Protection

If you need access to cash quickly, a bridging loan can help. It’s a short-term loan of up to 12 months that helps purchase property before selling existing property. It can also help buy an auction property or sell a renovated property quickly.

There are two types of bridging loans. A closed bridge loan has an agreed repayment date, such as when a property sale is finalised. An open bridge loan has a payment plan with no fixed date but with a repayment deadline.

Bridging loans have high interest rates, so get in touch with us for advice.

For landlords with at least four rental properties with buy-to-let mortgages, portfolio lending, also known as portfolio loan mortgages, can merge them all into one single-payment mortgage.

There are a lot of advantages to portfolio lending. Combining all your mortgages into one payment can make your finances more manageable. Your equity can be used to buy more properties, and there’s more flexibility over approval, meaning it can be easier to be accepted by a portfolio lender.

There can be higher interest rates and prepayment fees to consider, so chat with us for expert advice on the right deal.

If you’re a business owner looking to buy business property or land, or you’re considering buying a property to rent out for extra income, you’ll need a commercial mortgage.

Commercial mortgages can help expanding businesses avoid high rents and fees. Commercial property has a higher value than residential property, meaning the mortgage terms and conditions need to be customised. You’ll usually need a 30% deposit, but it may be larger for high-risk businesses, such as restaurants.

To avoid increased risks, make sure you understand all the terms of your commercial mortgage and talk to us for specialist advice.

To buy and develop property, you’ll need a development loan. This is a loan covering the costs of your property purchase and development. Development loans presume the property value will increase after development and take that into account. 

Development finance lets you buy property that would usually be too expensive, meaning a potentially better return on investment (ROI). Sometimes, funds will be available within days, and, as it’s a short-term loan, you won’t need to lock down money for long.

Our experienced team can guide you through the complex paperwork and negotiations needed to secure a development loan.

Semi-commercial finance, also known as a semi-commercial mortgage, is used for properties that are partly residential and partly commercial. They’re usually known as mixed-use properties and include properties with shops on the ground floor and flats above.

If you’re considering investing in a mixed-use property, it may be easier to get semi-commercial finance because lending criteria are often flexible, and many lenders accept deposits starting at about 25%. 

Interest rates might be higher than home mortgages, and some lenders may want you to have previous landlord experience. Talk to our expert team about the right options for you.