We will look at any loan scenario to meet your needs. Our prime requirement is a property asset as security and a sensible business plan/exit strategy to show how the loan will be repaid. The exit plan can be as simple as a proposed sale of a property or re-finance to another lender. However, we do not lend to owner occupiers on their dwellings.

Typical loan scenarios include:

Refurbishment

We will lend on virtually any property type in any condition. Providing finance for non mortgagable and unmodernised properties is our speciality. We can provide fast short term finance while the property is refurbished allowing you to refinance or sell on.

Auction Finance

We can provide you with the peace of mind of a decision in principle before the auction, something our regular clients call pre-auction comfort.
Alternatively, we can provide a formal facility letter (mortgage offer) that is a binding commitment. Please note, this is subject to an arrangement fee.

Multi-property loans

If you have several properties, we can provide a loan secured against more than one at the same time and give you the flexibility to purchase a new property. We bespoke our loans to fit with your requirements. We may be able to lend you sufficient capital over your existing investments to cover 100% of the purchase price of a new project with no additional cash input.

Classic Bridge

Buying a new buy to let property or refurbishment opportunity and need funding – fast? We can provide a quick no fuss bridging loan for 1 – 12 months with no monthly interest payments and no up front fees.

Recent Applications

Building plot purchase

A small developer had completed the build of a new house and was seeking development finance to buy another plot to move his workforce onto before selling. We offered a 12 month development loan to enable him to do this. We also offered a further advance on completion of the works to help cover his costs during the sales period.

Planning gain/trading opportunity

Having agreed to purchase his local closed down pub, a customer planned to obtain consent to convert into six flats and then sell on with the benefit of the planning. We offered a non status loan based on the existing value of the pub enabling him to do this and sell for a profit.

Buy to let investment

A client wished to purchase a house at auction arranged as four flats for long term investment. Two of the flats were let and the other two needed refurbishment. We offered a loan to fund the purchase and allow her to refurbish the property. She could then refinance long-term with a traditional buy-to-let lender.

If you are looking to apply for development funding, auction finance a bridging loan or business finance, feel free to contact us for an informal discussion about your loan requirements.