Singapore

Handing UK property to the next generation

Property passes between generations easily on paper. Making sure it still works afterwards takes more care.

Planning the handover so the portfolio keeps performing

Singapore overview

Many Singapore families hold UK property built up by a founding generation that now wants to step back. We’re a family-run firm ourselves, and we help families plan that handover so the portfolio keeps performing while responsibility moves on.

How do we prepare the next generation to own UK property?

We work with the incoming generation alongside their parents, explaining how each asset earns its income, how leases and finance work and why each decision was made. Control passes at a pace that suits the family, with our team in place throughout.

Why manage family property under one roof?

Property wealth tends to hold together when one team manages it, rather than when it’s divided among family members who may not have the expertise to run it. A single strategy and a single set of accounts make the portfolio easier to understand, easier to finance and easier to pass on.

Does UK inheritance tax affect Singapore families?

It can. UK property can fall within UK inheritance tax wherever the owner lives, so the holding structure matters well before any handover. Every family is different, so we set up the structure alongside the family’s own tax and legal advisers, or introduce a specialist tax team.

Track record

What we’ve done for families

A north London family came to us with a £60m residential portfolio of around 600 tenants, run on paper files and struggling with swap deals that left them unable to service their debt comfortably. We refinanced with an alternative lender, put management systems in place, cleared arrears and improved rents. We also argued that the swaps had been mis-sold, cutting the swap liability by 75% and securing several million pounds in compensation.

For a private family who inherited a large Lancashire estate producing little income, we separated the assets into classes to identify income, capital and diversification options, and advised on planning and potential land sales. That instruction is ongoing, balancing heritage with protecting the family’s wealth.

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Putting family portfolios on a firm footing

Our track record

Two family instructions where we brought structure, systems and a clear plan to inherited property.

Related services

Speak to our team

What the next generation inherits should be a working portfolio, not a problem to solve.

Talk to one of our Directors about planning for the next generation at max@maritimecapital.co.uk or +44 (0)20 3576 5097.