As we move through into the second quarter, I wanted to share a brief update highlighting a selection of transactions HS Credit (HSC) has completed recently. These deals reflect the breadth of scenarios we’re currently seeing and I hope will be helpful in giving you a guide for where HSC can support you and your clients.
Recent completions include:
- SSAS Pension Scheme – A new lending facility of £350k, arranged for a SSAS, secured against an industrial unit at 45% LTV. A straightforward structure with a good covenant and long‑term asset strategy.
- Purpose‑Built Student Accommodation – £4m funding completed on a fully leased student accommodation block at 70% LTV, structured on an interest‑only basis, supporting cash flow while maximising leverage.
- HMO Portfolio – A multi‑asset HMO portfolio funded at 66% LTV, with all property ultimately let to a Registered Social Landlord. Debt of £1.4m with repayments set against an 18 year profile.
- A low‑Value Residential Portfolio – A portfolio of low‑value residential properties let on ASTs, with total lending of £860,000 at 55% LTV.
These transactions demonstrate continued appetite especially for specialist residential as well as commercial and semi‑commercial property. Each facility is bespoke and priced according to perceived risk, with rates ranging from 2.3% to 5% above bank base rate. We are not tied to products and are able to structure as befits your clients strategy.
If you’d like to discuss any of the above structures, lender appetite, or have a case you’d like to sense‑check, I’d be very happy to chat.
Joanna Winterton
Head of Birmingham Office
HS Credit Limited
M:+44 7793 822 246