The Special Purpose Vehicle (SPV) that purchases the property raises the debt (or mortgage) that is secured against the property. Property Partner investors are not personally liable for any debt repayment. Any amounts due to the provider of debt, including interest and principal repayments, are the responsibility of the SPV, which will ultimately make payment.
The debt provider typically charges a one-off debt arrangement fee. This is usually around 1% of total debt, but may vary. The arrangement fee is added to the purchase costs and amortised over a 5-year period.