PMM Advisers LLP is a specialist real estate asset management company that originates and manages real estate investment on behalf of institutional investors and private clients. It is the investment advisor to Phoenix Shared Equity Limited, an investment fund set up to acquire shared equity mortgages. With more than 11,000 loans under management with an initial face value in excess of £280m, it is the largest shared equity mortgage investment manager in the UK. Since 2012 PMMA has acquired more than 20 home builder loan portfolios, including the portfolios of a number of national housebuilders.
PMMA is authorised by the Financial Conduct Authority (Reg no. 471342), has been granted a Consumer Credit License (no. 651599) by the OFT / FCA, and is also DPA and AML registered.
Funds managed by PMM Advisers become the largest third party owners of shared equity mortgages in the UK
PMM Advisers LLP (“PMMA”), a specialist real estate asset manager, announces that funds managed by it have acquired a portfolio of shared equity loans from Barratt Developments PLC for a consideration of £82.9m.