introducing steve mears – independent financial advisor the money man
auction finance and bridging… As Mortgage Brokers, we can look at standard re-mortgages, further advances and second mortgages, as a way of obtaining the deposit, or even the full amount of your proposed bid. For the future though, with High Street lenders liking unusual properties and “doer uppers” less and less, e have had to look further afield to alternative lenders and specialist brokers, who can work with us towards a successful completion. We have such a choice now, especially with Bridging Loans, that we really feel that there are very few situations where we won’t be able to provide finance! We always want to give all of our clients access to funds at the best possible rates, and with the least amount of stress. Obviously, we may be a little late for tonight, but not in every case, so come and find one us later! We have been dealing with Hollis Morgan for some time now, and like to think that we know the right people who specialise in auctions, with common sense decisions that are made with a minimal delay. It is always a busy evening for us, but we are happy to chat and make an appointment to see what we can do for you. Happy bidding!
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A few Key Features of typical Bridging facilities :
Standard Bridging and refurb options Buy-to-Let, semi-commercial and commercial loans Residential Loans (less choice)
Max Loans – approx. £3m Max Loan to Value – 75%
…there are very few situations where we won’t be able to provide finance … Rolled up interest – i.e. no monthly payments during refurb Flexible terms – 1-18 months (some longer) Seedy underwriting and decision Charge can be taken over more than one property, to maximise loan Some short term Bridging with minimal up-front fees
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” to contact Steve, email info@stevemears.com , telephone 0117 973 4300 or to find out more about Steve Mears Independent, visit www.stevemears.com
Please remember YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE .
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