Case Study · United Kingdom

Beneficiary of a Trust Requires a Short-Term Loan in the UK

5 June 2023

Beneficiary of a Trust Requires a Short-Term Loan in the UK

Mayfair, London presents trust beneficiaries with time-sensitive opportunities to acquire valuable residential properties. As a leading bridge loan company, we offer short-term loans tailored to their needs, enabling swift and effective financing. With a market value of £9,750,000 and a loan amount of £5,039,873, this case exemplifies the advantages of our short-term loans for trust beneficiaries in the UK.

Swift Financing with our Short-Term Loans

Mayfair’s exclusive real estate market poses challenges for trust beneficiaries seeking financing. Traditional lending processes often consume valuable time, hindering beneficiaries from capitalizing on time-sensitive opportunities. However, our short-term loans provide a solution that allows trust beneficiaries to act swiftly.

Empowering Trust Beneficiaries

With our streamlined approval processes and expedited funding, beneficiaries can acquire valuable residential properties within a short timeframe. In this case, the beneficiary successfully secured a property of significant value in just two weeks with the support of our efficient loan process.

Flexibility for Time-Sensitive Projects

Rikvin Capital’s short-term loans offer flexibility for trust beneficiaries in the UK. These loans allow beneficiaries to seize opportunities without being bound to long-term financial commitments. In this specific case, the 12-month loan term perfectly aligned with the beneficiary’s needs, enabling them to execute their plans effectively within a defined timeframe.

Convenient Repayment Terms

As a leading bridge loan company, we structure repayment terms to ensure convenience for trust beneficiaries. We provide options for monthly and quarterly payments, along with a convenient roll-up payment arrangement. Considering the client’s stable cash flow, they opted for a monthly payment plan to ensure easily manageable repayment instalments.

Our dedicated team provides personalized support throughout the repayment process.

If you are a trust beneficiary seeking immediate financing for a residential property acquisition, we are your trusted partner. As a reputable bridge loan company, we understand the unique needs of trust beneficiaries and offer tailored funding solutions. Embrace the power of RC’s short-term loans to seize opportunities and make your mark in the UK property market.

Related: Read about when Rikvin Capital enabled a developer to purchase a prime London commercial asset

  • Location: Mayfair, London
  • Market Value: £ 9,750,000.00
  • Loan Amount: £ 5,039,873.00
  • Loan-to-Value: 52%
  • Duration of Loan: 12 Months
  • Payment Schedule: Monthly
  • Asset Type: Residential Property
  • Completion Time: 2 weeks

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FAQ

I am a trust beneficiary acquiring UK property. Can Rikvin Capital fund me?

Yes. Trust-beneficiary borrowers and family trusts are a normal part of our UK book. The Mayfair case lent £5.04 million against a £9.75 million London residence (52% loan-to-value) in 2 weeks. We work with your trustees and tax advisors to keep the structure clean.

How does the trust structure affect the loan?

We typically lend to either the trust itself, the trustee in their corporate capacity, or a SPV held by the trust, taking first charge over the UK property. Personal guarantees from the beneficiary may also be requested. The exact structure is finalised with your trust advisors during underwriting.

How quickly can a trust-backed Mayfair purchase be funded?

2 to 3 weeks for a clean trust structure where beneficial ownership is well-documented, as in this case. New trust borrowers may take a few extra days for the chain-of-ownership KYC. We send a tailored checklist to keep the process tight.