I’m looking at buying at auction with a mortgage this month with an 8-week completion through my limited company. I have a 30-35% deposit, but need to know which mortgage lenders have the quickest back office at the moment?
This is a 'how long is a piece of string'? No mortgage lender has a consistent time frame for processing, processing times...
This is the perennial dilemma when you don’t have a big nest egg to use, how do you fund your deals? What do you do when a juicy deal comes along and you just can’t find the deposit?
Usually, when you find a deal that needs doing quickly, you don’t have someone with private money that is ready to invest right now. Conversely, when you have built up the trust...
THE QUESTION
Having been offered a plot of land suitable for building four houses, what’s the best way to fund another development?
THE ANSWER
Funding new build developments is simple, you use a development finance lender to lend you 100% of the build cost and then you get creative on how you finance the purchase.
If you have a chunk of cash yourself for the deposit then the development...
THE QUESTION
I want to get into building a brand new property, what type of finance is needed for this and how does it work?
THE ANSWER
New build projects require development finance and this is structured in a specific way. Pre-credit crunch this was freely available from the major banks, but they pulled out when the credit crunch hit, with disastrous consequences for many of their...
50% Complete
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.