A unique solution for landlords buying at auction or with properties that are in need of renovation
Fazil Kazmy CeMAP. CII ER1
Securing Funding for Real Estate| Residential Mortgages| Commercial Investments| Buy to Lets| Business Finance| Short-Term Loans| Halal Mortgages |Refurbishment| BMV| Bridging| Building Insurance | International Finance
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