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BESPOKE

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GUIDES

TITLE SPLIT
FINANCE

TITLE SPLIT FINANCE

100% Finance of Purchase & Refurb Price Possible

What? Where?

  • Multi Unit Freehold Blocks

  • Target Purchase Price: £300,000 Minimum

  • Split Value: 50% Upside for 100% PP

  • London, South West, South East, Midlands & Major Cities
     

How?

  • Find properties through Sourcing, Portals (OnTheMarket.com), ensure they are Freehold Blocks.

  • Extensive due diligence on local leasehold market. There must be demand, there need to be recent sales comparables.

  • Estimate value of each flat if split.  Work out service charge and ground rent.
     

Funding

  • 70% Loan to Split Value

  • 0.99% per month, recommended term of 6-9 months

  • 2% Arrangement Fee

  • £500 Admin Fee

  • Lender Legal: Varies
     

How?

  • Valuation: £1,500 - 3,000, depending on size and location. Specific instructions.

  • Architect: Circa £2,500 on a building with 5 flats.

  • Accounting: With advice £500-1,000 for correct structure

  • Legal: £1,000 per lease, plus conveyancing and undertaking costs. Budget £10,000 on a building with 5 flats. 

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Property 1

5 Flats - South

Purchase Price:   £470,000
Split Value:           £700,000

Net Loan:              £450,000
LTV:                         95.7 %

 

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Property 2

31 Flats - Wales

Purchase Price:   £1,800,000
Split Value:           £2,600,000

Net Loan:              £1,620,000
LTV:                         90 %

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Property 3

Flats - North West

Purchase Price:   £570,000
Split Value:           £807,000

Net Loan:              £505,000
LTV:                         88.5 %

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BREAKDOWN

Property 1 - Suffolk
5 Flats

List Price:              £495,000
Purchase Price:   £470,000
Split Value:           £700,000

Net Loan:              £450,594
LTV:                         95.7 %
 

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Loan Calculation
Split Value:                    £700,000
Gross Loan: 70%          £490,000

- Arrangement Fee (2%)         £  9,800
- Interest (0.99% x6)                 £ 29,106
- Admin Fee                               £     500

Net Loan:                        £450,594

Other Fees

Architect : £2,000
Legal: £7,500
Accounting: £1,000
Valuation: £2,500

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REFINANCE
75% LTV on £700,000
= £525,000

 

Cash Out: £35,000
Deposit Worth: £175,000

 
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GUIDES

HUNTER
LICENCE

HUNTER LICENCE

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PRODUCT
Revolving Credit Facility (Regular & Shari'ah)

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MISSION
Speed and Reduced Transaction Costs

Structure
Take collateral on an unencumbered asset. Provide drawdown facility. 

Property valued and lend based on 70% LTV. First Charge taken as security. 

Facility available to drawdown and repay on demand. 

Cost


One time upfront fees. Arrangement Fee: 2%, Admin Fee: £500, Legal & Valuation

0.99% per month on any amount drawdown.

No underwriting required on usage. 

Why?


With one time fees you will save on arrangement fees, valuations and legal. You will also save time as drawdowns can be arranged with a few days notice, instead of weeks.

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TARGET
Auction, Foreclosure, IHT Events

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GUIDES

SSAS SPECIALIST FUNDING

SSAS SPECIALIST FUNDING

GROUND UP DEVELOPMENTS / COMMERCIAL CONVERSIONS

within your SSAS

Once per 18 months, so as not to be consider "Trading".

Purchase Land / 
Building within
SSAS

Fund Development / 
Refurbishment Costs through SSAS

Project Complete
Building Certs 
ready to issue

Development Finance optional up to 50% Net Asset Value

Own SPV

SELL

External Buyer

No limitation on frequency.

Development Exit Finance can be arranged 

(if you took earlier finance and are retaining ownership, loan can be novated and topped up)

Purchase 
£100,000

Build Costs
£200,000

Project Complete
Building Certs 
ready to issue

SELL

Injection of extra £200,000 

into SSAS

GDV: £500,000

"An opportunity to quickly grow your SSAS until your only
issue will be finding more trustees, having reached the
individual lifetime allowance "

VS.

REPAY

Injection of extra £30,000 

into SSAS

Loanback
£300,000

Interest
£30,000

 
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GUIDES

EXPERIENCE
BRIDGE

EXPERIENCE BRIDGE

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Foreign nationals without a credit history in the UK now have access to a new financing solution that not only provides money for a property purchase but also creates potential access to significantly better future lending rates.

Providing a fixed amount up front, with the interest being paid off monthly and the capital balance at term, the investor can create a UK paper trail - potentially attracting significantly cheaper rates from a wider pool of lenders when it’s time to refinance.

After building credit, foreign investors may no longer have to pay high interest rates on Buy To Let mortgages, and in some circumstances may enjoy as much as 50% off the previous term rate.

  • Exclusively for Foreign Nationals that lack a UK credit history.

  • Only 0.83% per month or 4.98% over the 6 months

  • A 6 month Serviced Bridge to build experience and a credit history to potentially qualify for improved rates on Buy to Let Term Mortgages in the future.

  • Up to 70% Loan To Value

Additional Lender Fees include:

- Arrangement Fee                             2%

- Administration Fee                          £695

- Survey Fee from                               £500 + VAT

- Solicitors Fee from                           £1,950 + VAT

- Security Release Fee                       £450