Overseas Individuals seeking to enter the British Property Market for Buy-To-Let rental portfolios or Bed & Breakfast assets can leverage on Novyy’s financing structure to find and finance their ambitions in the UK.
Are you looking to setup a property business in the UK?
If yes – we can help you source, shortlist and finance your asset.TALK TO US – JOIN THE WAITLIST
Overseas individuals can source assets from the market or shortlist one from our shelf. In both cases, we will perform the same level of due diligence and underwriting before approving a financing structure. We focus on trading assets which have a history of at least 2 years income generation and are in captive markets.
We welcome both passive and active investors and structure the deal based on the goals and objectives of the individual and their family. Passive investors can opt for a fixed income coupon and active investors pay us a share of net operating income.
We will bring in upto 75% of the money as long-term debt finance which will be guaranteed by us. We have a ceiling of £1.5 Mn TCOA (Total Cost of Acquisition) for first-time customers which can be reviewed after first 12 months should you be more ambitious and wish to scale your portfolio. We can usually lend £2 for every £1 you invest.
We get involved in operating assets only which usually have an existing staff base and a standard operating model. You can be a hand on Manager of your portfolio or leave it to our professional management team.