January 31, 2014
At the end of 2013 Young Group used the Real Estate team at Santander to refinance one of our property portfolios.
Finance in the Private Rented Sector is a current hot issue and we thought it would be relevant to have a ‘Focus Feature’ article from a bank that is actively lending in our sector.
In 2012 and 2013 the Santander Real Estate team undertook a significant number of transactions in the PRS, with transactions ranging from £1m to £20m+. Whilst there is little doubt that the overall funding market is becoming more accessible to institutional borrowers, following the hiatus of the last few years, it is still not easy for the smaller, non-institutional borrowers to secure funding.