81 items found

  • Flexible 3 Year Loans | Funding 365

    LOAN INTEREST RATES PER ANNUM Gross loan to value: Residential Commercial 60% 65% 70% 75% 8.99% 10.49% 11.49% 9.49% 9.99% Prime Classic Complex CREDIT PROFILE No CCJs in the last 2 years (director or company) ​ All CCJs must have been satisfied at least 12 months prior to completion ​ No bankruptcy / IVA in last 3 years ​ If a company is being purchased, credit checks are applied to the acquirer and its directors ​ The tenant in the property must have a strong credit profile ​ For commercial premises, the remaining lease term should be at least 3 years unless, in the case of mixed usage property, the commercial element comprises less than 35% of the total property income ​ Any lease on the property should be on an arms-length basis to a third party with the rental income set at a market rate ​ The Property should not be deemed to be specialist in nature and should be a liquid property which would attract significant mainstream investor demand should it be marketed for sale in its current condition Up to 2 CCJs of less than £7,000 in the last 2 years (per director or company) ​ All CCJs must be satisfied at the completion date (completion proceeds can be used for this purpose) ​ No bankruptcy / IVA in the last 3 years ​ Where loan repayment is based on a development / re-development proposal ​ Where the loan otherwise does not fit the Prime product criteria Up to 5 CCJs in the last 3 years with a maximum value of £20,000 (per director or company) or, for owners of property portfolios worth > £2m, a maximum of 2% of the portfolio value ​ No bankruptcy in last 3 years This does not constitute an offer of financing. Heads of Terms and Loan Agreements will be provided by Funding 365 Limited on a case-by-case basis. Funding 365 Limited reserves the right to amend, suspend or terminate this product at any time and without notice. YOUR PROPERTY MAY BE AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Funding 365 Limited is registered in England and Wales. Registered address: 20 – 22 Wenlock Road, London N1 7GU. Company Number: 8488034. Sept 2019. 1. Gross LTV is calculated using the gross loan amount divided by the lower of the purchase price and valuation. Valuation is typically the OMV, although other measures may be used on a case-by-case basis. Loan interest rates outlined above include a monthly pay rate, retained interest and SONIA. Minimum monthly pay rate of 4.50%. 3m SONIA has a minimum level of 3.5% pa. Indicative pricing based on Prime credit profile. | 2. Larger loans considered upon application. | 3.Paid from arrangement fee. | 4. Only offered on residential properties where the property is deemed to be highly liquid and in very good internal and external condition. | 5. Only offered for commercial premises where a Strong Tenant Covenant exists. INTEREST RATES LOAN SIZES LOAN TERMS LOCATIONS Percentage Icon Clock Icon Location Icon 36-60 months Across England and Wales Money Bag £100,000 to £3,000,000 2 From 8.99% up to 70% LTV 1 FLEXIBLE 3-5 YEAR PRODUCT INFORMATION HMOs & residential accommodation Security: First charge on commercial or residential property in England and Wales (personal guarantees required). Arrangement fee: 2.5% Proc fee: From 1.5% 3 Loan Purpose: Purchase, re-mortgage or capital raise Adverse credit: Three product types are offered for different credit levels (see table below) ACCEPTABLE PROPERTIES Bullet Point Retail with or without living accommodation Offices Purpose built student accommodation Bullet Point Bullet Point Bullet Point Warehouses and light industrial units Bullet Point Repayment Charges: 3%, 2%, 1% (Year 1,2,3+) or 0% if loan is repaid in last month of scheduled term. PRODUCT INFORMATION Additional loading may be applied to the interest margin as follows: Loan term available: 3 years Repayment: Loans are offered on an interest-only basis Affordability: 110% of monthly payment amount (monthly pay rate) calculated after using a Libor stress of 1.0% Minimum trading period: None ADDITIONAL MARGIN LOADINGS House of multiple occupation - 0.35% Loans under £200,000 - 0.50% Classic and Complex credit - upon review Bullet Point Bullet Point Bullet Point PDF Product Sheet Button DOWNLOAD PDF PRODUCT SHEET

  • Flexible Bridging and Development products | From 0.84% | Funding 365

    VIEW OUR PROJECTS We specialise in highly competitive, unregulated bridging, light development and 3 year loans secured against a wide range of properties across England and Wales. ​ See below for information on each of our flexible products, or alternatively contact one of our dedicated underwriters directly for a quick indication on 0800 689 0650 or underwriting@funding-365.com Product Guide Headers PRODUCT INTEREST RATE LOANSIZE LOANTERM EXAMPLEUSES VIEWGUIDE LTV Residential Bridge Product Information RESIDENTIALBRIDGE Fr om 0.59% per mo n th F r om 0.69% per mo n th Up t o 60% Up t o 75% £100,000t o £10 million 3 t o 24 mo n ths ​ Pr operty pu r chase (including a t auction) R e furbishme n t D e v elopme n t Exit P or tf olio c onsolid at ion Stepped Rate Bridge Product Information STEPPED RATEBRIDGE 0.59% pm f or the fi r s t 6 mo n ths 1.2% pm f r om mo n th 7 £10 million 3 t o 18 mo n ths Buying or r e financing r eside nt ial p r operty R e furbishme n t D e v elopme n t Exit Short t erm c ash fl o w r equi r eme n ts Up t o 75% Light Development Loan Product Information Fr om 0.64% per mo n th F r om 0.69% per mo n th LIGHT DEVELOPMENT LOAN Up t o 65% (d a y one) Up t o 75% (d a y one) £5 million 3 t o 24 mo n ths PDR schemesHe a v y r e furbishme n t p r ojects P r operty c o n v e r sion t o r eside n tial Finish and e xit 3 Year Loan Product Information Fr om 6.74% per annum Up t o 75% 3 YEAR LOAN £10 million 36 mon ths Cr edit r epair Chan g e of use Business s t abilis a tion Commercial Bridge Product Information COMMERCIALBRIDGE Fr om 0.59% per mo n th Up t o 75% £100,000t o £10 million 3 t o 24 mo n ths ​ Pr operty pu r chase (including a t auction) R e furbishme n t R e financing of m a turing de b t W orking c api t al f or y our business PRODUCTS TRANSPARENT, FLEXIBLE, BESPOKE VIEW OUR PROJECTS PROCESSES UNIQUELY SEAMLESS RESIDENTIAL BRIDGE From 0.84% pm up to 65% LTV From 0.89% pm up to 75% LTV £100,000 to £10 million loan size 3 to 24 months loan term Example Uses: Property purchase (including at auction) Refurbishment Development Exit Portfolio consolidation VIEW GUIDE COMMERCIAL BRIDGE From 0.94% pm up to 65% LTV £100,000 to £10 million loan size 3 to 24 months loan term Example Uses: Property purchase (including at auction) Refinancing of maturing debt Working capital for your business - ​ VIEW GUIDE VIEW GUIDE LIGHT DEVELOPMENT From 0.84% pm up to 65% LTV (day one) From 0.94% pm up to 75% LTV (day one) £5 million loan size 3 to 24 months loan term Example Uses: PDR schemes Heavy refurbishment projects Commercial conversion to residential Finish and exit LIGHT DEVELOPMENT From 0.64% pm up to 65% LTV (day one) From 0.69% pm up to 75% LTV (day one) £5 million loan size 3 to 24 months loan term Example Uses: PDR schemes Heavy refurbishment projects Property conversion to residential Finish and exit VIEW GUIDE 3 YEAR LOAN From 6.74% per annum up to 75% LTV ​ ​ £100,000 to £10 million loan size 36 months Example Uses: Credit repair Change of use Business stabilisation VIEW GUIDE PROJECTS We provide funding for projects across all of England and Wales You can read about a few of our cases by clicking the button below. VIEW PROJECTS VIEW GUIDE STEPPED RATE BRIDGE 0.59% pm up to 75% LTV Loans of up to £10 million 3 to 18 months loan term Example uses: Buying or refinancing residential property Refurbishment Development exit Short term cash flow requirements LIGHT DEVELOPMENT From 0.64% pm up to 65% LTV (day one) From 0.69% pm up to 75% LTV (day one) £5 million loan size 3 to 24 months loan term Example Uses: PDR schemes Heavy refurbishment projects Property conversion to residential Finish and exit VIEW GUIDE STEPPED RATE BRIDGE 0.59% pm up to 75% LTV Loans of up to £10 million 3 to 18 months loan term Example uses: Buying or refinancing residential property Refurbishment Development exit Short term cash flow requirements VIEW GUIDE 3 YEAR LOAN From 6.74% pa up to 75% LTV £100,000 to £10 million loan size 36 months Example Uses: Credit repair Change of use Business stabilisation VIEW GUIDE PROJECTS We provide funding for projects across all of England and Wales You can read about a few of our cases by clicking the button below 3 to 18 months loan term Example uses: Buying or refinancing residential property Refurbishment Development exit Short term cash flow requirements VIEW PROJECTS PRODUCTS TRANSPARENT, FLEXIBLE, BESPOKE STEPPED RATE BRIDGE From 0.79% pm up to 60% LTV Loans of up to £10 million 3 to 18 months loan term Example Uses: Buying or refinancing residential property Refurbishment Development exit Short term cash flow requirements VIEW GUIDE FLEXIBLE 3-5 YEAR LOAN From 8.99% per annum up to 75% LTV £100,000 to £10 million loan size 36-60 months Example Uses: Credit repair Change of use Business stabilisation - VIEW GUIDE RESIDENTIAL BRIDGE From 0.84% pm up to 65% LTV From 0.89% pm up to 75% LTV £100,000 to £10 million loan size 3 to 24 months loan term Example Uses: Property purchase (including at auction) Refurbishment Refinancing of maturing debt Working capital for your business VIEW GUIDE COMMERCIAL BRIDGE From 0.94% pm up to 65% LTV £100,000 to £10 million loan size 3 to 24 months loan term Example Uses: Property purchase (including at auction) Refinancing of maturing debt Working capital for your business VIEW GUIDE LIGHT DEVELOPMENT From 0.84% pm up to 65% LTV (day one) From 0.89% pm up to 75% LTV (day one) £100,000 to £10 million loan size 3 to 24 months loan term Example Uses: PDR schemes Heavy refurbishment projects Commercial conversion to residential Finish and exit VIEW GUIDE STEPPED RATE BRIDGE 0.79% pm up to 60% LTV Loans of up to £10 million 3 to 18 months loan term Example Uses: Buying or refinancing residential property Refurbishment Development exit Short term cash flow requirements VIEW GUIDE BRIDGE TO 3 YEAR From 6.74% pa up to 75% LTV £100.000 to £10 million loan size 36 months Example Uses: Credit repair Change of use Business stabilisation VIEW GUIDE FLEXIBLE 3-5 YEAR From 8.99% pa up to 70% LTV £100.000 to £10 million loan size 36-60 months Example Uses: Credit repair Change of use Business stabilisation VIEW GUIDE VIEW OUR PROJECTS RESIDENTIAL BRIDGE From 0.84% pm up to 65% LTV From 0.89% pm up to 75% LTV £100,000 to £10 million loan size 3 to 24 months loan term Example uses: Property purchase (including at auction) Refurbishment Development Exit Portfolio consolidation VIEW GUIDE LIGHT DEVELOPMENT From 0.84% pm up to 65% LTV (day one) From 0.89% pm up to 75% LTV (day one) £5 million loan size 3 to 24 months loan term Example uses: PDR schemes Heavy refurbishment projects Commercial conversion to residential Finish and exit VIEW GUIDE COMMERCIAL BRIDGE From 0.94% pm up to 65% LTV £100,000 to £10 million loan size 3 to 24 months loan term Example uses: Property purchase (including at auction) Refinancing of maturing debt Work capital for your business - VIEW GUIDE STEPPED RATE BRIDGE From 0.79% pm up to 60% LTV Loans of up to £10 million 3 to 18 months loan term Example uses: Buying or refinancing residential property Refurbishment Development exit Short term cash flow requirements VIEW GUIDE FLEXIBLE 3-5 YEAR LOAN From 8.99% per annum up to 70% LTV £100,000 to £10 million 36-60 months Example uses: Credit repair Change of use Business stabilisation - VIEW GUIDE

  • 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, with over 80% of these graduates still with us. ​ 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 2022 ‘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 Nikhil Shah Senior Underwriter Krisha Karunananthan Underwriter Jon Brooks Senior Credit Officer Allegra Sykes Senior Relationship Manager Chris Alldridge Sales and Marketing Executive Katie Spitz Underwriter CONTACT US Tom Ffitch Underwriter Nick Hogan 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 Nikhil Shah Senior Underwriter Krisha Karunananthan Underwriter Katie Spitz Underwriter Chris Alldridge Sales & Marketing Executive CONTACT US Tom Ffitch Underwriter Nick Hogan Underwriter

  • Funding 365 | Fast Bridging loans with Low Rates

    OUR APPROACH Lightbulb Magnifying Glass Fair logo EXPERT FAST BESPOKE HONEST AFFORDABLE FAIR We are specialists and know bridging finance inside out With principal-led funding and a focus on exceptional service, we deliver transparent loans with highly competitive rates at a speed that cannot be beaten. Our mandated underwriters aim to provide credit-backed terms in just one hour. We tailor-make each loan to the individual requirements of the client. Our cost structure is always straightforward, transparent and made clear upfront We offer some of the lowest interest rates in the market, with no admin or exit fees. We reject ERCs and believe in rebating interest on a daily basis for loans repaid early. Money Bag Cogs Stopwatch With principal-led funding and a focus on exceptional service, we deliver transparent loans with highly competitive rates at a speed that cannot be beaten. Mid-term mortgages for residential investment and commercial properties. For heavy property refurbs incl. extensions, conversions, PDR schemes and finish & exit. 75% LTV residential bridging with a stepped interest rate and no exit fees or ERCs. Stepped Rate logo For purchase, refinance and / or refurb of commercial and mixed use properties. Residential bridge logo RESIDENTIAL BRIDGE For purchase, refinance and / or refurbishment of residential properties. 3 Year Loan logo Commercil bridge logo OUR PRODUCTS We specialise in bespoke, unregulated loans for up to 36 months secured against a wide range of properties across England and Wales. We provide up to £10 million and up to 75% LTV and our interest rates start at 0.84% per month. Light Development logo COMMERCIAL BRIDGE LIGHT DEVELOPMENT STEPPED RATE BRIDGE 3 YEAR LOAN LEARN MORE LEARN MORE LEARN MORE LEARN MORE LEARN MORE LEARN MORE WELCOME TO EXTRAORDINARY BRIDGING Funding 365 is one of the UK’s largest independent bridging lenders. We believe in transparency and fairness, and combine highly competitive, tailored funding solutions with award-winning service. OUR PRODUCTS We specialise in bespoke, unregulated loans for up to 36 months secured against a wide range of properties across England and Wales. We provide up to £10 million and up to 75% LTV and our interest rates start at 0.84% per month. RESIDENTIAL BRIDGE COMMERCIAL BRIDGE LEARN MORE LEARN MORE From 0.94% pm From 0.84% pm LIGHT DEVELOPMENT LOAN STEPPED RATE BRIDGE LEARN MORE LEARN MORE From 0.84% pm From 0.79% pm FLEXIBLE 3 YEAR LOAN LEARN MORE From 9.99% pa COMPARE PRODUCTS OUR APPROACH With principal-led funding and a focus on exceptional service, we deliver transparent loans with highly competitive rates at a speed that cannot be beaten. EXPERT FAST We know bridging finance inside out Credit-backed terms in one hour BESPOKE HONEST Each loan is tailor made to suit the client's needs Transparent, straightforward cost structure AFFORDABLE FAIR Some of the lowest interest rates, with no admin or exit fees We reject ERCs. Interest is rebated on a daily basis for loans repaid early TESTIMONIALS See what our clients have to say.

  • Reducing Our Environmental Impact | Funding 365

    ENVIRONMENT DOING OUR BIT Trees remove carbon and slow the climate crisis. The inspirational team at Protect Earth are committed to working with environmental organisations to plant trees to increase native British tree cover across England and Wales. We're proud to support them, including our pledge to fund a UK tree for each loan completed. As of July 2022, we have funded over 500 trees. ​ You can find out more about Protect Earth here OUR TREE PLEDGE Everyone at Funding 365 is committed to reducing the impact of our working lives on the environment. Steps that we've taken include: WORKPLACE SUSTAINABILITY PAPER: We've drastically reduced the use of paper in our office. Now 100% of our filing and 98% of our correspondence is digital. PLASTIC: Single use plastic is minimised through the use of reusable containers, such as glass milk bottles and metal cups. RECYCLING: Recycling bins are readily available and a designated member of the team ensures that they are being used correctly. ENERGY SUPPLY: Our office building is supplied by 100% green energy. TRAVEL: Storage space and showers are available to facilitate our staff cycling, scooting, walking or running to and from the office. At present, 20% of our team commute at least in part by cycling, scooting, walking or running. All other travel to and from the office is 100% public transport. Like you, we believe that it’s important that everyone plays their part in protecting our planet for future generations. At Funding 365 we're committed to reducing our negative impact on the environment and increasing our positive effect.

  • Bridging Loans for Resi Investment Houses | Flats | HMOs | Funding 365

    INTEREST RATES LOAN SIZES LOAN TERMS LOCATIONS Percentage Icon Clock Icon Location Icon 3 to 24 months Across England and Wales Money Bag £100,000 to £10,000,000 2 From 0.84% up to 65% LTV From 0.89% up to 75% LTV 1 LOAN USES FEES & CHARGES Tick Icon Buying or refinancing residential property Development exit and marketing Short term cash flow requirements Arrangement fee: 2% Procuration fee: 2% (taken from the arrangement fee) Exit fee: None Early Repayment Charge: None (interest rebated on a daily basis for loans repaid after the 3rd month) Tick Icon Tick Icon Tick Icon Legal fees: At market rate, provided upon application 5 Valuation fee: At market rate, provided upon application 4 Light to medium property refurbishment 3 Permitted securities: Unregulated residential properties, HMOs, buy to lets, student accommodation, holiday lets with no title restriction Tick Icon PDF Product Sheet Button DOWNLOAD PDF PRODUCT SHEET Residential Bridge Header RESIDENTIAL BRIDGE Cross Icon Land with or without planning Properties with adverse environmental conditions Farms or agricultural property First charge unregulated loans across England & Wales Residential short lease properties considered Adverse credit history considered UK residents and limited companies only This does not constitute an offer of financing. Heads of Terms and Loan Agreements will be provided by Funding 365 Limited on a case-by-case basis. Funding 365 Limited reserves the right to amend, suspend or terminate this product at any time and without notice. YOUR PROPERTY MAY BE AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Owner occupied property PRODUCT CHARACTERISTICS PROHIBITED USES Cross Icon Cross Icon Cross Icon 1. Interest can be paid monthly (in full or in part) or retained upfront. | 2. Larger loans considered upon application. | 3. Medium property refurbishment is defined as structural, conversion or extension work which does not: a) exceed the lower of 40% of the purchase prince of the property of £300,000; b.) include any work which involves any demolition or re-building of the property. | 4. Valuation fee is required up front. | 5. Legal fees will be deducted from the loan amount. Your lawyer will be required to provide our lawyer with an undertaking to pay all legal fees in full. Upon redemption of the loan a fee of £500 will be applied for the removal of the legal charge from the property. Bullet Point Bullet Point Bullet Point Bullet Point Bullet Point Adverse credit history considered LOAN SIZES £100,000 to £10,000,000 3 LOAN TERMS LOCATIONS 3 to 24 months Across England and Wales INTEREST RATE From 0.59% up to 60% LTV From 0.69% up to 75% LTV Interest can be paid monthly (in full or in part) or retained upfront LOAN SIZES £100,000 to £10,000,000 Larger loans considered upon application LOCATIONS Across England and Wales LOAN TERMS 3 to 24 months KEY INFORMATION Swipe across for key product information

  • 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 Talk to us 0800 689 0650 Email us Write to us contact@funding-365.com Funding 365 Limited, 30 Stamford Street, London, SE1 9PY. Mobile Phone Letter Opening Computer Screen Start a conversation Send us a message on Twitter or LinkedIn Twitter Logo LinkedIn Logo 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 contact@funding-365.com WRITE TO US START A CONVERSATION Funding 365 Limited, 30 Stamford Street, London, SE1 9PY Send us a message on Twitter or LinkedIn Twitter Logo LinkedIn Logo CONTACT US WE'D LOVE TO HEAR FROM YOU LOAN APPLICATION FORM

  • Transparent Terms | 5 Star Service | Funding 365

    HOW WE WORK The enquiry is received by our team and assigned to an underwriter, who will take responsibility for the case throughout the lifecycle of the loan. The case is reviewed and, if it meets our criteria, credit-backed terms are issued (usually within just one hour). If the client proceeds, they pay the valuation fee and the underwriting process begins. Our underwriter instructs the valuer and lender's solicitor whilst carrying out underwriting due diligence. Our underwriter manages the case, liaising with all parties, through to completion when the funds will be paid to the client (usually within 3 to 21 days, depending on the complexity of the case). 1. 2. 3. 4. 5. Checklist Computer Screen Magnifying Glass Scroll Briefcase 6. Computer with Headphones Our underwriter remains in contact with the client throughout the term, assisting with further drawdowns for works (if required), prepayments and the final repayment process. In order to deliver exceptional service for our clients we have developed a unique way of working. Our multi-tasking underwriters are empowered to take ownership of each case from initial enquiry through to completion. This means never being swapped from one department to another, no crossed wires and no delays. Just the certainty of straightforward solutions and a seamless, personal experience throughout. PROCESSES UNIQUELY SEAMLESS PROCESSES UNIQUELY SEAMLESS HOW WE WORK UNDERWRITING REQUIREMENTS

  • 1 Year Property Loans | Stepped Rate with No Exit Fees | Funding 365

    STEPPED RATE LOAN INTEREST RATES LOAN SIZES LOAN TERMS LOCATIONS Percentage Icon Clock Icon Location Icon 3 to 18 months Across England and Wales Money Bag 0.79% for the first 6 months 1.40% pm from month 7 1 £100,000 to £5,000,000 LOAN USES FEES & CHARGES Tick Icon Buying or refinancing residential investment property Development exit and marketing Short term cash flow requirements Arrangement fee: 2% Procuration fee: From 1.5% Exit fee: None Early Repayment Charge: None (interest rebated on a daily basis for loans repaid after the 3rd month) Tick Icon Tick Icon Tick Icon Legal fees: At market rate, provided upon application 4 Valuation fee: At market rate, provided upon application 3 Light to heavy property refurbishment 2 Cross Icon Commercial property Owner occupied property Farms or agricultural property First charge unregulated loans only Properties in England and Wales only Adverse credit history considered UK residents and limited companies only This does not constitute an offer of financing. Heads of Terms and Loan Agreements will be provided by Funding 365 Limited on a case-by-case basis. Funding 365 Limited reserves the right to amend, suspend or terminate this product at any time and without notice. YOUR PROPERTY MAY BE AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Borrowers looking for a loan for credit repair purposes PRODUCT CHARACTERISTICS PROHIBITED USES Cross Icon Cross Icon Cross Icon 1. Interest can be paid monthly (in full or in part) or rolled up and paid upon redemption | 2. Heavy property refurbishment is defined as structural, conversion or extension work which does not a.) exceed the lower of 75% of the purchase price of the property or £1,000,000; b) include any work which involves any demolition or re-building of the property. | 3. Valuation fee is required up front. | 4. Legal fees will be deducted from the loan amount. Your lawyer will be required to provide our lawyer with an undertaking to pay all legal fees in full. Bullet Point Bullet Point Bullet Point Bullet Point Bullet Point Bullet Point Bullet Point PDF Product Sheet Button DOWNLOAD PDF PRODUCT SHEET

  • Development Loans for Heavy Refurb | Conversion | PDR

    LIGHT DEVELOPMENT LOAN INTEREST RATES LOAN SIZES LOAN TERMS LOCATIONS Percentage Icon Clock Icon Location Icon 3 to 24 months Across England and Wales Money Bag £200,000 to £5,000,000 From 0.84% up to 65% LTV From 0.89% up to 75% LTV 1 LOAN USES FEES & CHARGES Tick Icon PDR schemes Heavy property refurbishment and extension Property conversion to residential/HMO Arrangement fee: 2% Procuration fee: 2% Exit fee: None Early Repayment Charge: None (interest rebated on a daily basis for loans repaid after the 3rd month) Tick Icon Tick Icon Tick Icon Legal fees: At market rate, provided upon application 4 Valuation fee: At market rate, provided upon application 3 Finish and exit 2 Cross Icon Property with potential environmental contamination Farms or agricultural property Ground up developments and land Properties in England and Wales only Adverse credit history considered UK residents and limited companies only This does not constitute an offer of financing. Heads of Terms and Loan Agreements will be provided by Funding 365 Limited on a case-by-case basis. Funding 365 Limited reserves the right to amend, suspend or terminate this product at any time and without notice. YOUR PROPERTY MAY BE AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Owner residing above semi-commercial property PROHIBITED USES DEVELOPER INFORMATION Cross Icon Cross Icon Cross Icon 1. Reductions in interest rates are available for larger loans on a case by case basis. Gross LTV is calculated using the gross loan amount divided by the lower of the purchase price and valuation. Valuation is typically the OMV, although other measures may be used on a case-by-case basis. Higher LTVs are available with the provision of additional security (first charge basis). | 2. Must be wind and watertight. | 3. To be paid upfront. | 4. Legal fees will be deducted from the loan amount. Your lawyer will be required to provide our lawyer with an upfront undertaking to pay all legal fees in full.. | 5. At least 3 previously completed development / refurbishment projects over the past 3 years. Bullet Point Bullet Point Bullet Point Bullet Point Minimum developer profit: 15% profit on cost for experienced borrowers /20% profit for new borrowers 5 Bullet Point Funding provided up to 100% CoW up to 65% LTGDV PDF Product Sheet Button DOWNLOAD PDF PRODUCT SHEET

  • Property Purchases | Auctions | Refurbs | Developments

    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 LOANS Fundraise on a portfolio of 35 houses £2m | 75% LTV | 0.67% per month Purchase of 8 apartments £1.3m | 75% LTV | 0.67% per month Development exit of 50 apartments £7.2m | 75% LTV | 0.69% per month MORE INFO MORE INFO Auction purchase of 2 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 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 5 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 2 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 MORE INFO MORE INFO Purchase of 8 apartments £1.3m | 75% LTV | 0.67% per month 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 Semi-commercial purchase £225,000 | 63% LTV | 0.74% per month MORE INFO Purchase of vacant office unit £143,000 | 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 5 bed house £394,000 | 75% LTV | 0.69% per month MORE INFO MORE INFO PROJECTS OUR PRODUCTS IN ACTION MORE INFO 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 MORE INFO To find out more about our residential bridge product, click the link below Development Exit of 50 apartments £7.2m | 75% LTV | 0.69% per month MORE INFO PRODUCT To find out more about our commercial bridge product, click the link below Semi-commercial refinance £1.9m | 65% LTV | 0.72% per month MORE INFO PRODUCT MORE INFO PRODUCT To find out more about our light development product, click the link below Conversion of a dilapidated industrial unit £625,000 | 50% LTV | 0.69% per month

  • Short Term Loans for Offices | Retail | Semi-commercial | Funding 365

    INTEREST RATES LOAN SIZES LOAN TERMS LOCATIONS Percentage Icon Clock Icon Location Icon 3 to 24 months Across England and Wales Money Bag £100,000 to £10,000,000 2 From 0.94% up to 65% LTV 1 LOAN USES FEES & CHARGES Tick Icon Buying commercial property incl. at auction Refinancing of maturing commercial debt Working capital for your business Arrangement fee: 2% Procuration fee: From 2% Exit fee: None Early Repayment Charge: None (interest rebated on a daily basis for loans repaid after the 3rd month) Tick Icon Tick Icon Tick Icon Legal fees: At cost, provided upon application 5 Valuation fee: At cost, provided upon application 4 Light to medium property refurbishment 3 Permitted securities: Commercial properties, HMOs, buy to lets, student accommodation, holiday lets with no title restriction Tick Icon Cross Icon Vacant property in disrepair Property with potential environmental contamination Farms or agricultural property First charge unregulated loans only Properties in England and Wales only Adverse credit history considered UK residents and limited companies only This does not constitute an offer of financing. Heads of Terms and Loan Agreements will be provided by Funding 365 Limited on a case-by-case basis. Funding 365 Limited reserves the right to amend, suspend or terminate this product at any time and without notice. YOUR PROPERTY MAY BE AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Owner residing above semi-commercial property PRODUCT CHARACTERISTICS PROHIBITED USES Cross Icon Cross Icon Cross Icon 1. Our 0.69% product rate is only available to properties with either (i) a blue chip tenant on a lease with five or more years remaining (no breaks); or (ii) more than seven individual tenants where rental income is relatively equally spread and a history of occupancy is available. Interest can be paid monthly (in full or in part) or rolled up and paid upon redemption. Gross LTV is calculated using the gross loan amount divided by the lower of the purchase price and valuation. Valuation is typically the OMV, although other measures may be used on a case-by-case basis. Higher LTVs are available with the provision of additional security (first or second charge basis). | 2. Larger loans considered upon application. | 3. Light to medium property refurbishment is defined as having no planning permission requirements. | 4. Valuation fee is required up front. | 5. Legal fees will be deducted from the loan amount. Your lawyer will be required to provide our lawyer with an undertaking to pay all legal fees in full. Bullet Point Bullet Point Bullet Point Bullet Point Bullet Point Bullet Point Bullet Point PDF Product Sheet Button DOWNLOAD PDF PRODUCT SHEET INTEREST RATE From 0.69% up to 75% LTV 1. Our 0.69% product rate is only available to properties with either (i) a blue chip tenant on a lease with five or more years remaining (no breaks); or (ii) more than seven individual tenants where rental income is relatively equally spread and a history of occupancy is available. Interest can be paid monthly (in full or in part) or rolled up and paid upon redemption. Gross LTV is calculated using the gross loan amount divided by the lower of the purchase price and valuation. Valuation is typically the OMV, although other measures may be used on a case-by-case basis. Higher LTVs are available with the provision of additional security (first or second charge basis). LOAN SIZES £100,000 to £10,000,000 Larger loans considered upon application LOCATIONS Across England and Wales LOAN TERMS 3 to 24 months KEY INFORMATION Swipe across for key product information COMMERCIAL BRIDGE