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Non standard property
mortgages
Sometimes your credit may be fine, but unfortunately it is the
property type that is giving you problems getting an offer of
funding.
Typical problem properties are
high rise flats, non traditional build properties, substandard
condition properties, properties for refurbishment, or maybe
just a building on a piece of land. We are able to arrange a
mortgage for any property, (almost).
If you are considering a
mortgage to refurbish a property, then we can also help you with
this. Property development mortgages can even be arranged to
allow funds to be released before the next stage of work is
carried out.
Considerations given to
suitability to property development funding are such things as
property location, current value, property type, value when work
is complete plus ability to repay. Payments are normally made on
an interest only basis while the work is being carried out, with
the option to move to a repayment or other repayment method at
the completion of works.
We have helped many new to
development property finance obtain the funding they need to get
them on the road to development of the property of their
dreams.
Be it commercial or residential
property you are looking to develop, either to live in or to
sell on as a business proposition, we are sure that we can help
you to realise funding.
For more information either
complete our online enquiry, or telephone us on the telephone
numbers below.
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