Commercial mortgages and bridging finance
Your home may be repossessed if you do not keep up repayments on your mortgage.
The Financial Conduct Authority do not regulate bridging loans.
If you are contemplating purchasing business premises for your own use or to let out as an investment, we can arrange suitable finance and advise on the best way to structure your borrowings.
They can find you the most appropriate scheme and process the application for you, advising you of all the terms and conditions which you need to observe.
They can also help you with re-mortgages to improve the premises or to raise additional finance for your business.
Bridging finance can be used for:
- Find the finance to move home whilst waiting for existing property to sell
- Purchasing a property to develop and sell.
- Financing a self-build project
- Purchasing a property for refurbishment.
- Purchasing a property at auction
- Solve business short term funding problems
- Inheritance tax & Probate problems
- Preventing repossession
- Buying property below market value.
Bridging loans are intended as a short term finance option. Their monthly rate of interest is higher when compared to other methods of finance, (although rates have reduced in the last few years), so bridging finance should not be used as a long term option. It is essential to have an exit strategy because at the end of the agreed term the bridging loan will need to be repaid.
Looking for a commercial mortgage or bridging loan? Call 01438 359300 for a FREE, no-obligation initial consultation today!
Arrange a FREE initial mortgage consultation
Talk to one of our mortgage advisers today with no obligation. We can help you to find you the most appropriate mortgage rate available – our mortgage advisers can find a mortgage rate that suits you from the whole of the market.
We will find the most suitable mortgage and insurances tailor made just for you.
Mortgagehunters Limited T/A Mortgage Hunters Financial Services is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/s/) under reference 776832.
There will be a fee for mortgage advice, the precise amount will depend upon your circumstances. Your Consultant will confirm the amount before you choose to proceed but we estimate it to be £899 or up to 2% of the mortgage amount.
Not all services we offer are regulated by the FCA
Commission disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation.
Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender.
Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.
For sales of non-investment insurance products such as life and critical illness insurance, we are remunerated by commission from the insurance provider. Commission will normally be based on a percentage of your premium for a set period of time.