UK Secured Lending | Special Situations | Distressed Assets
Short-duration, asset-backed lending at conservative LTVs. When borrowers repay, we earn yield. When they don’t, we acquire assets at half price.
UK bridging finance generates private equity returns with real estate security. The market is fragmented, operationally inefficient, and dominated by slow-moving incumbents. We exploit speed, certainty, and disciplined credit to extract outsized yield from short-duration secured lending.
From origination to exit in as little as six weeks. Every loan follows the same disciplined lifecycle.
Each strategy serves a distinct purpose within the portfolio. Together, they create a blended engine of yield, optionality, and scale.
£250k – £1,000,000
Short-duration secured lending to borrowers with strong property assets but complex circumstances. Auction purchases, chain breaks, probate, charge redemptions.
£500k – £2,000,000
Deliberate deployment into distressed positions where enforcement yields asset acquisition at 50% of market value. The value capture playbook applied to UK residential.
£1m – £2,000,000
Development bridge for PD conversions, HMO refurbishments, and PBSA. Lending against current value with 40–60% GDV uplift as additional security.
Every loan. Every time. No exceptions.
The Kensington Special Situations Fund evolved from Kensington Private Credit (KPC), an operating lender and brokerage that demonstrated the viability of high-velocity secured lending at micro-scale.
KPC compressed industry-standard completion timelines from 6–12 weeks to 15 days through systematic process automation, a controlled solicitor panel, and proprietary underwriting. This operational capability is the engine that powers institutional-scale deployment.
The KPC pilot proved three critical hypotheses: demand exists for rapid secured lending, capital recycles at 6-week intervals, and the operational model compresses timelines to a fraction of industry norms.
Combining 25+ years of sales and financial services experience with deep private equity expertise.
Every KPC deployment is supported by an integrated panel of specialist professionals. Rigorous standards. No exceptions.
The minimum commitment for Limited Partners is £250,000. The fund is open to certified high-net-worth individuals, sophisticated investors, and institutional allocators as defined under FSMA 2000.
Returns are generated through a combination of rolled-up interest (1.5–2.5% per month), facility fees (4–6%), arrangement fees (4–6%), and exit fees (1%). All fees are charged to the borrower and recovered at loan redemption. The short duration of loans (3–12 months) allows capital to be recycled multiple times per year, compounding returns.
At 50% LTV, every loan has a substantial equity buffer. In a default scenario, the fund enforces its security through LPA receivership or possession proceedings and acquires the underlying property at approximately half its market value. Default is treated as an asset acquisition opportunity, not a loss event. Even selling the acquired asset at a 30% discount to market yields positive returns.
The fund charges a 2% annual management fee on committed capital and a 25% performance fee on profits exceeding a 10% annual hurdle rate. The higher hurdle ensures investors receive a meaningful preferred return before any performance allocation to the General Partner.
Monthly NAV statements and loan book summaries. Quarterly financial statements with Power BI dashboard access providing real-time visibility into deal flow, performance metrics, and concentration risk. Annual audited accounts with independent valuations of all secured positions.
The fund is structured as an unregulated collective investment scheme. All underlying loans are unregulated business-purpose bridging facilities exempt from the Consumer Credit Act 1974. The fund is only available to eligible investors meeting the criteria set out in FSMA 2000.
We are selectively accepting expressions of interest from qualified investors. Request our Information Memorandum for full fund details, unit economics, and terms.
Request Information MemorandumThis website does not constitute an offer or solicitation. The Kensington Special Situations Fund is an unregulated collective investment scheme available only to eligible investors as defined under FSMA 2000. Past performance is not indicative of future results. Your capital is at risk.