Specialist Lending
Development Finance
Development finance refers to a specialised form of funding designed to support property development projects. This type of financing is commonly used by property developers and investors to fund the acquisition, construction, or renovation of real estate.
Development finance is tailored to the specific needs and timelines of a project, considering factors such as construction phases, cash flow requirements, and potential risks associated with the development process.
Bridging Loan
A bridging loan is a short-term financing option designed to bridge a temporary gap in liquidity, typically between the purchase of one property and the sale of another. These loans are often used in real estate transactions but can also be utilised for other purposes where quick access to capital is needed.
Commercial Finance
Commercial finance is a set of financial services designed to help businesses with money-related needs. It includes things like loans for business purposes, help with buying necessary equipment or property, and solutions for managing everyday expenses. Commercial finance is like a toolbox that businesses can use to get the funds they need to grow, operate smoothly, and achieve their goals.
Whether it's getting a loan for a new project or finding a way to handle unpaid bills, commercial finance provides businesses with the financial tools to support their activities and ambitions.
Second Charge Mortgage
A second charge mortgage is a loan secured against the equity in a property that already has an existing mortgage (first charge mortgage). It is a separate mortgage taken out in addition to the primary mortgage on the same property.
The term "second charge" indicates the order of priority in terms of repayment if there are financial difficulties and the property is sold.
Non-Standard Construction Mortgage
A Non-Standard Construction Mortgage is a type of mortgage designed for properties with unconventional or non-traditional construction methods or materials. These properties may have features that differ from standard brick-and-mortar construction, and they can pose unique challenges when it comes to securing mortgage financing.
Properties that fall under the category of non-standard construction include those built with materials like timber, steel, or concrete panelling.
SPV & HMO Lending
A Special Purpose Vehicle (SPV) Limited Company Mortgage is a type of mortgage specifically designed for properties owned by limited companies established for a particular purpose. SPVs are commonly used in the context of property investment, where a company is created to hold and manage a specific property or portfolio of properties.
HMO mortgages are specifically designed to finance properties that are operated as a house with multiple occupants. These properties typically have multiple tenants who have separate rental agreements, and they may require additional features compared to traditional rental properties.
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