A short term loan is a short-term lending product, that allows the customer(s) to secure finance against a property over a specified period. Typically, these loans are very flexible and do not need to be serviced via monthly payments towards the interest or capital repayment, provided there is enough equity in the security/securities. It is a loan to ‘bridge’ the gap while other finance (such as a mortgage or sale of property) is secured by the borrower.
Short term loans are mainly used by clients who need quick, short-term capital to fund a property purchase so with our quick completion turnaround, we could help your client to complete in time for Christmas.
Short Term Loans
- Up to 80% LTV gross
- Below Market Value purchases considered to 100% LTV case by case
- Rates from 0.48%
- Quick completion turnaround
- Commercial properties
- Development finance
- Loans from £20,000
- All credit profiles considered
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