One of our panel lenders has chosen Restore Finance to offer this exclusive product to our clients...
A Bridge to Open-Ended Term.
This lender gives the option to convert your bridging loan to an open-ended term loan either at the end or during the term of the bridge.
This means that if your anticipated exit isn't achieved you don't have to go to the expense of organising an alternative short or long-term facility or incur any possible expensive default costs.
85% LTV Bridging is BACK! We are thrilled to announce that one of our lenders is back doing bridging loans up to a loan to a value of 85%. Key Details: • Up to 85% LTV for refurbishments. • 100% LTV with additional security. • £40k to £5m loan sizes. • Interest rates from 0.85% per month. • Interest can be rolled or serviced. • 1 - 24 month term. • The whole loan is paid upfront (no drawdowns). • England, Wales & Scotland. If you have a case you’d like to discuss, please get
We have a new product that we are offering which helps property developers.
The sales guarantee scheme is similar to mezzanine finance in that it is a smaller facility than your main development loan but the scheme is typically cheaper and not secured on your site.
Our funder will exchange contracts at 10% of the agreed purchase price, generally 80% of the OMV. This exchange is as a sales guarantee as opposed to a pre sale, which means the units can still be sold at OMV.
There’s still time to get your property purchased before the stamp duty deadline (31st March 2021)! Our lenders have their valuers and solicitors on standby to assist you to take advantage of this stamp duty holiday! Get in touch today!