Residential Bridging Rates from Downsizing/Upsizing Releasing Funds From Your Home Short Term Lease Finance Auction Purchase As at August 2020 Developer Rates from Ground Up Development Light & Heavy Refurb Finance For Unmortgageable Properties Land Purchase As at August 2020 Market leading rate; Up to 80% LTV Minimum Loan £500k Minimum Income £100k As at August 2020
Buying Before Selling?
Development & Refurb
Residential Bridging Rates from
Releasing Funds From Your Home
Short Term Lease Finance
As at August 2020
Developer Rates from
Ground Up Development
Light & Heavy Refurb
Finance For Unmortgageable Properties
As at August 2020
Market leading rate;
Up to 80% LTV
Minimum Loan £500k
Minimum Income £100k
As at August 2020
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.
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.
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.
Luther was excellent. Very clear in his advice and explanations of products and was able to move things on very quickly when we ran into difficulties with the estate agents. Without a doubt I would recommend Luther to all friends, family and colleagues. Luther was a joy to deal with and took a lot of the stress out of a troublesome transaction, from my end. I would view Luther as real asset to Clifton Private Finance Ltd.
The team at Clifton Private Finance has been outstanding, not only in helping me to obtain a mortgage on a slightly unusual home, but also in continuing to provide support and liaise with the lender and solicitors through to completion. Thank you for making the process of buying my first home much easier.
Sam O'Neill, and the new lender he identified for me, worked tirelessly together using my time constraints, to make sure my mortgage application was completed on time. They are a brilliant company to work with, fast, efficient, open and transparent from the very beginning, and turned a seemingly impossible situation into a viable one. Sam was brilliant throughout the whole process and I would highly recommend him, and his colleague Helen, to anyone without hesitation, I cannot speak highly enough about them.
I was incredibly lucky to find Clifton Private Finance after a search on line as their service has been more than exemplary. My point of contact was Sam 0’Neill and he was happy to help at every stage during the application of the bridging loan, making a stressful process much easier to deal with. He was always available by phone or email and gave prompt answers to queries I had as well as always getting back to me when he said he would. That to me is excellent customer service and I cannot thank him personally or the company enough for the support they have given me.
Adam cannot thank you enough for all your support throughout this arrangement. You have gone more than the extra mile to support us. Without you we would not have got our dream retirement home. You have been most professional and personable. Liz and I would be more than happy if you wanted to use us a reference with respect to any future clients.
Nigel & Liz K - Bristol
You have certainly shown me that you do everything for your clients, including tolerating their excessive emails and questions for updates. I have been kept in the loop, from yourself, about why the delays were occurring (Nationwide, post etc) which I would like to highlight that I really appreciated. I certainly will be able to recommend you to others as and when the need arises.
I recently contacted Clifton Private Finance after a Google search for bridging finance providers and was immediately struck by their efficiency and support. Forms were emailed over almost immediately and the necessary finance was arranged within a few days. None of the other companies I contacted came close to their professionalism, and the quote that I eventually received was impressive. Thank you Adam, your help has enabled us to reserve the house that we wanted and I certainly recommend you to others.
Mr M. R. - Oxford
Absolutely brilliant. The service was first class, got everything sorted efficiently and were always friendly. Any fees were negligible compared to the service offered. Robert was particularly outstanding.
My advisor, Robert, was very helpful in finding the mortgage to suit me. He kept me up to date throughout the process and dealt with any issues when they arose.
I have received fantastic service from your company from my first moment of contact. Adam Arnott has been dealing with my application and has kept me informed throughout the normally stressful process.