supported living/social housing mortgages

supported living can be mutually beneficial...

supported living and social housing:

if you’re a landlord, looking for a supported living mortgage on a house for vulnerable tenants, with a specialist lease in place then you’ve come to the right place!

Supported living mortgages are designed for landlords to rent out their property using a lease through a registered provider. This could include anything from, a housing association, a charity, care providers or local authorities.

You’re required to sign a lease with a registered provider for a pre-set term. They’ll then arrange for the property to be let to their tenants, who are in need of accommodation. As a lease is in place, all monthly rental payments would be made directly to you at a guaranteed amount.

A benefit of investing in a supported living property, is that the registered provider is responsible for the maintenance of the property so this is something that you won’t have to worry about. This provides a more hands-off approach for investors, so it doesn’t matter too much whether you’re new to the industry or not, this could be the right option for you.

we work to your advantage:

as properties can be rented to tenants who may be classed as vulnerable, in need of care, or young children, the number of lenders accepting these types of leases can sometimes be quite restrictive.

There are many factors that can have an impact on the lenders available, these can include:

  • length of the lease
  • break clause within the lease
  • level of support / care required
  • types of tenants
  • landlord experience
  • the lease / care provider

put your trust in the signature mortgages and protection team:

with our access to a range of lenders, we know who to approach and when!

Luckily, our team are experts when it comes to supported living/social housing mortgages and have a huge amount of knowledge within this market. With our access to a wide range of lenders, we know who to approach and when.

We’re able to place landlords with the right lenders that go above and beyond to pre-check leases to ensure the lender’s legal department is happy with the agreement drawn up. This way, it helps to reduce any risks and can save investors any upfront fees.

get in touch:

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Registered in England and Wales

Signature Mortgages and Protection Limited is an appointed representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Limited. Advance Mortgage Funding Limited is authorised and regulated by the Financial Conduct Authority.

The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK

Registered office address – 8 Ridgehouse Drive, Festival Park, Staffordshire, ST1 5SJ

Registration number – 07041169

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