Whether you’re looking for Bridging finance, Commercial mortgages, Development finance or large loans, we work alongside some of the market leaders to make sure you’re in good hands.
What are Bridging loans?
There are many reasons to use a bridging loan. They can be used for refurbishing, converting a property or you want to break the chain as you may have found a property but you haven’t managed to sell your property.
These are short term loans with a loan secured against your current property and transferred to the one you intend to purchase. Once sold or refurbished or the new property has now finished its conversion, then the bridge can be redeemed.
Bridging loans are arranged by Introduction only.
What is a Commercial mortgage?
A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.
The main factors that lenders are going to look at are the yield and value of the asset. The lender will normally insist on signed personal guarantee on any loans. This gives the lender permission to go after the borrowers personal assets if the business failed to pay the loan back.
We work alongside a dedicated team who solely focus on commercial mortgages to make sure you are with the right lenders.
Commercial Mortgages are not usually regulated by the Financial Conduct Authority. Commercial Mortgages are arranged by Introduction only.
What is Development finance?
Development finance is a loan for building a property on a piece of land. It can used to finance both the land purchase, and also the building costs. Whether you want to build your own home, build a domestic property for investment or build a commercial property for investment, we are here to help.
Building a property the way you want to build it!