Mayfair Bridging The Fastest And The Best Short Term Finance Company
If you are looking for a fast approval on Short Term Finance then you should not look for different companies
. Mayfair Bridging is the faster short term company that can access and approve your application even just for a day. You do not need to submit much documentations or proof of billing, your criteria will be evaluated directly and you will talk to the one who will make the decision directly too, making the process fast and flexible if you want to justify your needs for a quick short term loan process.
The easiest criteria in short term loan processing
Mayfair Bridging offers very transparent criteria for you to be informed and be prepared. Their website is very clearly written with a lot of gist information for a potential lender like you. Though, you can always ask questions with their friendliest customer service representative that will assist all your questions and needs.
The criteria will give you the best underwritten experience when it comes to bridging. The Loan to Value or LTV will be based on the propertys open market value. You might not be considered if you want fixtures and fittings. Up to 65% LTV can be given for Investment residential property which is really good compared to others. In addition, up to 60% LTV for Refurbishment and 50% for Semi or fully commercial property.
Important things that you should know
You must be aware that this Bridging Loan company will lend you for the assessment of the properly you want to buy and not on the purchase price. The lowest valuable will be the discretion of the LTV if the assessment had been accomplished already. With regards to cost, you should be read for a 2% fee for the arrangement that will be done, thus, 0.5% to 2% it the interest that can be given for the
Bridging Loan.
If you are planning to purchase a property within England or Wales for any legal purpose, Mayfair can give you around 25,001 500,000 that you can pay within from 1 day to 9 months. A good deal that will secure you when you find a good property to buy. Thus, Mayfair does not just offer Bridging Finance for properties. You can also apply for other type of use like Overseas Property Acquisition, Facing Tax Liabilities, purchasing a Business, Inheritance & Probate or even Auction Property Acquisition. You can also apply this short term loan if you are planning to have a Renovation for your house.
Mayfair bridging will also connect you to a traditional type of loan services or the so called long term loan that will run for 15 to 35 years. This 2 types of loaning service is very well connection but both aims to help people achieve their goals whether it is a business or a properly they once dreamed of.
You can apply for your short term loan very easily with Mayfair, you can just download their enquiry form that you can download from their website and you will receive a reply back from your email within an hour.
by: Ima Johnson
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