Flip loans
Our flip loans are ideal for borrowers who are looking to secure additional funding to complete refurbishment works across residential, semi-commercial and commercial property types.
Offering significant cost-saving benefits, it removes the need for your borrower to restart their application. Having already provided the initial bridge, we can use borrower’s existing identification to speed up the process, if the flip loan is within 6 months of their initial loan term.
75% LTV
at 0.99%
12-month bridge
+ 18-month refurb
Loan size:
£100k-£5m
Key features
- Flexible payment options
- Reduced title insurance fee
- No minimum term on initial purchase bridge (if flip loan is taken)
- Existing identification utilised, if within six months of initial loan term
- No exit fees on light and medium refurbishment works*
- Fast turnaround
- Quicker underwrite process
- Legal costs included
- Facility fee only charged on the uplift on new funds
Let's start a conversation
David Weir
National Account Manager
Scotland,
North of England, and London
07810 235 763
Sam Lea
National Account Manager
Midlands,
South Wales, and South of England
07774 809 330
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*0.5% exit fee applied to heavy refurbishment