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  • Contact | Call Now for Award Winning Bridging Loans | Funding 365

    First Name Last Name Email Phone Message Submit Thanks for submitting! MESSAGE US LOAN APPLICATION FORM Please complete the form and return it via email to underwriting@funding-365.com Email us Write to us underwriting@funding-365.com Funding 365 Limited, 30 Stamford Street, London, SE1 9PY. Start a conversation Send us a message on Twitter or LinkedIn WhatsApp us +447360 536122 Talk to us 0800 689 0650 CONTACT US WE'D LOVE TO HEAR FROM YOU Speak directly to one of our award-winning underwriters for more information, a quick indication or credit-backed terms in just one hour. TALK TO US EMAIL US 0800 689 0650 underwriting@funding-365.com WRITE TO US Funding 365 Limited, 30 Stamford Street, London SE1 9PY WHATSAPP US 07360 536122 CONTACT US WE'D LOVE TO HEAR FROM YOU LOAN APPLICATION FORM START A CONVERSATION Send us a message on Twitter or LinkedIn

  • Award Winning UK Bridging Lender | 5 Star Service | Funding 365

    We established Funding 365 in 2013 with a simple objective - to deliver affordable short term property finance with no delays, complications or hidden costs. ​ Our highly experienced, hands-on directors previously worked at investment banks such as Goldman Sachs and Barclays Capital where they established, managed and provided funding solutions to UK mortgage lenders. In 2016 we launched the Funding 365 graduate scheme to bring bright talent into our industry and many members of our team joined us in this way. ​ Unlike other bridging lenders, our set up is not focused around a sales team but rather our mandated underwriters. They manage each case from initial enquiry to completion (and beyond) for an outstanding, seamless and certain experience. This approach has earned us a number of industry awards, including most recently the Business Moneyfacts ‘Best Service from a Bridging Finance Provider’. TO EXTRAORDINARY BRIDGING TO EXTRAORDINARY BRIDGING Laura Kendall Marketing Director Calum Waite Head of Underwriting Paul Weitzkorn Director Michael Strange Managing Director Krisha Karunananthan Senior Underwriter Jon Brooks Senior Credit Officer Allegra Sykes Senior Relationship Manager Katie Spitz Senior Underwriter Fraser Mills Junior Underwriter Emily Hughes Sales and Marketing Executive Zack Attree Underwriter MEET THE TEAM ABOUT US AN AWARD-WINNING DIFFERENCE TO EXTRAORDINARY BRIDGING Michael Strange Managing Director Paul Weitzkorn Director Laura Kendall Marketing Director Calum Waite Head of Underwriting Jon Brooks Senior Credit Officer Allegra Sykes Senior Relationship Manager Krisha Karunananthan Senior Underwriter Katie Spitz Senior Underwriter CONTACT US Morgan Henry Junior Underwriter Fraser Mills Junior Underwriter CONTACT US Emily Hughes Marketing and Sales Executive Zack Attree Underwriter

  • Residential Bridge | Refinance of 11 New Houses | Funding 365

    The brief Our solution Underwriter quote Our team moved quickly to assess the liquidity of the asset and underwrite a bespoke solution. As the commercial aspect accounted for less than 30% of the property value, we managed to deliver a solution at our headline rate of 0.74% per month for 12 months. Our speedy turnaround ensured that the client avoided costly extension charges. The client had an outstanding debt over a newly constructed block of flats in Hull, with a vacant commercial unit below. The borrower has finished works and sold 7 flats. However, with the end of their loan term looming, the borrower needed to secure additional time to market and sell the remaining properties. We love having the opportunity to support ambitious property developers that are servicing the high demand for new housing. In this case, we were able to offer our headline rate and a loan term that fit the borrower's needs perfectly. Credit to the solicitors for their swift work in getting the case across the line. Fraser Mills, Junior Underwriter BACK TO PROJECTS £500,000 44% LTV 0.74% PER MONTH DEVELOPMENT EXIT: SEMI-COMMERCIAL BLOCK OF 14 FLATS CASE STUDY

  • Property Purchases | Auctions | Refurbs | Developments | Funding 365

    COMMERCIAL & SEMI COMMERCIAL BRIDGING LOANS Semi-commercial purchase £225,000 | 63% LTV | 0.74% per month Purchase of vacant office unit £143,000 | 65% LTV | 0.72% per month Semi-commercial refinance £1.9m | 65% LTV | 0.72% per month MORE INFO MORE INFO Purchase of commercial unit £3.9m | 67% LTV | 0.79% per month Purchase of office unit £258,000 | 60% LTV | 0.79% per month MORE INFO MORE INFO MORE INFO We only advertise products and rates that we're happy to deliver. Below are examples of recent completions across all of our products. VIEW OUR PRODUCTS RESIDENTIAL BRIDGING PRODUCT Development exit of 2 houses in Wales £280k | 71% LTV | 0.79% pm Semi-commercial bridge in Hull £500k | 44% LTV | 0.74% pm Auction purchase of a house in London £360k | 75% LTV | 0.89% pm MORE INFO MORE INFO Fundraise on 2 HMOs in Brighton £1.7m | 62% LTV | 0.79% pm Development exit of 27 flats in Leeds £5.9m | 70% LTV | 0.84% pm MORE INFO MORE INFO MORE INFO LIGHT DEVELOPMENT LOANS Fundraise and conversion of retail unit £1.8m | 73% LTV | 0.60% per month Finish & exit of 14 houses £3.2m | 75% LTV | 0.78% per month Conversion of a dilapidated industrial unit £625,000 | 50% LTV | 0.69% per month MORE INFO MORE INFO Conversion of shop and offices £392,500 | 65% LTV | 0.69% per month Refurbishment of five bed house £394,000 | 75% LTV | 0.69% per month MORE INFO MORE INFO MORE INFO PROJECTS OUR PRODUCTS IN ACTION RESIDENTIAL BRIDGING LOANS Auction purchase of two houses £552,000 | 65% LTV | 0.62% per month Refinance of 11 houses £2.1m | 75% LTV | 0.69% per month MORE INFO MORE INFO Fundraise on a portfolio of 35 houses £2m | 75% LTV | 0.67% per month Development Exit of 50 apartments £7.2m | 75% LTV | 0.69% per month MORE INFO MORE INFO COMMERCIAL & SEMI COMMERCIAL BRIDGING LOANS Purchase of commercial unit £3.9m | 67% LTV | 0.79% per month Purchase of office unit £258,000 | 60% LTV | 0.79% per month MORE INFO MORE INFO STEPPED RATE BRIDGE LIGHT DEVELOPMENT LOAN LEARN MORE LEARN MORE From 0.80% pm From 0.89% pm Refinance of 11 houses £2.1m | 75% LTV | 0.69% per month ​ MORE INFO Auction purchase of two houses £552,000 | 65% LTV | 0.62% per month ​ MORE INFO Refinance of 11 houses £2.1m | 75% LTV | 0.69% per month ​ MORE INFO Purchase of eight apartments £1.3m | 75% LTV | 0.67% per month ​ MORE INFO Fundraise on a portfolio of 35 houses £2m | 75% LTV | 0.67% per month ​ MORE INFO RESIDENTIAL BRIDGING LOANS Purchase of office unit £258,000 | 60% LTV | 0.79% per month ​ MORE INFO Purchase of commercial unit £3.9m | 67% LTV | 0.79% per month ​ MORE INFO Semi-commercial refinance £1.9m | 65% LTV | 0.72% per month MORE INFO Purchase of vacant office unit £143,000 | 65% LTV | 0.72% per month MORE INFO Semi-commercial purchase £225,000 | 63% LTV | 0.74% per month MORE INFO COMMERCIAL & SEMI COMMERCIAL BRIDGING LOANS Purchase of vacant office unit £143,000 | 65% LTV | 0.72% per month MORE INFO Semi-commercial refinance £1.9m | 65% LTV | 0.72% per month MORE INFO LIGHT DEVELOPMENT LOANS Conversion of shop and offices £392,500 | 65% LTV | 0.69% per month Refurbishment of five bed house £394,000 | 75% LTV | 0.69% per month MORE INFO MORE INFO PROJECTS OUR PRODUCTS IN ACTION DEVELOPMENT LOANS Build of terraced house £510,000 | 60% LTV | 70% LTGDV | 0.93% per month Build of three bedroom house £1.2m | 75% LTV | 62% LTGDV | 83% LTC | 0.89% per month MORE INFO MORE INFO Build of three terraced houses £910,000 | 60% LTV | 59% LTGDV | 85% LTC | 0.73% per month MORE INFO Build of six semi-detached houses £910,000 | 44% LTV | 60% LTGDV | 79% LTC | 0.93% per month MORE INFO To find out more about our development product, click the link below PRODUCT Build of three Bungalows £550,000 | 50% LTV | 49% LTGDV | 79% LTC | 0.77% per month MORE INFO Finish & Exit of 14 houses £3.2m | 75% LTV | 0.78% per month MORE INFO Conversion of a dilapidated industrial unit £625,000 | 50% LTV | 0.69% per month MORE INFO DEVELOPMENT LOANS Build of three terraced houses £910,000 | 60% LTV | 59% LTGDV | 85% LTC | 0.73% per month Build of six semi-detached houses £910,000 | 44% LTV | 60% LTGDV | 79% LTC | 0.93% per month Conversion of a dilapidated industrial unit £625,000 | 50% LTV | 0.69% per month MORE INFO MORE INFO Build of terraced house £510,000 | 60% LTV | 70% LTGDV | 83% LTC | 0.95% per month Build of three bedroom house £1.2m | 75% LTV | 62% LTGDV | 83% LTC | 0.89% per month MORE INFO MORE INFO MORE INFO Purchase of eight apartments £1.3m | 75% LTV | 0.67% per month To find out more about our residential bridge product, click the link below PRODUCT MORE INFO Semi-commercial purchase £225,000 | 63% LTV | 0.74% per month MORE INFO To find out more about our commercial bridge product, click the link below PRODUCT To find out more about our light development product, click the link below PRODUCT Fundraise and conversion of retail unit £1.8m | 73% LTV | 0.60% per month MORE INFO

  • Residential Bridge on a Portfolio of Houses | Funding 365

    The brief Our solution Underwriter quote Given the borrower's experience within the property industry, our team were able to craft a bridging solution that was a cut above the competition. At 75% LTV, we delivered at a rate of 0.79%, which proved to be the perfect fit for his latest project; refinancing their previous lender with cash left over to inject into their next property. The client had an outstanding debt over 2 newly built houses in Anglesey, Wales. With the end of their loan term looming, the borrower needed to secure additional time to put the property on the market, whilst replenishing their cash invested in the development. This case exemplifies the strength of our products and the high quality service that we're capable of delivering time and time again. I look forward to supporting this client with other exciting portfolio projects in the future using our great bridging product. Morgan Henry, Junior Underwriter BACK TO PROJECTS £280,000 0.79% PER MONTH 71% LTV DEVELOPMENT EXIT: 2 HOUSES IN WALES CASE STUDY

  • Large Residential Bridge | Funding 365

    The brief Our solution Our team crafted an effective solution, delivering an interest rate of 0.89% per month for a 12 month period. Given the borrower's experience in the industry, the team were able to offer the highest LTV possible. This enabled the them enough cash to carry out all the necessary works to get the highest possible return on investment when the property is put on market. The client required £350k to complete the auction purchase of a 3 bed semi-detached house in London, of which required light cosmetic works before it is put on market. Given the condition of the property, the client wanted to access the very best rate to ensure that a comprehensive refurbishment could be conducted using their own funds. With our principal-led funding we’re able to make quick, credit-backed decisions on our loans. When we spot deals with real potential we always try to support them with the best terms possible. Nick Hogan, Senior Underwriter Underwriter quote BACK TO PROJECTS AUCTION PURCHASE: 3 BED HOUSE IN LONDON CASE STUDY £350,000 75% LTV 0.89% PER MONTH

  • Large development exit loan in Peterborough | Residential Bridge | Funding 365

    The brief Our solution Underwriter quote Working around the clock with the introducing broker, borrower, valuer and lawyers, our team managed to deliver a solution way before deadline, saving the borrower from paying an additional month of interest on their prior borrowing. We provided a 70% LTV at a rate of 0.84%, with a 12 month loan term. This enabled additional funds to support future projects and ample time to sell every unit. The client, in danger of exceeding their current loan term, required urgent refinancing for their ground-up project, of a 27 apartment unit in Leeds. In addition to providing time to market and well the properties, the borrower required additional funds to be released in order to invest in the next project. With larger development exit schemes like this, brokers who know how to efficiently package the deal and work through any hurdles to provide the best bespoke solution for the borrower make all the difference to its success. I always appreciate working with knowledgeable, proactive brokers and I look forward to collaborating with the LDN Finance team again. Krisha Karunananthan, Senior Underwriter From start to finish the Funding 365 team were faultless. They demonstrated speed, efficiency and the highest levels of communication we could ever expect from a lender. The underwriting team gave regular updates, were always proactive and supportive on the deal and they worked tirelessly until late at night to ensure we hit our completion target date. Mike and Paul were always involved and were flexible when we needed them to take a view on the various quirks within the deal which turned out more complicated than it looked at the start. Not only that, the rate was market leading so this resulted in a very happy client that was new to LDN and we are already working on the next deal for them. Chris Oatway, Director at LDN Finance Broker quote BACK TO PROJECTS BACK TO PROJECTS £5.9 MILLION 70% LTV 0.84% PER MONTH DEVELOPMENT EXIT: 27 APARTMENTS IN LEEDS CASE STUDY

  • Residential bridge | Auction purchase of 2 houses | Funding 365

    The brief Our solution Underwriter comment With the repayment deadline looming with their previous lender, Funding 365 worked closely with the introducing broker, borrower, valuer and lawyers to create a facility that ensured the borrower had ample time to complete the remaining works and apply for long term finance. The client required funds to refinance their existing long-term loan held over 2 properties in Brighton and release cash for their next project. Both properties are registered as HMOs, with one operating and one requiring cosmetic refurbishment. The borrower therefore needed to secure a highly competitive rate to ensure that their own funds would cover the refurbishment with cash left over to invest into their next project. As an underwriter at Funding 365, it's my responsibility to look at a case from every angle and find the potential in the deal. That's what I did here - and at a rate that allowed the client to refurbish the properties in exactly the way that they had envisioned, whilst releasing cash for their business. Jonathan Brooks, Senior Underwriter BACK TO PROJECTS FUNDRAISE: TWO HMOs IN LONDON CASE STUDY £1,700,000 62% LTV 0.79% PER MONTH

  • Development finance on a plot of land

    CONSTRUCTION OF 6 HOUSES CASE STUDY £910,000 0.93% PM 44% LTV / 60% LTGDV / 79% LTC The brief Our solution Underwriter quote We discussed the case at length with the client and crafted a 15-month loan, complete with drawdowns totaling £775,000. This solution fit their needs perfectly and allowed them to begin work right away. Our client owned a plot of land in Bury St. Edmunds with planning permission to construct 6 semi-detached houses. They were in need of a facility that would allow them the time and resources to complete the project to a high standard. It's really satisfying to see our products used to expand the housing opportunities in areas outside of London. In this case, we're delivering 6 fantastic living spaces to a great part of the country. BACK TO PROJECTS BACK TO PROJECTS

  • Refurbishment of 5 Bed House in York | Light Development | Funding 365

    The brief Our solution Underwriter quote Our team created a bespoke solution, providing the full cost of works (£150,000) in three drawdowns. This, alongside the 75% LTV, enabled the borrower to begin the refurbishment immediately. The 12 month term ensured that the properties were built to a high standard and sold without fear of late penalities. The borrower required funding to purchase a dilapidated house in York, England, and undertake a complete internal refurbishment to bring it to a modern, habitable standard. This case was a great opportunity to support a fairly new developer in expanding their portfolio. Thanks to our great relationship and competitive rate, we have been able to assist this client with their subsequent development projects. BACK TO PROJECTS £394,000 75% LTV 0.69% PER MONTH REFURBISHMENT OF A 5 BED HOUSE CASE STUDY

  • Funding 365 and Adapt complete £3m of complex bridging loans this month

    Funding 365 and Adapt complete £3m of complex bridging loans this month Fast bridging lender Funding 365 and award winning short term finance broker. Adapt have together provided borrowers with bridging solutions worth over £3million in less than 4 weeks. Funding 365 have been providing Adapts clients with bridging loans since late 2015 and their relationship is forged through a shared focus on always delivering the best possible solution for the borrower. One of the bridging loans involved both first and second charges secured against a commercial property and strict timings, yet the borrower received a rate of just 0.75% per month. Another loan involved a portfolio of 9 BTL properties in London worth £3.1 million. Funding 365 Marketing Director, Laura Kendall explains,Our working relationship with Adapt feels so natural as they share our core values and our nimble way of working. Ultimately it benefits the borrower when their broker and lender work together to provide the best financial solution in a seamless, pain-free process. Adapt MD, Jordan McBriar adds, Yet again, great work from the whole team at Funding 365, kickstarted with a common sense approach and thorough packaging from Adapt.

  • Funding 365 reveals reduced commercial bridging rates from 0.75 percent pcm

    Funding 365 reveals reduced commercial bridging rates from 0.75 percent pcm Fast bridging lender Funding 365 has today announced that it has cut the starting interest rate for its commercial bridging loan product from 0.85%pcm to 0.75%pcm. The product - which is available to all brokers - provides 3 to 12 month loans from £100,000 to £5 million+ secured against commercial and semi-commercial properties across England and Wales. The maximum LTV at 0.75%pcm is 60% although higher LTVs will be considered if additional security is provided. Uses for the product include acquisition of commercial or semi-commercial investment properties, refinancing of maturing commercial debt, working capital for a business and light property refurbishment. Eligible commercial properties include (although are not restricted to) retail premises, offices, warehouses, light industrial units and factories. Funding 365 Managing Director, Mike Strange comments,“We believe that borrowers shouldn’t pay over the odds for bridging, so we continuously assess our products to keep them competitive. I’m delighted that we’ve been able to slash our commercial rate in particular as this strengthens our growing reputation as the go-to commercial bridging lender.” Funding 365 Marketing Director, Laura Kendall adds,“With our promise to provide fair bridging finance comes a commitment to offer the most competitive rates that we can - to everyone. This newly enhanced commercial product - like all of our advertised products - is available to all brokers and contains no hidden fees or surprises in the small print.

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