Tuesday, Jan 06, 2009
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Lending to Trusts or Trustees on behalf of Trusts


We offer access to specialised borrowing facilities, covering a number of different lending requirements, for all types of trusts. Availability is based upon documentation and structure, including permissions.

Examples:

1. A husband and wife with a family Trust, buying an investment property with their children as beneficiaries. They borrow on behalf of the Trust, as the two Trustees, therefore benefiting from the best available buy-to-let product. Their solicitors confirm all details of the Trust as a 'wrapper' with the property deeds.

2. A client uses a large Channel Islands trustee company to administer one of their trusts, which holds their own residential property in the UK, for tax purposes. Borrowings have to be structured directly in the name of the Trust. A specialist division of an International Bank provides the funding.

PLEASE NOTE THAT MMG CANNOT GIVE ADVICE TO, OR IN RESPECT OF TRUSTS


Testimonials

“Actually, you answered the question I should have asked! Thanks for all the options, it’s nice to know someone knows what they are talking about.”

Mr U D, London

 



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Please Note - some of these products and services may or may not be regulated by the Financial Services Authority (FSA).