Propifi Bonds — institutional access to secured UK real estate credit.
Fixed Rate Senior Secured Notes — up to 10.1% annual coupon paid quarterly, listed on Boerse Frankfurt, backed by first-charge collateral on UK social housing assets.
A senior secured instrument, engineered for measured yield.
Propifi Bonds Plc issues Investment Grade Senior Secured Notes structured within a bankruptcy-remote trust framework. Proceeds are deployed as first-charge bridging loans to vetted UK commercial property developers, with a dedicated focus on social housing, assisted living and retirement communities.
Since the launch of its inaugural Senior Secured Bond Programme in 2020, Propifi has invested tens of millions into affordable housing initiatives — consistently meeting every coupon and redemption obligation to noteholders across the Medium-Term Note Programme.
Through strategic partnerships with Nexus Housing Developments UK and Social Housing Gateway, an additional £170 million is earmarked for UK social housing over the next 12 months, aligned with the UK Government's commitment to deliver 500,000 new affordable homes.
What defines the instrument.
Stable outlook, backed by a strong credit profile and independent trustee oversight.
First-charge security over borrower property assets plus all assets of Propifi Investments Ltd.
Capital deployed into affordable housing, assisted living and retirement communities across the UK.
Since 2020, every coupon and redemption paid in full and on time across all series.
Rental contracts secured with UK Central Government prior to project completion.
GBP, USD and EUR denominated notes with daily traded liquidity via Crest / Euroclear.
Structured within a trust framework with an independent Security Trustee (Truva Corp).
UCITS, SIPP, SSAS, QROPS, Portfolio Bonds and Investment Platforms.
Six layers of investor protection.
The structure is designed to insulate bondholders from issuer risk and to provide direct, first-priority recourse to real-economy collateral.
Every bond is backed by a first legal charge over the underlying property assets of Propifi Investments Ltd borrowers, granting bondholders priority in the event of default.
In addition to borrower assets, all assets of Propifi Investments Ltd — including cash — are pledged as collateral for the notes issued by Propifi Bonds Plc.
Borrowers provide personal guarantees, offering recourse for bondholders beyond the value of the property collateral.
Collateral is held by Truva Services Ltd on behalf of noteholders — insulating security from any potential issuer insolvency.
Maximum 70% Loan-to-Value on origination. With fees and interest deducted upfront, the effective look-through LTV is approximately 54%.
An independent L&P administrator monitors ratios continuously and is empowered to enforce corrective actions, including asset liquidation.
Financing a structural gap in UK housing.
Traditional property financing is tightening under a nationwide credit squeeze. Bridging finance now plays a strategic role in the UK's financial ecosystem — providing fast, flexible capital to developers building the homes the country needs.
UK bridging loan market size at end of 2024 (Mintel).
Projected growth of the UK bridging market over the next five years.
New affordable homes targeted by the UK Government programme.
Projected Gross Development Value of Propifi-funded projects by end of 2025.
A structure supervised by independent counterparties.
A programme built over eight years.
- 2017
Propifi Group founded.
- 2018
Crowdcube funding round, 150% oversubscribed.
- 2020
£5B Senior Secured Bond Programme launched.
- 2024
Unlisted bond redemption paid in full.
- 2024
Strategic partnerships with Nexus Housing and Social Housing Gateway.
- 2025
Propifi Bonds Series 3 launch; first listed bond redemption paid.
- 2025
+107% year-on-year growth in bond trades (vs. same period 2024).
How access works
Private introduction to the instrument, capital structure and reporting framework.
Prospectus, term sheet and subscription documents shared under NDA.
Onboarding and subscription executed via qualified intermediaries.
Quarterly income distribution and periodic issuer & collateral reporting.
Request a private briefing on Propifi Bonds.
Access is reserved to institutional investors and qualified private clients. Documentation is shared under NDA following an initial orientation call.
Dubai International
Financial Centre
Covent Garden
London