LET TO SELL
Two purchasers.
One home.
A completed sale.
For housebuilders, Let to Sell brings an investor and a first-time buyer together to purchase the whole property.
Explore the builder proposition ↓ILLUSTRATIVE PURCHASE VALUES
One £400,000 home.
Two complementary purchases.
The builder sells its entire interest.
Purchase values at the same proportional valuation, not cash deposits, mortgage offers or net proceeds after costs.
FOR HOUSEBUILDERS
A full exit for you.
A route into ownership
for the buyer.
An investor purchases 50–75% of the home. The first-time buyer purchases the complementary 25–50%. Together, the purchases enable the housebuilder to sell its entire interest at completion.
The buyer lives in the home, pays rent on the investor-owned share and has the right to buy further shares up to full ownership under agreed terms.
The investor receives rent and participates in changes in the value of its interest. Returns and the timing of its exit are not guaranteed.
ONE PRODUCT. DISTINCT STARTING POINTS.
Already own
a rental property?
For an existing landlord, the starting point is different: sell an initial share of at least 25% to a first-time buyer and retain the remaining investment interest.
The landlord releases capital while retaining rent and exposure to changes in the value of the retained share. Further buyer purchases can provide a gradual exit, without a guaranteed timetable.
The buyer’s purchased interest uses a shared-ownership mortgage; separate financing against the landlord’s retained interest may apply where appropriate. Lenuity charges a management fee, with terms to be agreed.
The distinction
that matters.
Sells the whole interest.
Investor and buyer purchases combine at completion.
Retains an investment.
Sells an initial share and keeps the remaining interest.
PART OF A WIDER CAPABILITY
One product.
A broader service.
Let to Sell is one example of Lenuity’s product capability. The wider service designs and coordinates a finance programme around your homes, buyer groups and sales objectives, with regulated lending and servicing partners.
Explore the Lenuity service ↗BUILT AROUND YOUR BUSINESS
Let’s start with
your development.
Discuss your homes, your sales objectives and where a customer-finance programme could make a difference.
Discuss a development ↗