LHV Bank completes £22m portfolio acquisitions involving 253 properties

19 May 2026

LHV Bank has announced the successful completion of two specialist buy-to-let transactions totalling circa £22 million.

The transactions supported the acquisition of two SPV companies holding a combined portfolio of 253 residential properties, comprising a mix of single-let freehold houses and Houses in Multiple Occupation (HMOs). All properties were leased to a recognised social housing operator on long-term agreements.

Alongside detailed due diligence across all 253 properties, the case also required additional legal and corporate scrutiny, including negotiation and agreement of the Share Purchase Agreements (SPAs).

LHV Bank provided two specialist interest-only buy-to-let facilities on five-year terms to support the acquisition.

Both transactions completed ahead of the borrower’s year-end deadline, following close collaboration between LHV Bank’s lending, legal and operational teams, alongside Christian Artimadis and Fodi Christodoulou at Karis Capital UK, the specialist real estate debt advisory firm supporting the transaction, as well as valuers Allsop and solicitors SC&W.

LHV Bank, a fully licensed UK bank, specialises in providing banking services for global fintechs, SME lending solutions for UK businesses, and personal savings through partnerships with deposit aggregators. Over 200 fintech companies utilise LHV Bank to serve more than 10 million end customers and access a pool of 500 million potential customers across the UK and Europe.

George Chipperfield, Lending Director at LHV Bank, commented:

“Transactions of this scale are rarely straightforward, particularly where you are combining large portfolio underwriting with corporate acquisitions and fixed completion deadlines. What made this case work was the willingness of everybody involved to remain commercially focused throughout the process.

“There was a significant amount of due diligence required across both the properties and the SPV structures, but the underlying quality of the portfolio and the long-term tenancy arrangements gave us confidence in the overall proposition. Cases like this also highlight the importance of having lending, legal and operational teams working closely together from the outset, because timing and coordination become just as important as the funding itself when you are dealing with 253 properties across concurrent transactions.”

Christian Artemiadis, Director at Karis Capital UK, added:

“This was a highly involved transaction with multiple moving parts, tight timelines and a significant level of coordination required across all parties. What stood out with LHV Bank was the consistency of communication and their willingness to remain solutions-focused throughout the process. George Chipperfield, Emma Wright and the wider team at LHV understood the commercial objectives from the outset and worked collaboratively to help both transactions complete before the year-end deadline.”

To find out more about LHV Bank, please visit the website.