LENDING CRITERIA

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If the property was purchased less than 6 months ago, we allow remortgaging out of bridging finance provided by other lenders including the roll up of interest and fees. Capital raising will not be available.

An application where the existing bridging facility or mortgage is provided by a private individual or company connected to the customer(s), is not accepted.

Acceptable providing incentive does not exceed 5% of the purchase price

Suitable buildings insurance must be in place at completion