Do you have any questions?

How can I request a liquidity solution from Vern?

If you have a property in your name, you can unlock your real estate assets through innovative, fair and transparent solutions. We offer solutions for individuals and businesses with liquidity problems, so they can turn their property into cash or simply live better every month.

What do I need to access your solutions?

We offer solutions backed by a property, which means you must own a flat, house or commercial premises in your name to request one of our solutions. To start the process, we require the property’s IBI (property tax) receipt and an identity document.

How much money can I receive from my property with your solutions?

At Vern Properties you can request from €15,000 to €1,000,000, provided the amount does not exceed 50% of the property’s appraised value.

How long does it take to sign?

Our priority is to respond quickly to our clients’ needs, so you’ll get an answer from our specialist managers within 24 hours of submitting your request. We carry out a free, personalised study of each situation to offer you the product that best suits your requirements.

Once the process is approved and you accept the proposal, the documentation is signed before a notary within 4 or 5 days and we transfer the money to your bank the same day.

Can I request a liquidity solution if I’m on ASNEF or RAI?

Yes, we don’t take into account whether you’re on the ASNEF or RAI lists. Since the transaction involves purchasing a property, we can always settle these debts with the proceeds of the sale or retain them to pay them on your behalf.

Is it possible to use a mortgaged property to apply for a loan?

Yes, at Vern Properties we also accept properties with a small outstanding mortgage as collateral. The mortgage cannot exceed 50% of the property’s value and the property must be free of other charges.

Can I request the study using a relative’s home?

Yes, as long as your relative agrees, you can use their property for the transaction. Bear in mind that we’ll ask for both of your identity documents and the property’s IBI receipt, and you’ll both need to sign the documentation.

How much can I get?

There is no fixed amount; the amount you receive will vary depending on the appraised value of the home and the age of the owners.

What happens if one of the spouses dies?

If one of the two co-owner spouses dies, the other will enjoy the usufruct of the home until their death or until they wish to leave the house.

What happens if I leave the home early?

If you leave the property, you’ll be paid all the money remaining in the rent fund. The owners are completely free to leave the home whenever they wish, without penalties.

What happens if I outlive the estimated life expectancy?

If you outlive the estimated life expectancy, no rent will be payable for continuing to live in the property, and you won’t have to leave it until you freely choose to or until the owners pass away.

What is a sale with guaranteed rental?

A sale with guaranteed rental (real estate sale & rent back) consists of selling the home (so the seller receives the sale price as capital) and, at the same time, signing a lease agreement under which they undertake to pay rent while they use the home.

How much can I get with a sale with guaranteed rental?

The amount you can obtain with a sale with guaranteed rental (sale & leaseback) will depend on the valuation and location of the home.

What happens if I want to leave the home at some point?

The client decides how long they want to rent the home, and may leave earlier by notifying the company and by mutual agreement.

How long do I have to rent the home for?

There is no minimum stay; the client can choose how long they’ll stay as a tenant when signing the property sale.

Do you offer liquidity solutions for businesses or the self-employed?

Yes, our liquidity solutions are also perfect for all kinds of businesses, SMEs or self-employed professionals who have, or can provide, a property (flat, house, commercial premises or industrial unit).

What are the requirements?

The only age requirement is to be over 18. The common requirement is to own a property with at least 50% of the mortgage paid off in order to carry out the transaction.

What are liquidity solutions for businesses for?

Our liquidity solutions can solve many urgent problems or liquidity needs. They’re also ideal for renovating offices or premises, investing in new tools or processes and paying off debts with suppliers.

What is an iBuyer?

Instant Buyers, commonly known by the acronym iBuyer, are companies that use large amounts of data, mathematical algorithms and technology tools to predict the value of your home, make you an offer and buy it directly, with no intermediaries. This disruptive model marks a before and after compared with the traditional buying and selling process: simpler, faster and often more convenient.

Can I use a property I’m going to inherit as collateral?

Yes, you can use this property as collateral and get the liquidity you need. Bear in mind that if there are several heirs, they must all agree to apply for an inheritance acceptance loan with this property.

How long do I have to repay this loan?

At Vern Properties we offer terms from 1 to 20 years so you can pay at your own pace and without complicating your finances.

What is a purchase option?

A purchase option is a contract whereby one party, called the grantor (you), grants another party, called the optionee (us), the exclusive right to decide whether to acquire a property within a set period and under the conditions established in the contract.

The purchase option means we’ll pay you an amount in exchange for the right to purchase the property during a specific period. This period is set out in the contract and is usually 12 months.

Does the purchase option oblige me to sell?

No. The purchase option contract gives the optionee (the party holding the option) the right, but not the obligation, to buy the property.

Who pays the IBI and community fees while there is a purchase option?

You remain the owner of your property; all the property’s expenses are borne by you.

Can I withdraw from the purchase option?

Yes. The ability to withdraw from a purchase option is set out in the terms and conditions of the option contract. An option contract allows the optionee (the party holding the option) to withdraw from the transaction before exercising the purchase option.