Posted by Paul Daniels, Partner
Exempt Property Unit Trust (EPUT) gives client enhanced borrowing on the value of the property
We helped an established and successful Wiltshire gastro pub with accommodation purchase its premises using an Exempt Property Unit Trust (EPUT) which gave our client enhanced borrowing on the value of the property.
It also created a more efficient and fundable lease structure for the trading company, Flatcappers Limited. The creation of the EPUT gave the client enhanced borrowing on the value of the property, where a SIPP/SSAS funding option would have limited the borrowing to 50% of the value. EPUT funding by Handelsbanken. EPUT provided by Consortium Investments Management. Financial advice provided by Quro Financial Solutions Limited.
Matt Johnson, Director of Quro Financial Solutions Limited, commented: “I have dealt with Paul Daniels and the Property Team for over 3 years now on various commercial property purchases. They are knowledgeable and efficient and have a very positive ‘can do’ attitude to all the deals I place with them. I have complete confidence in them and enjoy the fact that they are also very easy to deal with. I also find their fees competitive. I happily recommend them to my clients.”
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