TAB completes £1m commercial mortgage for refinance and capital raise
25 June 2026
TAB has completed a £1.008m commercial mortgage to support the refinance of existing borrowing and release additional capital for future business growth.
The transaction was introduced by Melius Commercial and secured against a portfolio of office in St Helens, Merseyside and Tamworth, Staffordshire. The five-year facility enabled the borrower to refinance an existing loan while raising additional funds to support wider business objectives.
According to TAB, the funding was structured following consideration of the asset base, business context and the proposed exit strategy.
The deal was secured against office properties with established commercial use. TAB said it worked with the broker and professional advisers throughout the process to complete the transaction within the required timeframe.
The commercial mortgage lender and bridging specialist said the case reflected continued demand from borrowers seeking longer-term funding solutions that can refinance existing facilities while providing access to additional capital.
Ben Humphreys, TAB’s BDM for the north of England, said:
"This case demonstrates how commercial mortgages can be used not only to refinance existing borrowing but also to release capital that supports future growth plans.
“The borrower was looking for a funding solution tailored to them, that would allow them to refinance an existing facility while providing additional liquidity. We were able take a considered view of the asset base, business context and exit strategy to structure a solution that was aligned to the borrower’s long-term plans.
“At TAB, we are focused on bringing momentum to lending and helping brokers and borrowers access funding when opportunities arise. And we have an appetite for well-structure commercial property transactions. While commercial mortgages have traditionally been associated with longer timescales, borrowers increasingly expect quicker decisions and faster execution. Our aim is always to deliver commercial mortgages with the responsiveness the market demands, and here we were able to provide a commercial mortgage at bridging speed, while maintaining a disciplined approach to underwriting.
“This transaction is another example of brokers seeking funding solutions that combine certainty of execution, speed with the flexibility and pragmatic approach to underwriting required to support their clients' longer-term objectives.”
TAB’s underwriting was carried out by Waheeb Husaini.
Daniel Jones, director at Melius Commercial, said:
“TAB made this transaction really easy, from start to finish. We faced a few hurdles initially with valuations; Waheeb handled everything really competently. It makes a change when a lender proactively looks to fund a deal, helps when in legals and keeps all parties informed. The full team at Melius Commercial really appreciated it."
