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.