Funding 365 Releases Enhanced Flexible 3 Year Range

Funding 365 Releases Enhanced Flexible 3 Year Range

Funding 365 has today announced that it has simplified and improved its Flexible 3 Year and Bridge to 3 Year property loan offerings.

Funding 365 has today announced that it has simplified and improved its Flexible 3 Year and Bridge to 3 Year property loan offerings.

The bespoke loans, which can be secured against commercial, semi-commercial and residential (including HMO) properties in England and Wales, are designed to be tailored in terms of pay rate vs retained rate to suit the yield of the borrowers’ properties. Interest rates now start at 6.74% per annum with a minimum pay rate of 4.5%.

Funding 365 have also extended the maximum length of the bridging term which can be included in the Bridge to 3 Year product from 8 months to 12 months, in order to provide borrowers with greater scope to be able to exit the loan without any early repayment charges. The starting interest rate of these bridging terms has also been reduced from 7.49% per annum to 7.25%.

Read the full story here:

https://bridgingloandirectory.co.uk/bridging-finance/funding-365-launches-enhanced-flexible-3-year-property-loan-range/

Funding 365 Limited is registered in England & Wales / Registered address: 20-22 Wenlock Road, London, N1 7GU / Company Number: 8488034.

Funding 365 Limited is not regulated by the Financial Conduct Authority or under the Financial Services & Markets Act (FSMA). All loans provided by Funding 365 Limited are non-regulated mortgage contracts, defined under Article 61(3) of the FCA Regulated Activities Order or non-regulated contracts under the Consumer Credit Act. Your property may be at risk if you do not keep up repayments on any mortgage or loan secured on it.

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