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The Assetz Capital platform is no longer open to investment from individual investors. No new investments into peer-to-peer loans are possible and, as a result, no new funds should be deposited. The existing loan book relating to the Retail platform is now in run-off and this will, over time, deliver the return of capital to investors. Full information can be found here . Existing Retail lenders can still log in, view information regarding their account and loan holdings and operate their account in accordance with the information regarding the run-off provided on the link above. Please see this important message regarding the currency of the information on the pages on this website.

Get your 'Property Investor Hunting Licence’ today!

Get your 'Property Investor Hunting Licence’ today!

Since the global credit crunch hit in 2007, banks have slashed their lending to British businesses and property investors. As a result, finding fairly priced funds to buy property has been a real problem, particularly for investors that need to move quickly.

The great news is that, with the launch of our Property Investor Hunting Licence, Assetz Capital is bringing back fast, flexible and fairly priced finance for experienced property investors.

Your Hunting Licence Allows You to 'Compete to Complete'

Armed with your Hunting Licence, you can once again trade, develop and invest in property quickly, easily and at attractive rates of interest.

How it works is simple: after pledging existing property security, you gain access to a credit line that allows fast cash drawdowns. This gives you the opportunity to 'compete to complete' by moving quickly in transactions where cash is king. (We prefer a first charge over property, but will consider second charges.)

Get More Financial Firepower Today

Here's What a Property Investor Hunting Licence Will Do For You:

  • Over £500 million of funds, ready and waiting to be lent
  • Fast, flexible finance, enabling you to buy for cash
  • Attractive interest rates -- cheaper than bridging finance
  • Low fees when not in use
  • Buy for up to 100% LTV (loan-to-value ratio), if your facility is sizeable enough
  • 24-hour drawdown with minimal paperwork, once your drawdown facility is in place
  • No more long-winded loan applications to complete
  • Be as fast and flexible as cash buyers, either in the open market or at auction
  • Cheaper and longer-lasting than most overdrafts or secured loans (if used for only part of the term)
  • 'Evergreen' facility: in place for up to three years, with rates changing only if market conditions change

Stuart Law, co-founder and CEO of Assetz Capital and an expert property investor in his own right, comments, "For the past eight years, UK property investors have been held back by banks unwilling to lend. Armed with our Property Investor Hunting Licence, Assetz Capital clients can finally access the fast, flexible and fairly priced finance they need to buy, develop and trade property. We're incredibly excited about the opportunities that this new facility throws up -- and we're sure that our clients will be, too!"

Click, Call or Email to Get Started Right Away

If you're an experienced UK property investor looking for extra financial firepower today, then please click here, call our experienced team on (0207) 870 1023, or email enquiries@assetzcapital.co.uk. We'll be delighted to hear from you!

The Small Print

Please note that Assetz Capital does not provide FCA-regulated mortgage contracts and/or Consumer Credit-regulated loans.

Hunting Licence Technical Details

  • The minimum loan amount is £100,000 and the maximum is £2 million.
  • This facility lasts for up to three years.
  • The maximum LTV is 70% of market value for first charges over existing property offered as security and 60% of market value for second charges.
  • The arrangement fee is 1.5% of the maximum facility amount, plus a 0.25% quarterly availability fee, payable by standing order.
  • To put the facility in place, borrowers will also need to pay relevant legal and security fees. In addition, there is a one-off administration fee of £750.

Interest Rates (Paid Monthly on Drawn Balance)

  • For first charges: under 50% LTV: 9% a year; under 60% LTV: 10% a year; up to 65% LTV: 11% a year.
  • For second charges: under 50% LTV: 11% a year; up to 60% LTV: 12% a year.

Each facility will be structured and priced on its own merits. We will consider terms outside the above LTVs and maximum loan guidelines where the circumstances of loans warrant it.

In Order to Consider Your Initial Proposal, We Will Need:

  1. An executive summary of the existing property security offered as collateral on this facility.
  2. An outline of the dynamics of expected property acquisitions and sales.
  3. Your 'property investor CV', to demonstrate your investment experience.

Security

  • We require a first- or second-charge security taken over acceptable freehold or long-leasehold properties in the mainland UK.
  • Where the borrower is a limited company, additional security will be required in the form of a debenture over the borrower, a charge over the shares of the borrower and, subject to each case, possibly personal guarantees from relevant directors and/or shareholders.
  • For second-charge securities, we also require a 'Deed of Priority' from existing lenders.

Lending Terms

  • We will lend to limited companies (including special-purpose vehicles) and may consider investors in overseas jurisdictions owning UK properties, subject to suitable foreign legal opinions.
  • Interest will be charged on a daily basis (subject to the minimum loan term specified for each loan) and payable monthly or, for short-term transactions and with our prior agreement, on newly acquired property exit date.
  • As above, we prefer retained or advanced interest, such that we can pay interest to our lenders monthly. However, we will consider allowing interest to be capitalised until property sale. A three-month interest buffer will be required and may be added to the loan.
  • Applicable introducer fees will be added to the loan, where the LTV allows, and will be paid within 24 hours of completion. The introducer will be solely responsible for advising the Borrower on structure and pricing. Procuration fees may be paid to approved introducers.
  • Details of a viable exit will be required and, in some cases, we may request evidence of this.
  • The borrower is responsible for all professional fees and an undertaking or cover for legal and other professional costs will be required.
  • Title insurance may be required on loans where they fit the relevant criteria. The premium for this policy will be added to legal costs.

WEALTH WARNING: "As with most forms of investment, peer-to-peer lending carries a degree of risk to your capital; in this case, if borrowers were unable to repay their loans. At Assetz Capital, we seek to reduce this risk to our investors by taking asset security on every loan, with the added benefit of a discretionary Provision Fund for some of our investment accounts."

- December 7, 2015

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