Key Points
Product Summary
| Loan Type | 1st Charge Business Loan (Valuation ONLY Product) |
| Interest | From 1.5% per month |
| Loan To Purchase Price | Up to 100% |
| Facility Fee | 5% |
| Term | 3 – 6 months |
| Loan Amount | £25,001 – £500,000 |
| Valuation Required | Yes |
| Simplified Process | Yes |
| Available to Individuals | No |
| Available to Limited Companies | Yes |
| Adverse Credit Accepted | Yes |
| Non-Status Accepted | Yes |
| Transaction Type | Purchase ONLY |
| Privately Funded | Yes |
| Quick Completions | Yes |
Simple Process
How It Works
1
Website Enquiry
2
Terms Agreed
3
Sign & Accept Offer
4
Book & Allocate Funds
5
Valuation
6
Legal Processing
7
Completion
100% Finance Uses
When to Use
1
Purchasing Below Market Value Property
Use this facility to purchase a below market value property with zero or low deposit.
2
Huge Opportunity for Property Sourcers
Be the investor yourself that you normally sell to and maximise the property opportunity you have sourced.
3
Deal Structuring
Use this facility for deal structuring including transferring the property to a Limited Company.