Karis secures £22m social housing finance for leading provider

Karis Capital has successfully secured significant social housing finance, acquiring a £22 million facility for one of the UK’s largest and most established social housing providers. The bespoke funding package supports the continued growth, stability and long-term operation of a diversified specialist housing portfolio across the North of England.

This transaction further strengthens Karis Capital’s growing presence within the social and specialist housing sector, where tailored structuring, lender alignment and speed of execution are critical.

The facility was delivered by our specialist finance team, with Fodi Christodoulou and Christian Artimadis advising on the acquisition structure. The transaction was completed through the purchase of discounted shares in a UK limited company, with the portfolio already under the management of a highly regarded social housing operator.

We sourced a lender willing to invest in a specialist leaseback structure, agreeing on a 7-year term at 75% loan-to-value, including a rental guarantee. This tailored approach ensured the lender’s requirements were aligned with the operational realities of the social housing sector.

Addressing legacy liabilities through specialist finance

In addition to funding the portfolio, the facility was structured to resolve historic contractor claims and outstanding financial liabilities. These legacy issues needed to be settled to safeguard the long-term stability of the assets and future-proof the portfolio.

By carefully managing lender engagement, valuation and legal processes, we ensured these complexities were addressed without delaying completion.

Delivering complex portfolio finance under tight timeframes

We were introduced to the transaction in October 2025 and completed the £22 million facility in under 12 weeks, achieving completion ahead of Christmas. Despite an exceptionally tight timeframe and multiple stakeholders, the deal was executed efficiently, allowing the client to enter 2026 with certainty and momentum.

Insights from the team

Fodi Christodoulou commented:

“We’re delighted to have supported such an eminent provider within the social housing sector. While the asset itself was stable, the transaction required careful navigation due to legacy liabilities across multiple stakeholders. Completing this deal in record time was only possible through our extensive lender relationships and hands-on approach.”

Christian Artimadis added:

“Our client initially struggled to find a lender willing to support this facility due to the operational challenges and policy considerations that often surround social housing assets. Our strong network across the financial industry enabled us to quickly identify a lender aligned with both the asset and the client’s long-term objectives.”

Karis Capital is a specialist debt and insurance advisory firm with extensive experience delivering social housing finance across the UK. We work closely with housing providers, investors and social housing operators to secure bespoke funding solutions.

With deep relationships across lenders, valuers, lawyers and managing agents, Karis Capital ensures transactions are delivered smoothly, even where complexity or time pressure exist.

To discuss social housing finance, specialist finance or portfolio funding solutions, contact Karis Capital’s real estate finance team here.