Aldermore has introduced a new Ground Rents Finance proposition, aimed at experienced owners or operators of freehold ground rent portfolios and assets.
The provider says its new product offers an alternative solution to property owners, allowing them to release value from their real estate while still controlling the asset.
Ground Rents Finance is suitable for businesses that are looking to acquire a new freehold ground rent portfolio, refinance an existing one, or create liquidity by unlocking the value of freehold to seize new development opportunities.
Loans are available from £1m to £20m and up to a maximum of 60% LTV. There are flexible repayment terms up to 10 years.
John Carter, commercial director for commercial real estate at Aldermore, said: “We’re excited to launch our Ground Rents Finance product which will support a range of clients either seeking to acquire residential ground rent assets or use their freehold real estate assets as a financial resource, creating liquidity to seize new development or investment opportunities.
“Aldermore has a unique approach to lending, and every case is individually assessed by specialists with sector expertise and bespoke pricing and terms.”