No application fee
100% closed bridging at 0.5% + Legals @ £400+vat+disbursements. This covers your bridge purchase & remortgage.
Eg. £100k market value £82k your 18% BMV purchase £100k remortgage @85%LTV = £85k drawdown
To repay my £82k + 0.5% = £82,410 This then leaves you the balance of £2,590 to cover your costs making this NMD deal.
Out of £2,590 Legals inc. approx £1000 this may be less Valuation approx £300 This could give you cash out of approx £1200 - £1300
My Solicitor is an investor and is used to doing NMD conveyancing. I also have FEE FREE broker, again he is an investor, and knows what we all need.
Let me know loan details,so that I can reserve the finance for you. I AM READY TO GO.
Also will look at short term open bridging, and JV's
Bill Tregellas
william.tregellas@homecall.co.uk
