Together are talking about Social Housing
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Let’s talk about Social Housing With only 6,500 social rental homes built of the 90,000 needed each year, there is an opportunity in this market for landlords looking to support this underserved area. Landlords may be struggling with rental yields on ASTs as a result of increased interest rates and could be looking to diversify their portfolios. High street lenders appetite becomes more restrictive during challenging market times, and this is where specialist lenders can step in and support. Why work with Together for your Social Housing enquiries? - Lease income rather than market rent can be considered for affordability assessment
- Hometrack and internal funding criteria available *
- They can provide funding to purchase or refinance care homes – both children and adult care homes
- Properties let directly to a local housing association are acceptable, including long leases
- They can also get comfortable in lending against properties let to vulnerable tenants subject to a review of the lease agreement
- They have no criteria limiting the maximum number of bedrooms in a HMO or maximum number of units in a MUFB
- BTL, Commercial term and bridging funding solutions available based on the property type and customers borrowing needs
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