Short term finance has grown in popularity and can be used for varying purposes. Including...
With the rise of buy-to-let mortgages, small business, the self-employed, who don’t necessarily tick all boxes the high street ask of them, there was a need for more flexibility from lenders. Short term finance particularly has grown in popularity and can be used for varying purposes.
Take the example below:
A 68% Second Charge Bridging loan was locked in for James.
He was looking to expand his property portfolio and needed to raise funds on his home.
Our solution:
Our team helped by funding a £800k Bridging loan. The loan was secured by way of a second charge at a market leading 68% of the open market value, funded in 16 days.
We lend:
- Against the Open Market Value, for first and second charge purposes.
- On all sorts of non-standard property types.
- To various types of people, including limited companies, ex-pats, self-employed, people with blips in their credit and many more.
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Seasons Greetings to our Brokers and Borrowers!
A look back at 2021. Press play to see all we've achieved.
A Client Needed A Cash Injection For Their Catering Business
We recently helped a client who needed a second charge bridging loan secured against their residential property. A 68% LTV second charge bridging loan was the order of the day.
Some of the publications we have featured in.
What people say about Social Money (SoMo).
