
Cheapest bridge finance for fix-and-flip in Fife
This is a client we’ve worked with on a number of renovation projects. She trusts us to get her the finance she needs.
The Scenario
Our client has built a very successful fix-and-flip development business in Fife, on modestly-priced homes that are in easy commuting distance of Edinburgh.
She knows her market well and keeps a tight rein on costs.
This property was a three-bed mid-terrace, built in the 1970s. She bought it for £112K with a 25% deposit, but the issue was that the loan size is too small for some lenders to be interested in.
And there are already fewer lenders who are familiar with the less densely-populated Scottish market and are willing to offer finance north of Glasgow or Edinburgh.
Our client had a poor experience with one of the buy to let mortgage lenders who are active in Scotland, and asked us to look elsewhere for bridge finance on this purchase.
The Solution
We surveyed the rates available to her. The best alternative funding we could get for her was at 1.25% per month. But we could get 0.79% from the lender she didn’t favour.
Our advice: the bridging finance arm of this finance company works quite separately from its mortgage finance division, and this was the best rate available to her.
She went with our recommendation and will be spending £13K on renovations, with a view to selling at £165K.
And read about our earlier work for this client »
"No hesitation on recommending this company and Sam O’Neill from CPF. I particularly liked the way Sam wants to understand your business so as to offer the best, relevant and pragmatic advice. I now consider Sam to be a crucial piece and team player within my business for all financing needs. Even if he can’t help he will do the very best to find someone who can. He is prompt, professional and cares about what he does. Can’t thank him enough."
Louis Levine
Finance Executive CeMAP
Bristol
0117 457 7862
Are you looking for a similar type of property finance?
Get in touch today and find out how I can help.
George Abouzolof
Finance Broker
Bristol
0117 403 3444
Do you need help sourcing your own property finance?
I have extensive experience securing UK mortgages for expat clients. Book a free telephone consultation with me at a time to suit you
Bridging Team
Clifton Private Finance
Bristol
0117 959 5094
Are you in need of a similar type of property finance?
Book a free telephone consultation with one of our bridging specialists today and see how we can help you.
Sam Baker
Finance Broker
Cardiff
0117 959 5094
Are you looking for a similar type of property finance?
As a specialist bridging adviser at Clifton Private Finance, I can take a holistic view of your situation and find the right finance solution for you. Book a free telephone consultation with me at a time to suit you
Fergus Allen
Finance Broker
Cardiff
0117 959 5094
Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.
Book a free telephone consultation with me at a time to suit you
Jacob Phipps
Finance Broker
Bristol
(+44) 0117 959 5094
Are you looking for a similar type of property finance?
I specialize in helping international clients source residential and investment property finance for UK property. Book a free telephone consultation with me at a time to suit you
Jack Spillane
Finance Broker
Bristol
0117 959 5094
Mathew Phillips
Senior Finance Broker
Bristol
0117 959 5094
Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.
Book a free telephone consultation with me at a time to suit you
Alex Chambers
Senior Finance Broker
Bristol
0117 403 4324
Are you in a similar situation? I am a specialist in residential and investment property finance for UK and international clients at Clifton Private Finance. Please don't hesitate to get in touch for a no-cost discussion of the finance you need.
Book a telephone consultation at a time that suits you:
Luther Yeates
Senior Finance Broker
Bristol
0117 244 5561
Are you looking for a similar type of property finance?
I have extensive experience finding residential and investment property finance for UK and international clients. Book a free telephone consultation with me at a time to suit you.
Sam ONeill
Senior Finance Broker
Bristol
0117 959 5094
Is your situation similar?
I am a bridging finance specialist at Clifton Private Finance. I can find a quick, cost-effective solution for the funding you're looking for. Book a free telephone consultation with me at a time to suit you
Robert Gibb
Senior Finance Broker
Bristol
0117 959 5094
Are you looking for mortgage or short-term finance for residential or buy-to-let property (including HMOs)? I have extensive experience in finding property finance solutions for UK and international clients, both as individuals and limited companies. Please give me a call and let me see what I can do for you.
Book ConsultationAdam Arnott
Associate Director
Bristol
0117 205 0214