Medium term secured loans
We have developed a style of 2nd charge bridging so that you are not obliged to repay the full amount within a 12 month period. Basically it is like a tradition secured loan you would get from a bank, building society or high street lender without the rigid, hard pass credit scoring process and checks. We simply place a second charge behind your mortgage and base the secured funding on equity.
No credit checks. That is correct. You read it right. We do not check your recent borrowing history as we will base funding on the equity you have in the property or land you are going to use as security. Up to 95% LTV too. Short, medium or long term repayment plans.
LTV UP TO 95%
WE ACCEPT CCJ, IVA, BANKRUPTS, THOSE UNDER THE THREAT OR REPOSSESSION AND BAD CREDIT.
No credit check secure lending
If you have all the paperwork in order, we can get a valuation completed on the house, building or land you would like to use as security pretty quickly. If needed, we are do all our valuation and legalities within 2 to 3 days if needed and as long as the paper work your side is in order, be able to pay out within 48 hours.
It is also true we are not conducting any form of credit check. The only thing we do is a property evaluation and valuation to make sure you have ample equity in the security offered. However, the minimum property value being used as security is £75,000.
AVAILABLE THROUGHOUT THE UK
NON STATUS, SELF EMPLOYED, NO PROOF OF INCOME AND DEBT LADEN ALL ACCEPTED.
So even if you have been refused elsewhere, don't hesitate to get in touch with us. We take a different view on who can and acannot borrow than 99.9% of other lenders, whether they are mainstream lenders like banks or building societies, or if they are independent lenders.
We offer this lower value second charge bridging finance to both residential borrowers and also business. We can even help property investors get that funding required even if it is for a below market value purchase or for auction finance. All you need to do to get the ball rolling is contact Short-Term-Finance.co.uk today.