Bridging loans are essential for property investors and developers navigating time-sensitive opportunities. Whether you’re purchasing at auction, funding renovations, or bridging a property chain, Funding 365 offers flexible and reliable bridging finance solutions.
At Auction Finance, we simplify the process of securing Funding 365 bridging loans, ensuring a smooth experience from application to funding.
Why Choose Funding 365 with Auction Finance?
Funding 365 is a trusted specialist lender offering bespoke bridging loans tailored to individual property finance needs. By partnering with Auction Finance, you benefit from:
- Streamlined Process: We handle all aspects of the application.
- Tailored Support: Personalised advice to maximise your funding potential.
- Quick Approvals: Ensuring fast access to capital for your project.
Key Features of Funding 365 Bridging Loans
1. Loan Amounts
2. Loan Terms
3. Loan-to-Value (LTV)
4. Interest Rates
5. Property Types Supported
- Residential Properties: Including buy-to-let and refurbishment projects.
- Commercial and Semi-Commercial Properties: Catering to multi-use and business developments.
6. Interest Payment Options
- Serviced Interest: Monthly payments to reduce the total cost.
- Rolled Interest: Paid at the end of the loan term for easier cash flow management.
How Auction Finance Simplifies Your Application?
Step 1: Initial Consultation We assess your project and determine whether Funding 365’s bridging loans suit your needs.
Step 2: Preparing Your Application
Our team ensures your application meets Funding 365’s requirements, including:
- Property Details: Type, location, and valuation.
- Financial Information: Proof of deposit and income.
- Exit Strategy: A clear repayment plan, such as refinancing or selling the property.
Step 3: Submission and Liaison
We handle submission to Funding 365 and liaise with their team throughout the process to ensure quick approvals.
Step 4: Valuation and Legal Process
- Valuation: Funding 365 arranges for a property valuation to confirm market value.
- Legal Work: We coordinate with solicitors to finalise loan agreements promptly.
Step 5: Approval and Funding
Funds are typically released within days of approval, enabling you to proceed with your property project without delays.
Example Scenarios for Funding 365 Bridging Loans
1. Auction Property Purchase
Scenario: A property investor wins a property at auction and needs £400,000 to complete the purchase within 28 days.
Solution: Auction Finance works with Funding 365 to secure a bridging loan quickly, ensuring the investor meets the deadline.
2. Bridging a Property Chain
Scenario: A buyer purchases a property but is waiting for their current home to sell.
Solution: Auction Finance arranges a bridging loan with Funding 365 to bridge the gap, repaid upon the property sale
3. Refurbishment Project
Scenario: A landlord renovates a buy-to-let property to increase rental yield.
Solution: Auction Finance helps secure a 12-month bridging loan with Funding 365, enabling the landlord to refinance once the renovations are complete.
Why Choose Auction Finance?
FAQs
Ans: Catalyst offers bridging loans with terms up to 24 months.
