Mortgages or funding for developments and commercial reasons is very much available on the market, however finding it can be a challenge.
Relationships with big lenders as well as many people have never heard of from across the market help us secure finance where other cannot.
We deals with the main types.
1. Bridging Finance; a short term loan loan providing fast funding when needed. Bridging loans can be used to raise funds for may reasons, common example buying that last minute property at auction. Generally last no longer then 12 months and we’ll have a strategy in place to ensure you can repay the loan.
2. Commercial Mortgage – very similar to a regular residential mortgage, however it can be taken out in the name of a business or property investor based on both the borrow being able to maintain the commitment and the business of their tenants. The property will be entirely used for a commercial business or be a mixture of both commercial and residential.
3. Development finance – short term much like bridging finance, but specifically for the purpose of building new properties or making considerable changes to an existing property.
Like Bridging Finance, development finance is a short term loan, but in this instance for the specific purpose of building new properties or making substantial changes to an existing property.