Hodge launches commercial product for serially active property investors

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  • 29/03/2022
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Hodge launches commercial product for serially active property investors
Hodge has launched a new commercial investment finance product for veteran property investors interested in a mixture of commercial buildings.

The product is designed to help serially active, proven investors buy, manage, refinance or add value to commercial real estate assets such as office buildings, industrial, retail, leisure and mixed-use buildings. The maximum individual loan size is £5m, with £10m aggregate to borrowers in common ownership.

Loan to Value (LTV) ratios of up to 75 per cent are available with floating or fixed rate loan terms up to five years.

To be eligible, the borrower can include Ltd Co, LLP, sole trader and Trusts with UK based ownership.

Kevin Beevers, managing director of commercial lending at Hodge (pictured), said: ““We designed the product as we saw a gap in the market in this area of commercial property, where investors who specifically target commercial real estate assets are not well served, despite running highly successful portfolios.

“Hodge provides a human approach to commercial lending – each client has direct access to a dedicated, experienced relationship manager and each application is personally reviewed and assessed by a specific underwriter who evaluates its merits and risk.

“That relationship and one-to-one method really helps to get the best out of the finance product for the investor, and is especially suited to active investors who regularly buy, refinance, modify or sell property as that type of investor requires a close relationship with their funder.”

Beevers added: “We aim to be the finance provider of choice for our target market with our adaptable attitude to applications, as well as our attractive criteria.”

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