Hands off returns of 9% p.a. secured within a property acquisition and investment strategy
As I look to scale and accelerate the business growth via multiple property acquisitions, I am seeking short to medium term debt finance, which will be secured against my property portfolio.
In the current market conditions there are significant property assets throughout Northamptonshire coming onto the market, for various reasons:
- Landlords retiring or exiting the market
- Fear of pending Renters Rights Bill
- Stagnant housing stock for sale, due to increased SDLT charges (Thanks Labour!)
- Lack of knowledge re future Rental Property EPC requirements
- Perceived 'anti-landlord' Policies and Legislation from this Labour Government
In addition, property Rental Demand remains high, due to increasing cost of living and mortgage/deposit gates that for many tenants are just too high.
Many of the properties I have viewed are in need of repair, that may not lend themselves initially to traditional mortgage purchase, requiring refurbishment prior to a re-finance mortgage application in readiness for rental. Hence my offer of well above (X2) base rate returns for loan finance to assist in the initial property acquisition.
- For significant single investments I am prepared to offer a first charge (Bank level security)
against the property purchase.
- For smaller multi-investment loans, I am happy to offer a personal guarantee.
I am expecting the business loans to be required for a minimum period of 6 months, however they may be rolled over to support further property purchases.
Personal Loan Contract T&C's available for review on request.
