Streamlining the security charging process from end-to-end
Capsticks have joined forces with leading housing consultants Red Loft to launch an innovative service to manage and streamline the charging process for Registered Providers from end to end.
Security charging does not have to be painful. But the truth is that it can be challenging, particularly for smaller RPs without in-house Treasury teams. To address this issue, Capsticks and Red Loft have launched a joined-up service to remove the pain of charging and to manage the security charging process from start to finish. The service is the first of its kind in the sector.
How the service works
Red Loft use their years of experience and their contacts to source the documents required for the charging pack, before handing the pack over to us at Capsticks to carry out our legal review. Where we need to raise any queries, Red Loft field those queries, saving you both time and money.
Our extensive experience means that we have encountered the vast majority of issues that may arise, and we know best how to deal with them. Our tried and tested processes, our use of artificial intelligence and our strong relationships with valuers and funders means that we place properties into charge quickly, smoothly and cost effectively.
How we can help
- Save time and cost
Our experienced specialists will run your charging process from start to finish, minimising the time you need to spend, and ensuring that you don’t need to recruit to deliver the project. A typical project will take 2-6 months.
- Maximise your values
Our experts will ensure that you achieve the maximum MV-STT values wherever possible, usually for over 90% of rented units. We will help you achieve the best value for money and increase your borrowing capacity.
- Boost your assets and liabilities registers
We will use the information we gather throughout the charging process to strengthen your assets and liabilities register.
- Enhance your reputation
We will help strengthen your reputation with funders and the regulator as a well- organised association, with a good understanding of your stock.
- Plan effectively
We will work with you to develop the charging strategy that is right for you, based on our extensive experience advising RPs across the country with pre-charging and rolling charge programmes.
