Case Study – we are currently working with an introducer whose clients are looking to purchase a G2 listed building.
The property is held in the family Ltd Company name and the equity is being gifted to the applicants. On top of this, a structural engineers report indicates there is a lot of work to be done to bring the property up to a standard that makes it suitable for lending purposes. In addition, the applicants will be living in the property – making it a regulated mortgage!
We have identified a lender who can assist on the basis required on a heavy refurbishment rate. The introducer can refinance onto a term loan once all works have been completed.
Why use impact bridging?
- We can immediately identify lenders who can assist with specific circumstances - bridging is not one size fits all
- We have access to bridging lenders who operate on a limited distribution basis
- We have lenders on-site to support us
- We can deal with the day to day processing of the application giving you more time to generate further new business
- You may receive a higher procuration fee than if you went directly to the lender.
Refer
If you would like to pass the customer over to Impact Specialist Finance to handle, for example the case is too complex (Bridging/Over 55’s/Portfolios), you are going on holiday and they require an immediate solution or you don’t have the relevant permissions, we are able to accept referrals for regulated and non-regulated cases. You will still get paid and the customer will always remain yours!
Call the impact team on 01403 272625 to discuss an enquiry.
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