Precise Mortgages – bridge-to-let – Bridging Finance for Buy to Let

Short Term Commercial Property Funding
No credit check Bridging Finance
Residential Property
7 day Bridging Finance

Short Term Commercial Property Funding
No credit check Bridging Finance
Residential Property
7 day Bridging Finance

Regulated and Unregulated Bridging Finance

Bridging finance companies like Amicus, Bridging link, Funding 365 and Kuflink like to see an exit from bridge proof; however, MT Finance, Oblix, Precise and Shawbrook Bank are more cautious.

Bridgebank-Capital bridging loans

Bridging Finance Loan to Value Percentages

It is common to find people seeking out lenders typical loan to value of 50%, 55% or even as much as 90% however its hard to get 95%.

Discount Rate Bridging Lenders

  • Affirmative
  • Bridgebank
  • Greenfield Capital
  • Interbay

Types of UK Property Bridging Loans

  • Closed Bridging
  • Unregulated Bridge Finance
  • Residential Property Bridging Loans
  • Bridging to Stop Repossession

lowry-capital bridging

goldcrest-bridging-loan

Getting help when you want a quick remortgage

It’s common to find individuals searching for remortgage advisor bad credit, specialist remortgage brokers or first-time remortgage loans bad credit, however, home loan lenders like Masthaven are keen to see proof of affordability in the form of DWP letter, wage slips or accountants certificate.

Evidence of income:

Secured loan lenders such as Equifinance, 1st Stop Home Loans or Vida often accept proof of affordability with

  1. accounts
  2. pay stubs

kuflink finance
Lendinvest
ortus bridging

Examples of subprime credit

Lenders such as Equifinance, Equi finance or Optimum Credit can often extend credit to people with

  1. ccj’s
  2. loan arrears
  3. poor payment history
  4. Defaults

TSB bank bridging finance
octopus-property-bridging finance

Opportunity for homeowner loans

It’s common to find a lower overall cost to get a secured loan than a refinance.

Finding lousy credit online mortgage companies:

  • The Mortgage Lender
  • Magellan Home Loans
  • Precise Mortgages
  • Cambridge Building Society
  • Foundation Home Loans
  • Progressive Building Society
  • Platform BTL

Time to payback remortgage with Masthaven

  • 35 years
  • 11 years

Charges

  • product fee
  • valuation fee
  • application fees

Seeking guidance when you need a secured loan

  • independent advisor
  • UK independent financial advisor

It’s very regular to discover individuals searching for bad credit mortgage rates, mortgages with bad credit or mortgage lenders bad credit, however, loan companies like Loughborough Building Society are keen to see paperwork to show monthly income in the form of wage slips, pension statements or pay stubs.

Loan to value percentages (LTV)

It is often found to find individuals looking for percentages for a loan to value of 50%, 55% or even as much as 90% however its hard to get 95%.

Seeking guidance when it’s necessary for re-mortgage

It is often found to discover individuals seeking out bad credit remortgages UK, adverse credit remortgage lenders UK or can I still get a remortgage with bad credit however loan companies like Cambridge Building Society are keen to see evidence of affordability in the form of accounts, bank statements or pay stubs.

Fees for home owner loans

  1. application fees
  2. early repayment fee

Lenders terms and rates for BTL Buy to let including for high-risk credit

  • Flexible mortgages Yorkshire Building Society
  • Buy to let mortgages Teachers Building Society

The lender will want to know if the property is a Freehold house or a Leasehold flat and if the occupier is a Private Tenant.

Areas of Good UK House Value Growth 2019

  • Doncaster
  • Birmingham
  • Newcastle

Hot Locations for UK People to Buy Overseas Property

  • Vienna Austria
  • Dusseldorf Germany
  • Munich Germany

ortus-loans bridging

bridgebank-bridging Finance

Banks used by Licensed Companies

Regulated businesses including Ryanair, Virgin Atlantic, BlueAir and Air Europa, use Natwest, Lloyds Banking Group, Cater Allen and Bank of Ireland.

Equity Release for UK homeowners

It is often found to find people searching for home reversion schemes, monthly payment equity release or lumpsum lifetime mortgages however Lifetime Mortgage from L&G like Legal & General are keen to see proof of your circumstances in the form of investment statements.

Equity Release LTV Percentages

The more aged you are and the sicker you are, the more money you can release

Providers for UK Equity Release

  • Lifetime Mortgage from L&G
  • More to Life
  • More2Life
  • AA equity release

https://precisemortgages.co.uk/BuyToLet/RefurbishmentBTL

Get in touch

0800 116 4385
Monday – Friday, 9am-6pm

Precise Mortgages is a trading name of Charter Court Financial Services Limited which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register Firm Reference Number 494549). Registered in England and Wales with company number 06749498. Registered office: 2 Charter Court, Broadlands, Wolverhampton WV10 6TD. Copyright © Precise Mortgages 2019.

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