Expertise
- bridging finance
- bridging finance expert
- Bridging Loans
Summary
I work as a Business Development Manager for London Credit, a principal bridging lender providing unregulated bridging loans on residential, semi-commercial & commercial property. I manage relationships with mortgage broker, IFA's, master brokers & packagers providing bespoke financial solutions for their clients short term borrowing requirements.
We have been specialising in bridging loans for the last 9 years and lend approx. £60m-£65m a year out our offices in London. We are an NACFB & ASTL member principal lender.
We are actually part of larger organisation in Cyprus, Consulco Group (https://www.consulco.com/) which are one of the largest tax consultancy firms in Europe.
In essence we will lend all across England in all major Towns/Cities.
We can lend from £100,000 to £3,500,000 on a 1st & 2nd charge basis.
Please bear in mind that nothing is set in stone and will work outside of our criteria to accommodate a deal. We are known for our flexibility and taking a common sense approach to deals.
Rates will generally start from 0.75% and is dependant on LTV, whether heavy refurb or light refurb, credit history etc.
Our fees: 2% arrangement fee, 2% is paid to you as a proc fee, 3 months tie in, no exit fees.
One of my complex bridging deals which we completed on recently was published in the Bridging & Commercial webpage, see link: https://bridgingandcommercial.co.uk/article-desc-16441_London%20Credit%20completes%20%C2%A31.8m%20refinance%20bridging%20loan%20for%20north%20London%20residential%20properties
Experience
-
London Credit Ltd
Business Development Manager
- Current
