Bridging – LTV’s to 80% – Rates from 0.43%

Bridging – LTV’s to 80% – Rates from 0.43%

Here’s just a quick update on our popular short term products at the moment.

80% Bridging – this could really get clients out of a hole where other options have failed.

• First and second charge bridging – both up to 80%
• Arrears – 1 month arrears accepted in last 12 (none in last 3).
• CCJ’s and Default’s – will accept unsatisfied if under £5,000 and satisfied under £15,000.
• None in last 6 months but all ignored over 24 months.
• Light refurbishment allowed – kitchen / bathroom / loft conversion / extension
• Option to convert to 36 months on repayment basis after first 12 months – non reg only
• Bridge to bridge accepted
• Up to 80% LTV at 1.1% – same rates for second charge.

Super Fast bridging – when speed is everything – payout within 2 days of enquiry achieved.

• Quote same day – onsite visit next day – completion same / next day.
• Director visit to property for sign up – valuation avoided where possible – saves time and cost
• Standard legal’s done in house – external solicitors not normally required
• Lender will complete on second charges without consent from the first mortgagee.
• Loans from £15,000 to £250,000

Low rate Bridging – from 0.43% at 50% LTV.

• Wide range of prime lenders with lowest rates
• Reg and non reg – light and heavy refurbs.

Let us help with all your bridging requirements and if you are too busy we can deal with the sale too.

www.promisemoney.co.uk

01902 585052