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    Undervalue by mortgage company

    Hi Sharon, Sorry to hear this. I know a lender that will consider properties under £50k, however the rate will be higher than Natwest. Are you buying a house or flat? Will you look to renegotiate with vendor given property is worth £44k, not £50k initially agreed too?
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    Have you ever used bridging finance?

    Absolutely correct! Focus on the return of capital being invested, not just the headline rate. For example, my client/friend invested £20k to purchase short leasehold property below market value. The lender covered lease extension costs once the clients solicitor & freeholder agreed. Client...
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    Have you ever used bridging finance?

    All depends on the scenario, Bridging is a solution to get from A to B. - BMV (Below Market Value) Purchases: dealt with this a lot, bargains that standard term loan lenders wouldn’t consider as typically will go off Lower of purchase price / value. Some bridging lenders will consider using...
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    Buying a house for my mum

    I think you need to speak with an FCA Regulated Mortgage advisor who will be able to help. Products are out in the marketplace to cover this scenario however so much depends on the individual scenario that will require full fact find, assesssment & sourcing appropriate product whether that’s...
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    Buy to let mortgage with no minimum income

    mainstream lenders will have an issue with no income that cant be verified as they require provable income to cover void periods from regular income sources (not just lump sum). Do you own any other properties? (Ie main residence or buy to let property) And, did you inherited this property?
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