Lets Finance specializes in assisting new BTL investors and property developers to source the funds they require for building their portfolios
Lenders can be difficult to deal with when you have little or no experience in the market. Lets Finance match new developers with the best lenders for their circumstances throughout their property journey.
Bridging loans are short-term financial tools designed to help property investors purchase property at auction or to utilize as a way to access more funds for refurbishment projects on BTL portfolios
Development Finance: Funding your property project from the ground up
Development finance is a specialized loan designed to support property developers to purchase land and build properties from the ground up. Also for heavy refurbishment projects
Offers flexibility with no fixed end date, ideal for projects with uncertain timelines. Most Bridging lenders deduct the interest from the advance This loan will have more underwriting and higher interest rates.
Has a set repayment date, suitable for projects with a clear exit strategy
This loan has a better chance of being accepted than an open bridge and lower interest rates.
Bridging finance can be used as a temporary loan for property developers to exit their development loan and sell or mortgage their property
A Limited buy-to-let bridging loan is for property investors who want to purchase a variety of residential real estate.
Typically used to buy undervalued property to refurbish revalue and rent.
Business bridging finance can provide funding for companies seeking to expand, invest in property and more.
The lender has first charge on land and will offer build costs to an agreed value based on end-of-project value
Stretched Senior debt provides a higher lending level with higher rates
Like a second charge loan, this lending sits behind senior debt lending to maximize the total borrowing.
Higher lending rates apply
For projects that are not from the ground up
Typically derelict property.
Similar criteria to Senior Debt
Suite 2/3,48 West George Street, Kilmarnock, KA1 1DG, United Kingdom
Mon | 09:00 – 17:00 | |
Tue | 09:00 – 17:00 | |
Wed | 09:00 – 17:00 | |
Thu | 09:00 – 17:00 | |
Fri | 09:00 – 17:00 | |
Sat | Closed | |
Sun | Closed |
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