Royal Crest Property-Backed Income Fund

Our lending expertise in fund form: targets steady, quarterly income from a diversified portfolio of loans secured by first charges over UK residential and mixed-use property.

6–7%

Target income p.a., paid quarterly (not guaranteed)

First charge

Security on every loan

75%

Maximum loan-to-value at origination

UK-wide

Diversified by region and borrower

How the fund works

The fund invests in the same loans our property finance team originates every day — bridging, development and exit facilities to experienced UK borrowers — giving investors access to secured lending returns without running a loan book themselves.

Every loan is secured by a first legal charge over the underlying property, underwritten to a maximum 75% loan-to-value, and monitored by the lending team from drawdown to redemption.

Diversification is structural: exposure is spread across borrowers, regions and loan types, with concentration limits enforced at portfolio level. Interest collected funds a quarterly distribution to investors.

Security first

First-charge collateral and disciplined loan-to-value limits protect the downside before yield is considered.

Originated in-house

Loans come from our own lending platform — underwritten, priced and monitored by the team you can meet.

Predictable distributions

Contractual loan interest supports a quarterly income target investors can plan around.

Key risks

Capital is at risk. Borrowers can default, and property held as security can fall in value or take time to sell.
Property-backed loans are illiquid; redemptions from the fund may be deferred in stressed conditions.
Target income is an objective, not a promise — distributions depend on interest actually collected.

Charges

Entry charge: None
Annual management charge: 0.75%
Ongoing charges (OCF): 0.95%
Performance fee: None

Full details are set out in the brochure, terms & conditions and key information documents, available from the team on request.

Frequently asked questions

Where does the income come from?

Interest paid by borrowers on secured property loans originated by our lending team. Interest is collected into the fund and distributed quarterly.

What happens if a borrower defaults?

The fund holds a first legal charge, so it stands first in line to recover from the sale of the security property. Workouts are handled by the in-house lending team.

How liquid is my investment?

Redemptions are processed at regular dealing points from available cash. Because the underlying loans are illiquid, redemptions can be deferred if requests exceed liquidity.

How is this different from a property fund?

The fund owns loans, not buildings. Returns come from contractual interest rather than rental income or property revaluations, with first-charge security beneath every position.