending to further increase its lending capacity, support additional borrowers, and widen its investment offerings. The company is also introducing artificial intelligence into its asset-backed finance processes, seeking to improve efficiency and accuracy in lending decisions.