Bridging loans are essential for property investors and developers who need swift and flexible financing. Whether you’re purchasing a property at auction, funding refurbishments, or bridging a property sale, MT Finance offers reliable, short-term financial solutions tailored to your needs.
At Auction Finance, we provide expert guidance and support to simplify your MT Finance bridging loan application, ensuring a seamless process from start to finish.
Why Choose MT Finance with Auction Finance?
MT Finance Bridging Loans are designed to help property professionals act quickly on opportunities. With Auction Finance by your side, the process becomes even easier as we:
Save You Time: By managing all aspects of the application process.
Improve Approval Chances: Ensuring your application meets MT Finance’s requirements.
Offer Expert Guidance: Advising on the best loan terms and structure for your specific project.
Key Features of MT Finance Bridging Loans
1. Loan Amounts:
2. Loan Terms:
3. Loan-to-Value (LTV):
4. Competitive Interest Rates:
5. Property Types Supported: Residential Properties:
6. Flexible Payment Structures:
Serviced Interest: Pay monthly to reduce the total cost.
Rolled Interest: Pay at the end of the term to improve cash flow.
How Auction Finance Supports Your Bridging Loan Application
Step 1: Initial Consultation
Step 2:
Preparing Your Application Our team ensures all required documents are complete and aligned with MT Finance’s criteria, including:
- Property Details: Location, type, and valuation.
- Financial Information: Proof of deposit and any relevant income details.
- Exit Strategy: A clear plan for repaying the loan, such as selling the property or refinancing.
Step 3:
Step 4: Valuation and Legal Process
Property Details: Location, type, and valuation.
Valuation: MT Finance arranges for a property valuation to confirm its market value.
Financial Information: Proof of deposit and any relevant income details.
Legal Work: We coordinate with solicitors to finalise the loan agreement promptly.
Exit Strategy: A clear plan for repaying the loan, such as selling the property or refinancing.
Step 5:
Example Scenarios for Using MT Finance Bridging Loans
1. Auction Property Purchase
Scenario: A property investor wins a property at auction and needs £500,000 to complete the purchase within 28 days.
Solution: Auction Finance works with MT Finance to secure a bridging loan quickly, ensuring the investor meets the deadline
2. Refurbishment Project
Scenario: A landlord plans to convert a property into an HMO to increase rental yields.
Solution: Auction Finance secures a 12-month bridging loan with MT Finance, allowing the landlord to complete renovations and refinance onto a long-term buy-to-let mortgage.
3. Bridging a Property Sale
Scenario: A homeowner wants to purchase a new property but is waiting for their current home to sell.
Solution: Auction Finance helps secure a bridging loan with MT Finance, covering the purchase until the sale of the existing property is completed.
