Single Loan for Residential Investment Portfolios and Blocks
State Bank of India (UK) Ltd provides tailored financing solutions for residential real estate investors, landlords, and property companies seeking larger and more flexible facilities than traditional buy-to-let lending.
What is Residential Real Estate (RRE) Finance?
Residential Real Estate (RRE) finance is a business-purpose product designed for income-producing residential investment properties, including:
- Residential investment portfolios
- Blocks of flats/apartments
- Multi-unit residential properties
- Residential assets held for long-term investment purposes
Key Features
- Loan sizes from £250,000 up to £25.0 million
- Terms of up to 10 years
- Capital & Interest or Interest-Only repayment options
* For Interest-Only repayment options, you must have a suitable repayment strategy to repay the principal at the end of the loan term. Fluctuations in property values or lending criteria may affect your ability to refinance.
- Funding available for:
- Property acquisitions
- Refinancing existing debt
- Capital raising
- Portfolio consolidation
- Repayment of bridging facilities
- Property investment purposes
- Residential portfolios and multi-unit properties considered
- Properties located in England and Wales only.
Loan-to-Value (LTV)
| Facility Size | Maximum LTV |
|---|---|
| Up to £10 million | Up to 75% LTV |
| Over £10 million to £25 million | Up to 70% LTV |
Property Types Considered
- Individual residential investment properties
- Blocks of flats and apartment buildings up to 250 units
- Residential portfolios
- Multi-unit residential assets
Flexible Lending Approach
Our specialist team understands that larger residential investment transactions often require bespoke structuring. We take a pragmatic approach to underwriting and can consider a range of ownership structures and transaction types.
Important Information
- Subject to complete underwriting, satisfactory valuation, and the application meeting the Bank's lending criteria. Arrangement fees, legal costs, valuation fees, and early repayment charges may apply. Full details will be provided in your indicative term sheet.
- This product is for business purposes and not regulated by the Financial Conduct Authority (FCA).
- The maximum Loan-to-Value (LTV) limits, loan terms, and any interest rates displayed are indicative only and represent the maximum available limits. Actual terms, margins, and other fees associated with this product applicable to your facility will be determined on a case-by-case basis and will be detailed in your formal facility letter.
- The Bank reserves the right to withdraw or amend this product its features, or its criteria at any time without prior notice.
For more information or to discuss a transaction, please contact our Commercial Real Estate Finance team or the nearest branch.
YOUR PROPERTY MAY BE REPOSSESSED AND/OR A RECEIVER OF RENT APPOINTED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.