100% Funded BMV Properties

One of our lenders is offering 100% funding for below market value (BMV) residential purchases requiring refurbishments. Criteria: Term: 3 - 18 months Interest Rates: From 0.8% per month Loan to Value: Up to 85% of OMV Loan to Purchase Price: Up to 100% Loan Sizes: £75k - £500k Location: England and Wales Exit Fee: None Interest: Retained Exit Strategy: Sale or refinance Credit History: CCJ's, arrears and defaults considered Condition: This loan is for the purchase only, the borrower must have the funds to complete the refurbishment. 1st Charge Basis (2nd charges considered as additional security)
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