Build to Let Finance
Build to Let is a lending program designed to provide property and building loans to homeowners and landowners for the construction of rental rooms or flats intended solely for rental purposes.
Build to Let is a lending program designed to provide property and building loans to homeowners and landowners for the construction of rental rooms or flats intended solely for rental purposes.
Builders24 and Phyrone Financial Services have partnered to introduce Build to Let, a specialized lending program tailored for homeowners and landowners aiming to develop rental rooms or flats exclusively for rental purposes.
Our collaboration combines Builders24’s expertise in property management with Phyrone Financial Services’ innovative lending solutions to empower individuals in building income-generating rental properties.
Why Choose Build to Let?
At Builders24 and Phyrone Financial Services, we understand the importance of creating long-term value through property investments. Build to Let offers a unique opportunity for property owners to leverage our financing without the burden of immediate cash repayment. Instead, we manage the rental property for 2 to 4 years, using rental income to recover the loan amount. Upon completion of the agreed term, ownership of the rental property seamlessly transitions to you, the landowner, allowing you to enjoy the fruits of your investment.
No Cash Repayment: Build to Let eliminates the need for upfront cash repayment, allowing you to focus on building and renting out properties.
Expert Management: Builders24 takes charge of managing your rental property during the loan term, ensuring optimal occupancy and rental collection.
Ownership Transfer: After the loan is recouped through rental income, ownership of the property transfers to you, providing long-term asset appreciation and rental income.
Application: Apply for the Build to Let loan with Builders24 and Phyrone Financial Services, detailing your property development plans and financial needs.
Loan Approval: Upon approval, receive financing tailored to your project’s requirements, with terms structured around rental income collection over 2 to 4 years.
Property Development: Use the loan to construct rental rooms or flats designed specifically for leasing purposes.
Management Period: Builders24 manages the property throughout the loan term, handling tenant selection, rent collection, maintenance, and ensuring compliance with rental regulations.
Ownership Transfer: Once the loan amount is fully recouped through collected rental income, Builders24 and/or Phyrone Financial Services transfer ownership of the rental property to you, the landowner, marking the completion of a successful investment cycle.
Build to Let is a lending program offering property and building loans to homeowners and landowners for constructing rental rooms or flats.
The loan is repaid through rental income collected by Builders24 over a period of 2 to 4 years.
Builders24 manages the rental property, including tenant selection, rent collection, and maintenance.
Upon completion of the loan term, Builders24 and/or Phyrone Financial Services transfer ownership of the rental property to the landowner.
Yes it can and the landowner and or estate will have to repay Builders24/ Phyrone in full, the amount spend on the property development plus interest.
Yes it can and the landowner and or estate will have to repay Builders24/ Phyrone for the amount spend on the property development plus interest.
Disputes are resolved through arbitration and all actions will be based on the original contract issued by Phyrone in relation to any and all issues.
Builders24 and Phyrone Financial Services may adjust the management strategy or extend the loan term if necessary.
Builders24 and Phyrone Financial Services retain ownership of the rental property until the loan is fully repaid through rental income.
You need to legally own the title and or land the property is to be build and you will need to use the services of a Builders24 contractor, this allows us to manage the quality of work and guarantee professional workmanship
Yes you can, we accept projects from all residential areas.
Yes once you submit a request a Builders24 representative will contact you to come and view the proposed land, once that is completed a Builders24 contractor will be assigned to the project.
Nothing, the is no upfront costs, fees or monetary commitment required from you, the Build To Let Loan will cover everything relating to the project.