Tenant Fees Act 2019 – Elephant trap for the unwary!17:27 PM, 17th May 2019
About 2 days ago 5
Want to know which lender has the lowest interest rates or will give you the maximum loan based on their criteria including LTV (Loan to Value) and interest cover? Our buy to let calculator provides all of this and much more to help you to find finance that suits you best. It even calculates yields and offers projections and best of all, it’s FREE to use 24/7.
Whether you are looking to purchase or refinance a building for your own business to occupy or indeed if you are purchasing or refinancing commercial property as an investment we will be delighted to help you to find finance by introducing you to our contacts FREE of charge.
The High street Banks may have lost their appetite for development finance but don’t allow that to put you off, it is still possible to find finance. There are literally dozens of smaller lenders who are hungry to fund projects. They all have their little niche and a good broker with the right contacts is required to access them and have your funding proposals presented to them in the right way to maximise you chances of success and competitive funding. We will be delighted to refer you to our recommended NACFB broker firms FREE of charge.
If you need need short term finance to complete a property purchase prior to selling on a property or refinancing based on the full market value post refurbishment then bridging finance is definitely worth consideration. Many bridging finance deals allow property to be purchased without a deposit due to facilities being based on the value of security offered as opposed to the contracted purchase price.
We only refer business to brokers who are members of the National Association of Commercial Finance Brokers. Brokers offering Commercial finance, which includes buy to let, are not regulated by statute. However, the NACFB, which was formed in 1992, has a Code of Practice registered with the Office of Fair Trading and also has a robust grievance procedure. All NACFB members undertake Continued Professional Development as part of their membership and carry Professional Indemnity Insurance. The NACFB has circa 800 member broker firms and approaching 100 Patrons including most of the UK’s most credible providers of funding.
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