Get in touch
News

Pluto Finance launches new term loans for residential investment

Pluto Finance has launched a new lending product for professional landlords in the UK’s private rental sector.

With loan sizes from £5m to £50m, Pluto Finance will provide loans of up to 65% LTV for fixed terms of 10 years or longer at a margin of c. 2.5%.

Simon Chapman, Lending Director at Pluto Finance, comments: “We are delighted to be able to announce the launch of our residential investment term lending programme.  We are looking to fund professional landlords with unbroken blocks of flats in major towns and cities throughout England and Wales.” 

“Combined with our market leading rates for residential development funding, we can now provide full-cycle development and investment finance for PRS landlords on very attractive terms.”

Pluto Finance is looking to make over £200m of residential investment term loans by March 2021.  

This new lending programme compliments Pluto Finance’s existing core products. The specialist property lender focuses on stretch senior, senior and bridging loans, with backing from top-tier global financial
institutional investors.

Pluto Finance has been actively lending since 2011 and is currently funding the development of around 2,000 new homes.

Leave a Reply

Your email address will not be published. Required fields are marked *

Privacy Settings
Information About Our Use Of Cookies Our Site (www.pluto-finance.com) uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our Site and also allows us to improve our Site. By continuing to browse the Site, you are agreeing to our use of cookies. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer’s hard drive. Cookies are typically assigned to one of four categories, depending on their functions and intended purpose: strictly necessary cookies, analytical/performance cookies, functionality cookies and targeting cookies. We use the following cookies: Analytical/performance cookies. These cookies collect information about how you use our Site. They allow us to recognise and count the number of visitors and to see how visitors move around our Site when they are using it. This helps us to improve the way our Site works, for example, by ensuring that users are finding what they are looking for easily. These cookies don’t collect information that personally identifies you and only collect aggregated and anonymous information. You can find more information about the individual cookies we use and the purposes for which we use them in the table below: Cookie Name Purpose More information Analytical/performance cookies Google Analytics Examples of purposes for which a cookie may be used: · Estimate our audience size and usage pattern. https://www.google.com/analytics/analytics/#?modal_active=none You can block cookies by activating the setting on your browser that allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or parts of our Site. Last updated: 31 July 2018
Youtube
Consent to display content from Youtube
Vimeo
Consent to display content from Vimeo
Google Maps
Consent to display content from Google
Spotify
Consent to display content from Spotify
Sound Cloud
Consent to display content from Sound
Get a Quote