LendInvest have an amazing bridging proposition to help your clients and make your life easy, take a look below:Refurbishment 85%
- Up to 85% LTV. Which provides a 74% net LTV
- Rolled interest and no monitoring of the works
- Planning must be in place if required
- No experience needed – first time buyers accepted
- Same rates light & heavy works
- Duel rep on legals
Bridge-To-Let & Auction
- Driving the bridge to BTL proposition -we are quick and we work with the underwriters to make sure the same professionals are used for speed.
- Can consider lending up to 90% of the purchase price on below market purchases – subject to full details
Development Exit
- We offer 75% LTV – rolled interest off of the net loan not gross. Rates from 0.82%
- We lend off of the Open Market Value NOT 180 days.
- We can consider the developer keeping some of the net sale proceeds once they’ve hit a certain leverage point.
Refurbishment GDV
- 75% LTV day 1 for residential properties (70% for commercial)
- 100% of the works funded in arrears over 3 drawdowns
- Up to 70% LTGDV/ 90% LTC
- Must have completed a similar project in size and nature
- Planning must be in place
Highlights of key service points:
- Submit an enquiry in 90 seconds – on your laptop or mobile.
- Repeat borrowers – saves their information so an application can take minutes as it auto fills the information for you.
- Fast underwriting and ability to speak to them through to completion
- Dedicated bridging BDM
- AVM can be used on purchases up to 70% of the value or purchase price (whichever is the lower)
Useful links
Solicitor. Panel
Duel rep England & Wales
- Budę Nathan Iwanier
- Lightfoots
- Ackroyd
- Birketts
- Assertion Law
- HCR law
- Tolhurst Fisher
Sep rep
- Brightstone
- JMW
- Lightfoots
- Brodies
- Lawrence Stephens
Scotland
- Duel rep:Andersonbain LLP
- Sep rep: Brodies
Any questions, contact Shane Wallace, Business Development Manager, Mobile: +44 (0)7741 656555