Link Asset Services has partnered with Dutch buy-to-let specialists, Build Finance.
Funded by Brand New Day Bank, Build Finance is a new entrant and challenger in the Dutch rental housing mortgage market offering loans between €2 and €10 million. On average, each loan typically consists of 25 properties.
Primarily targeting long-term investors such as family offices, insurance companies, and pension funds, Build offers a risk-adjusted return compared to more traditional asset classes and residential mortgages.
Link Asset Services will have responsibility for the application process, underwriting, as well as primary and specialist servicing.
Rik Douwes, country managing director, Netherlands, Link Asset Services, said: “Build Finance is hugely ambitious. The team has a proven track-record of successfully launching and scaling up new businesses, and is aiming to shake up the buy-to-let industry. Link Asset Services is firmly established in the Netherlands with local knowledge, expertise, and experience, and we are looking forward to helping Build succeed in its endeavours.”
Jeroen Spoor, CIO, Build Finance, added: “The lack of affordable housing is a real issue across the Netherlands. Our aim is to be part of the solution by financing existing and new rental homes while also delivering attractive returns for investors. Link Asset Service’s market leading experience will guarantee that the lending process will be both streamlined and robust, giving us a great opportunity to achieve our growth ambitions.”