Investing in property is regularly identified as one of the best investments to make, if not the best. While markets are cyclical in nature, the capital value and income return on residential and commercial property both have an overall long-term upward trend. But property finance and investing can be a little difficult to get your head around, until now…
Getting the keys to property investment finance
The buying and selling of property is often said to be one of the most stressful activities, and one of the most common explanations for this is the difficulty with financing.
Each property, whether residential or commercial, is unique, as is the property investment needs that come with it. Each set of circumstances requires a bespoke solution, whether you are:
- needing a bridging loan to facilitate a related sale and purchase;
- refurbishing or refinancing your property;
- looking to purchase one or more investment properties;
- releasing equity for private or business needs; or
- looking to develop land with or without planning.
Without proper research or expert advice, this can appear like a minefield to the uninitiated. Often property owners can overlook the need for bridging loans when selling and purchasing property. There are situations where a buyer will only have sufficient funds to complete the purchase once they complete a related sale of their existing property. In this scenario, a loan could be used to finance the purchase until the capital is released from the other property. This is what is known as a bridging loan – bridging the gap of when money is required and available. It is important that you seek professional advice where necessary as there are costs and risks associated when taking out a loan.
Once you have navigated the complexities of what property investment finance is, and whether or not it is right for you, you will need access to the finance in a timely manner without hassle and suited to your needs. Enter, Duncan Kreeger and TAB.
Kreeger and TAB bridging the gap between buyer and investor
With over 20 years in the property market, entrepreneur Duncan Kreeger is revolutionising the experience of property investment and the finance that comes with it.
Duncan is experienced in this field and was just 17 when he started his first company and has since built and sold a £120 million valuation business, managed £400 million of private capital, and completed in excess of £2 billion worth of secured loans.
In 2018, 10 years after the 2008 financial crisis, he discovered traditional lenders were still too reliant on computer-generated funding criteria and were reluctant to invest in even the most exciting and rewarding property projects coming to market, including much-needed property developments. He saw the need for a new lending model to have the flexibility to assess the merits of the business case and take a holistic view of a borrower’s circumstances. So, he founded and designed TAB.
TAB helps facilitate the property market in a number of ways:
- provides bridging loan and development finance to borrowers who need access to short term capital, quickly, and,
- enables investors to access the UK property market by funding bridging loans or through fractional property ownership.
TAB lends money to borrowers who require access to short term capital. These are unregulated bridging loans on a first and second charge basis against residential and commercial properties in the UK. Since inception, TAB has originated over £60m of loans with an average loan amount of £785k. Borrowers that need a loan will be matched with institutional funding or private investors.
While borrowers are using TAB to help finance their own property investments, at the other end of the scale, TAB investors are able to fund loans that suit their investment goals and risk parameters. Investors can commit to TAB Lending with a minimum investment of £1,000. TAB opens up the world of bridging loan investments to anyone willing to investigate this rewarding market but as with every investment it’s important to consider the risks and understand what they are.
TAB also offers another investment product TAB Property. A fractional property ownership investment that enables investors to own a portion of property from as little as £1,000. Almost every asset class is accessible via fractional ownership, cars, wine, art and even jets, yet real estate hasn’t caught up with the times. That’s where TAB Property is paving the way. Income is earned on their investment from the rental income received from tenants. TAB takes care of the legal, tenanting and management side of property investments, so there are no mortgages, no estate agent fees, no banks and no management required by the investors.
The process is backed up by Duncan’s key values of trust and transparency and a specialist in-house property legal team, underwriters and sales team. Since TAB’s foundation two years ago c. £60 million worth of loans have been written and an ever-expanding number of users are experiencing TAB’s developing high-quality service, finance offering and investment platform.
Kreeger knows what it takes to buy and sell!
As an entrepreneur, Kreeger knows a thing or two about buying and selling. Whilst he is facilitating countless property sales and re-finances UK-wide, Kreeger has sold two companies that he himself built up from scratch and developed to take to market. He has also purchased a company to add and give another dimension to his corporate portfolio. He has built up high-volume teams and trained and managed them into specialists in their field. Through this skilled base, he has onboarded thousands of borrower and private investor clients over his career.
Kreeger and TAB are changing the way people invest in property and by extension the very property market itself. Keep an eye out for further releases on TAB’s mission to democratise property investment through digital transformation and corporate ethos development.
This information does not constitute advice or a personal recommendation and you should seek advice concerning suitability from your investment adviser. As with any investment your capital is at risk. Past performance is not an indicator of future results.
(Image courtesy of https://tabhq.com)