A unique solution for landlords buying at auction or with properties that are in need of renovation

A unique solution for landlords buying at auction or with properties that are in need of renovation

We have a specialist Lender who provides a flexible approach to short-term lending, offering straightforward bridging finance including a guaranteed exit route

The scheme is ideal for buy-to-let auction purchases, properties not suitable for mortgage purposes or those in need of refurbishment or renovation.

The scheme includes a free valuation and if required offers an exit route from the initial bridging loan, ensuring costs and hassle are greatly reduced. Applicants can choose to switch onto any  buy-to-let rate once the bridging loan period has ended.

 

Product highlights

  • Rates starting from 0.64% per month
  • Available with no exit fee or early repayment charges
  • Access to underwriters - each application is assessed on a case by case basis
  • Free legal fees and reduced valuation on all Remortgages up to £1 million (onto Aldermore buy-to-let product)
  • Minimum 1-month ownership prior to remortgaging
  • Ability to capital raise above the original loan amount (based on the enhanced property valuation) on term exit

 

If required, an exit route is available from the initial bridging loan

For further information, please contact Fazil Kazmy on 0208 907 6012 / 07950 175666

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