Mr Uppal is a property developer and landlord based in the Midlands who buys properties at below market value contingent on a quick sale. The clients ...
Non Status / Investor Bridging Loan
Apply for Mortgage 'Gap' Finance now! If you are looking to quickly raise funds secured on residential property or land then we can help you with an advance of up to 80% of the value of the security being offered. In certain cases where the bridge is closed (i.e. a confirmed re-mortgage offer is in place) then we can advance more.
LOANS FROM £30 K to £2.5 MILLION
A non status loan can be used for any legitimate purpose including investment property purchase, bill payments, business start-up funding or to defer a property re-possession or court order.
PURCHASING AT BELOW MARKET VALUE ?
If you are purchaing property at below market value then a First-Bridging loan will allow you to acquire the property with a loan based on the Open Market Value (OMV). Once acquired you re-mortgage through a conventional long term mortgage lender (which we can also arrange for you) and in many cases you can take cash from the acquisition at this stage of the process. We offer a range of same day, 3 day and 5 day re-mortgage options with certain mortgage lenders.Terms and interest rates offered depend on the amount of funding required against property value and also the loan term but start from just 0.75% per month. If required it is often possible to accrue or 'roll up' interest payments in to the loan for an agreed period. To learn more either call us today or complete the brief 'no obligation' enquiry form as below. A member of our team will be in touch to discuss your requirement and give an immediate in principle decision.