The vast majority of high-street lenders are only prepared to provide finance to developers and landlords for properties based on the purchase price. This can be a major hurdle for property professionals to overcome and acquire ‘bargain’ properties at auction or on the property market below the market value.
At LDNfinance, we’ve helped plenty of property professionals secure bridging finance for below market value properties requiring significant renovation before being let or sold on for a profit. While some high-street lenders will refuse to finance acquisitions on inhabitable properties, our network of specialist and private lenders have sufficient risk appetite to provide funding for up to 100% of the purchase price on below market value transactions, dependant on circumstances.
Your nominated LDNfinance broker will take the time to sit down and understand your unique personal and financial circumstances. This is an essential facet of what we do as it enables us to hand-pick prospective lenders that are ideally suited to your investment opportunity.
Bridging finance to take advantage of open market property values
At LDNfinance, we help property professional obtain bridging loans to cover the cost of buying properties at below market value and provide them with an exit strategy to repay their bridging finance upon the resale of their property on the open market. Depending on your financial circumstances, our panel of bridging lenders may be prepared to offer finance without exit fees or early repayment penalties. This gives you the flexibility you need to flip properties with or without renovation.
When ‘bargain’ residential or commercial properties are up for grabs, at LDNfinance we understand that time is of the essence. That’s why we’ve cultivated a panel of agile lenders capable of providing finance for below market value transactions within as little as five working days, regardless of a property’s construction type or condition.
Let’s discuss your next exciting property investment opportunity at below market value and arrange a bespoke bridging loan that works on your terms.