Property Finance Solutions

Bridging finance is a fast and flexible solution that can be utilized in a diverse range of situations, including buying a property at auction, addressing broken chains, and accessing regulated bridging finance for moving home. Additionally, it can support refurbishing a property, providing a temporary cashflow bridge, or facilitating land bridging for pre-planning purchases. This type of finance is particularly beneficial for property development projects and can complement commercial mortgages in various scenarios.

A commercial mortgage, including options like bridging finance, is focused solely on the physical premises being funded. A bricks and mortar valuation is required to assess the open market value of the property itself. Lenders categorize commercial mortgages into those used by the borrower, like the owner-occupier commercial mortgage, and those that will be tenanted out, such as the commercial investment mortgage, which can play a significant role in property development.

Structured finance is available for property development, covering up to 90% of the overall project costs, including site and development expenses. This option allows clients with restricted funds to borrow a higher percentage of the project cost. Generally, the higher the client’s contribution and experience, the lower the cost of funds can be achieved through commercial mortgages. Moreover, the ability to roll-up interest costs over the loan term alleviates the client from the burden of finding finance costs until they can sell or refinance the property. Access to bridging finance is also enhanced as we provide connections to a broader range of lending institutions beyond just their own bank and a couple of others. This expanded access enables companies specializing in property development to build more properties simultaneously, leveraging borrowed funds effectively rather than relying solely on personal funds.