LOANS
Offering another option to a remortgage, Freedom Finance as the preferred secured loan partner of Mortgage Next, can offer your client access to funds via a secured loan when re-mortgaging may not be the best option.
COMMERICAL
Mortgage Next in conjunction with RBS can offer:
Commercial Mortgages
Property Development – house building/structural or single unit, refurbishment and on-sale
Commercial Property Investment
Bridging Loans
Self Builds
All applications are underwritten on a case by case basis. To discuss any potential enquiries call the New Business Team or to complete a commercial decision in principle .
- LOANS FROM £26,000 TO £2 MILLION
- LTV's BASED ON OMV (OPEN MARKET VALUE)
- RATES STARTING FROM 0.75% PER MONTH
- UP TO 100% PURCHASE FUNDING AVAILABLE (via combination of 1st charge on property being purchased and 2nd charge on additional security - either main home or BTL investment)
- DAILY INTEREST
- MINIMUM TERM 1 DAY, MAX TERM 12 MONTHS
- RESIDENTIAL & COMMERCIAL PROPERTY AND LAND, PLUS DEVELOPMENT FINANCE
- FUNDS CAN BE RELEASED IN 48 HOURS (1st charges)
- NON-STATUS LOANS
- FULL OR PART-INTEREST ROLL-UP AVAILABLE
- LENDING IN MAINLAND UK & NORTHERN IRELAND
- NO EXIT FEE (in most cases)
- CCJ's / ARREARS CONSIDERED on a case by case basis
- MEZANNINE FINANCE ARRANGED
- DEVELOPMENT FINANCE ARRANGED
Our bridging loan providers are:
To register and\or submit an online decision in principle
When is Bridging Finance Suitable –
Bridging Glossary of Terms – |