Innovative short-term funding for Your Property Purchase

BRIDGE FUNDING

AGAINST SOLICITORS UNDERTAKING!!

• Lending against a solicitor's undertaking rather than bricks & mortar
• The solicitor is to give an irrevocable and unconditional undertaking to repay said money by said date
• Funds available within 1 week of application
• Facilities from £27,500 up to £1m
• Loan period of up to 12mths

Given the nature of the security (or lack thereof), pricing is deal specific.
CLICK HERE for details and a copy of our latest funding brochure

Buy to Let & Quirky Residential Lending Policies

BUY-TO-LET LENDING HIGHLIGHT 

75% interest only buy to let, sub 4%
Will lend against multi-unit residential assets up to 4 on one title
Rental calculation 125% of payrate.

RESIDENTIAL HOMEOWNER LENDING HIGHLIGHT

80% interest only (no need for repayment vehicle to be in place)
3yr term
Rate sub 4.5%.

CONTRACTORS

Lend against contract value (annualise weekly rate assuming 46 week year) with a multiple of 4.5 subject to maximum of 85% loan to value
If contract due to shortly expire i.e. 3mths, the lender will require confirmation a new contract will be in place
Minimum 2yr contract history (if not, will lend 70% LTV provided same sector)
FTB/Mover/Remortgage
Available to contractors in the following fields: IT/Oil & Gas/Accountants/Solicitors/Actuaries/Bankers/Compliance Professionals.

SHAREHOLDING DIRECTORS

Lender will use net profit for the company plus dividend income ie will not simply look at drawn income plus dividend, which is great for those with retained profits and supports a higher level of lending.

CLICK HERE for more details and our Funding Brochure