Timely Equity Release

Accrue has provided equity release funding secured on a first charge basis against a large agricultural estate.

The landowner required an equity release in a very short period of time to assist with ongoing working capital commitments elsewhere on the estate. Accrue provided a competitive 12-month loan facility secured by way of a first charge against the farmland and associated buildings. It was imperative for the borrower that funds were made available in a very short period and to this end Accrue undertook all due diligence and made the loan available to the borrower in a timely manner whilst at the same time minimising costs associated with the loan.