PROPERTY FINANCE

Whether you are looking for a short-term solution or termed product, we can help with your property investment needs. As we are not restricted to any panel of lenders, we can search the whole market to ensure that we find you the best quote.

Commercial Mortgages

Termed Products ideal for purchasing or refinancing residential or commercial property for investment purposes

What is a Commercial Mortgage?

 

A Commercial Mortgage is a termed product used to assist with the purchase or refinance of Commercial, Semi-Commercial or Residential properties. It can be used for either investment or owner-occupier purposes (commercial property only). Common types of security properties include:

 

  • Offices, warehouses and industrial premises

  • Residential properties for investment purposes

  • Farms, equestrian and agricultural premises

  • Pubs, clubs, hotels, restaurants, and other licensed premises

  • Care homes and nurseries

  • All other types of Commercial Property considered

A commercial mortgage the most price competitive way to finance the purchase or refinance of a commercial property. There a variety of deals available with the option to fix your rate which gives you certainty when it comes to payments.

 

Key Criteria

Loan Size: £25,000 - £50 million

Loan Term: 3 years – 30 years

Security: First or Second charge

Borrower: Individual or Company

Property Type: Residential, Semi-Commercial, Commercial and Land

Location: England, Scotland and Wales

Rates: Starting from 2% + LIBOR

Maximum Loan-to-Value: 80%

Interest only and Repayment options available

Credit History: All credit profiles considered

 

Bridging Loans

Short-term finance ideal for purchasing or refinancing residential or commercial property for investment purposes

What is a Bridging Loan?

A bridging loan is a short-term loan which is secured against property or land. Typically, they last for terms up to 24 months. Unlike other forms of finance, you can choose to have the interest rolled, meaning that no monthly payments have to be made during the term of the loan. This makes bridging finance a versatile option for property investors and developers.

 

Why use a Bridging Loan?

Bridging Loans are used for a variety of reasons, including but not limited to:

  • Auction purchase

  • Refurbish a property

  • Purchasing properties that is unsuitable for a standard mortgage

  • Purchasing a property below market value

  • Raise funds for business purposes

  • Save a property from being repossessed

  • Purchase a property whilst the sale of another property goes through

 

The advantages of using Bridging Loans

 

Speed: Whilst traditional finance methods usually take longer to complete due to strict underwriting processes, Bridging Finance is designed to be a short-term option and usually takes around 2-3 weeks to complete. We are able to complete quicker for urgent cases.

 

Flexibility: Bridging Loan lenders are able to fill the gaps where traditional lenders are unable to assist. This means that no matter the complexity of the project or your own credit profile, there is a funding option available to you.

 

Option to lend against the market value of the property: Typically, most lenders will lend against the lower of the purchase price and market value. With Bridging Loans, we have lenders available that can lend against the market value, regardless of the purchase price. This means that if you are able to negotiate a low price with the seller, you can reduce the amount of funds you need to put into the deal with a Bridging Loan.

 

Key Criteria

 

Loan Size: £50,000 - £50 million

Loan Term: 1 month – 24 months

Security: First or Second charge

Borrower: Individual or Company

Property Type: Residential, Semi-Commercial, Commercial and Land

Location: England, Scotland and Wales

Rates: Starting from 0.4% per month

Maximum Loan-to-Value: 85%

Credit History: All credit profiles considered

 

Development Finance

Short-term finance ideal for funding construction works for either converting an existing property or developing a plot of land

What is Development Finance?

 

Development finance is a short-term funding option for property developers used for either conversions on existing properties or for new-build development projects. This type of finance assists developers with the purchase of a site (or refinance if already owned) and can potentially help with 100% of the build costs of the project.

 

Why would you use Development Finance?

 

Development finance allows you to raise the funds required to help with build costs of the project. This is released in tranches once certain levels of works have been completed. These stages are agreed with the lender during the application and underwriting process. Having planning permission in place is preferred, although we have lenders that can help with funding requirements before planning permission has been granted.

 

Key Criteria

 

Loan Size: £50,000 - £50 million

Loan Term: 1 month – 24 months

Security: First or Second charge

Borrower: Individual or Company

Property Type: Residential, Semi-Commercial, Commercial and Land

Location: England, Scotland and Wales

Rates: Starting from 4.5% per annum

Loan-to-Value: Maximum 75% Loan-to-Gross Development Value/100% Loan-to Cost

Joint Venture options available with profit share

Credit History: All credit profiles considered

 

 CONTACT US

For any Enquiries, please call or email us:

020 3488 3760   |   info@asset-lend.co.uk

our address

33 Queen Street

London

EC4R 1AP

Alternatively 

you can fill in the following contact form:

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