FAQ'S
What makes us stand out from our competitors?
Property finance compare has become a staple form of a brokerage firm that can help clients in almost every commercial property purchase or redevelopment project. The designed financing option help developers to quickly access the funds and compare rates needed to buy various types of commercial property until they are rented sold or refinanced under another mortgage form.
What is property finance compared for?
In simple words, businesses that are looking for flexibility and growth. We are now working with many property developers, allowing them to compare different funding options and quickly access funds.
What are the benefits of working with us?
- Tailored financial advice
- 24/7 customer services
- Reputation in the UK property development industry
- Relationships with a number of top lenders
- Successful project completion records
What is the difference between a lender and a broker?
A lender is a financial institution that makes a loan directly to you. A broker does not lend money.
Are there other costs involved?
Typical charges on bridging loans are an agreement fee, valuation fee, and legal fees. A valuation fee is dependent on the type and size of the property. The interest rate paid per month will be determined by the type of property and whether the borrower has good credit. Some bridging lenders charge an administration fee, and for deals, they may charge an exit fee when the loan is repaid.
What are the eligibility criteria for multiple portfolios?
Apart from some personal finance criterias, the main criteria is the health of the portfolio i.e. equity and rental income.