Southern Funding enjoys an unrivalled position as a market leader in property finance with an enviable reputation for providing creative financial solutions for the property industry.

Based in Central London, we have established our reputation internationally by our ability to achieve results. Working closely with British, European and International lending sources, we have forged lasting relationships at the most senior level.

Purpose
      Purchase or re-finance for individuals, partnerships, established companies or SPV's (Single Purpose Vehicles), incorporated either in the UK or offshore.

Properties
      Retail, Office, Industrial, Leisure, Residential, Mixed-Use

Maximum loan to value
      70% - 95% dependent upon covenant strength and quality of cash flow.

Security
      Usually:

• First Legal Charge over the Freehold/Leasehold property, income stream and insurance policies
• Floating Charge over the Company

Period
      1 - 35 years

Loan size
      Minimum £250,000
      No Maximum

Features

• Fixed or Variable Interest
• Margin over LIBOR, Fixed Rate Agreement (FRA) or Gilt
• Interest Only, Amortisation and/or Balloon Repayment
• Substitution of Security
• Flexible Interest Rate Hedging by a combination of Caps, Collars, FRA, Swaps or Drop-Lock

Notes
Indicative Terms: These terms should be treated as an indication only and each transaction will be considered individually and, wherever possible, structured to satisfy the Borrower's ambitions and investment strategy.

Information: Please send copies of the documents listed below, or arrange an exploratory meeting with us:

• Schedule of Leases and details of Tenants
• Goad/Location Plans
• Agents or Auction Particulars, copy valuation or detailed description/photographs of the property.

Interest rates
Variable: Interest rates fluctuate with movements in three month LIBOR and are payable quarterly in arrears calculated on the balance outstanding. The margin over LIBOR is usually between 0.8% and 1.5%.

 Click here for up-to-date indicative rates.

Fixed: In order to protect against fluctuating interest rates, Interest Rate Swaps or Fixed Rate Agreements are offered at margins usually between 0.8% and 1.5% over the cost of funds.

 Click here for up-to-date indicative rates.

Gilt Related: The interest rate is fixed at completion and is payable quarterly or half-yearly in arrears and is calculated by adding a margin of 1.5% - 2.0% to the Redemption Yield of a UK Treasury Bond (Gilt) of a similar duration.

 Click here for indicative up-to-date rates.

Interest rate report
 Click here to view our Interest Rate Report incorporating up to date interest rates and other important data for those engaged in property investment.

Recent Loans
 For examples of recent transactions click here.

Contact
 Click here for details of the Investment Property Finance Team.