Specialist

Short Term Loans For Flipping Houses

Short Term Loans For Flipping Houses

Clifton private finance

We specialise in raising short term bridging finance for purchasing residential and commercial property to sell

Require a short term loan for flipping a house? We provide:
  • Market leading short term loans from £50,000 to £25m
  • Rates from 0.43% pm
  • Lower rates for £1 million+ loans
  • Finance within 7 working days is possible depending on your circumstances
  • Terms from 3 months to 3 years
  • LTVs up to 80% (can be more if other assets in the background)
  • Interest roll up options
  • Residential purchase and refurb (On a regulated basis), buy to let, HMO, investment and commercial properties considered
  • Light refurbishment finance (currently uninhabitable, under permitted development rules, require internal refurbishment)
  • Heavy refurbishment finance (extensions, basement digs, loft conversions, commercial to residential, barn conversions)
  • Bridging finance for business purposes (purchasing land or new premises, deposit for new purchase)
  • Alternative assets considered e.g. pension, investment porfolios, fine art, classic cars
  • Automated valuation option for properties under £1m
  • We provide a friendly, professional service to help you get the money you need at the best available rates

Residential

Buying Before Selling?

Residential Bridging Rates from

0.43% pm

Downsizing/Upsizing

Releasing Funds From Your Home

Short Term Lease Finance

Auction Purchase

As at August 2020

Development & Refurb

Fast Finance

Developer Rates from

0.38% pm

Ground Up Development

Light & Heavy Refurb

Finance For Unmortgageable Properties

Land Purchase

As at August 2020

Residential

Serviced Interest

Market leading rate;

0.175% pm

Up to 80% LTV

Minimum Loan £500k

Minimum Income £100k

As at August 2020

Contact Us

Thank You for your interest - please complete the form below and a member of our team will be in contact.


Call us on 0117 959 5094 to discuss your requirements.
Recent

Property Finance Deals

Bridge finance for Channel Islands resident to build new Guernsey home
Area
Guernsey
Capital Raised
£800K
Seventy percent net loan for new developer buying and converting London house to flats
Area
North London
Capital Raised
£836K
Hybrid Development Finance Solution Before Practical Completion for Falmouth Developer
Area
Falmouth
Capital Raised
£500K
Finish and exit on a London residential renovation
Area
West London
Capital Raised
£150K
Finish and exit for £1.95M barn development
Area
Sussex
Capital Raised
£605K
Residential bridging loan to buy development site for two barn conversions
Area
Lincolnshire
Capital Raised
£150K

More Opportunities »

Contact Us

Short Term Loans For Flipping Houses

Special features and what we offer include:

What does flipping a property mean?

In basic terms buying a property at a certain price and then adding value through renovation or refubishment work and then selling the property for a higher price.

What are short term loans for flipping a property?

Typically, securing development finance from a traditional lender can be a laborious process and can take several weeks or even months before receiving the necessary funding.

A short term loan or bridging loan is a specialist, fast, short term financial solution that can be used to finance and refurbish a development property to sell on.

Bridging loans are a popular option for property developers to fund their projects, as they can provide finance within a short period of time to minimise the delay in a development.

Bridging loans generally come with the option to ‘roll up’ interest to repay at the end of the term of finance. This is ideal for property developers, as it allows them to avoid monthly interest payments and frees up their finance to spend on their project.

When to use a property development bridging loan

Bridging loans can be used to facilitate many different development projects including:

As a general rule, traditional lenders are reluctant to provide finance for an unmortgageable property.  A property is deemed unmortgageable by traditional lenders if the value of the property is below 40K or it does not have a functioning bathroom or kitchen.

Unlike the finance offered by traditional lenders, bridging loans can be secured for the purchase and development of unmortgageable properties, making sure that developers do not lose out on attractive "flip" opportunities.

How to get a bridging loan for property development 

Call us on 0117 959 5094 to discuss your requirements.
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Get in Touch

If you have any questions about our services or want to start making things happen please contact us