Residential Property Solutions Ltd is a specialist property fund which acquires and manages tenanted and vacant properties throughout England, Wales and Scotland.
Property transactions with homeowners are based on an ethical sale and rent back agreement and property portfolios purchased from businesses (e.g. landlords and lenders) are based on an innovative Property Disposal Scheme developed by Residential Property Solutions Ltd.
Funding for Residential Property Solutions Ltd is provided by Elliott, a US hedge fund which has approximately $25 billion of assets under management.
The company was established in 2008 by three mortgage and property experts: Trevor Pothecary, Peter Beaumont and David Newman and commenced trading in May 2009.
Residential Property Solutions Ltd is based in the City of London and is authorised and regulated by the Financial Services Authority.
Residential Property Solutions Ltd belongs to the following organisations and abides by their principles and codes of practice:
- National Landlords Association
- Association of Residential Letting Agents
- Association of Mortgage Intermediaries
- Associate Member of the Council of Mortgage Lenders