Business Finance Updates

Recent customers helped by www.businessfinancequote.com

HMO (House of Multiple Occupation) RE-FINANCE OVER 17 YEARS

  • £425,000 facility arranged
  • 3.6% fixed for 5 years and interest only for term
  • £100.00 valuation fee
  • Client aged 63 – loan structured to take him to 80 years of age

RE-FINANCE OF 4 LEASEHOLD FLAT INVESTMENTS ABOVE RETAIL SHOPS

  • Difficulty was the location of the assets above shops as lender appetite not great
  • BFQ arranged a 10-year interest only deal at 4.39% fixed x 5 years
  • Loan structured into a limited company vehicle

CONSTRUCTION FINANCE FACILITY FOR THE BUILD OF 4 NEW HOUSES

  • Loan agreed at 65% of the end value of the houses to be built
  • This equated to 90% of client’s costs
  • 100% of the build finance released in stage payments

OFFICE PURCHASE FOR SOLICITORS PRACTICE

  • £400,000 facility agreed equivalent to 100% of purchase price
  • Interest agreed on a tracker basis at 2.55% above Bank of England base rate

RE-FINANCE OF MIXED RESIDENTIAL/COMMERCIAL INVESTMENT PORTFOLIO

  • New £6,300,000 agreed to repay existing lender and equity release over £1,000,000 to use towards deposits for further investments
  • 10-year interest only on a blended rate

Our key products are

  • Property investment finance and refurbishment loans – products available to 90% of purchase price
  • Property development finance – loans available for conversion or new build – upto 70% of finished property value or 90% of costs available
  • Buy to let mortgages for residential investment – rates from 1.14% variable tracker
  • Unsecured business loans and overdrafts available – maximum facility £2,000,000

www.businessfinancequote.com

Email: info@businessfinancequote.com

Call: 0121 743 1644