Bridging, Renovation and Development finance

The Mortgage Forum Limited is the commercial mortgage partner of Mark Lane

The Mortgage Forum Limited being The Mortgage Specialist, are able to obtain bridging, renovation and development finance at competitive interest rates.

Should you need to purchase a property before you have sold your current one, it is possible to obtain bridging finance. The lender will lend you the money to purchase the property and when you sell your current property, the loan is repaid. Of course there is certain criteria to meet and that is where our expertise comes in. This type of finance can be arranged very quickly.

Renovation and Development finance……this type of finance can be used for renovating or developing properties. The lenders typically charge interest on a monthly basis, which means that you will want to repay the loan within a minimum period, typically 3 to 6 months. It is possible to obtain the finance over a period of 12 months.

Some lenders will allow you to roll the interest up. This means that you will not need to make a monthly payment to the lender; instead they will add the interest to the loan.

It may be possible to obtain a draw down facility, which is an agreed amount, that you can draw down as and when you need it and of course, you only pay for what you use.

Should you own other properties it may be possible to use these as security for the loan.
These types of finance can be arranged quickly and easily by The Mortgage Forum Limited