Short term property finance up to 18 months, to give you the time you need to manage your property for the best financial returns.
Our clients utilise our funding for a wide range of services, including small development schemes; to raise working capital for their business; to purchase property at Auction; for property renovation and refurbishment; to provide time to acquire longer term Bank funding; to provide emergency funding; to allow sitting tenants to purchase the freehold of their property from their landlord – the list goes on and on.
We can provide funding on a first or second charge basis, but will always look to ensure that there is an adequate margin of equity within a property to comfortably cover our loan, as well as any other lenders using the property as security.
Our loans are based on value, not purchase price – we can on occasions provide near 100% funding of the purchase price if the property is being purchased at a significant discount to market value.
Please note that we cannot provide loans on a first charge basis that are secured by a property in which the applicant or their family resides, nor can loans be provided where the funding is for other than business use.