Finance7 have links with all of the major high street banks and often place mortgages with them. However, in some circumstances clients may be more suited to some of the niche lenders in the market. We have scoured the market to find lenders who allow repayment over a 30 year term. Some lenders will provide development finance – specifically aimed at funding construction, whether it is a single building or a much larger project. These facilities are released gradually as the project proceeds. Repayment is generally either from sale of the units or re-finance (or it may be converted to a long term loan on completion).
We can offer mortgages with the following features:
- Repayment terms of up to 30 years
- Interest calculated daily resulting in savings for the client
- Overpayments without penalty
- Up to 75% loan to value (up to 100% with additional security)
- Guaranteed margin of interest
- Mortgages specifically designed for development projects
- Self-certified mortgages
- Mortgages for new businesses
- The best rates on the market
Our advisor’s include qualified accountants & former bankers who will package your proposal in order to ensure that the chances of your application being accepted are maximised. This also ensures you are offered the most competitive rate possible.