FacilitiesProperty Finance
Property Finance
Funding11 arranges short-term property finance for investors and developers. Both facilities are secured against property and decided on the specifics of the asset, so neither produces an automated figure.
from £150,000
For a single transaction with a date on it: an auction purchase, buying before selling, releasing equity, or a deal another lender has pulled out of. Repaid on sale or refinance.
Size is decided on the asset and the exit.
from £250,000
For investors who already hold property. A facility drawn against its equity, available when a purchase comes up rather than arranged after it.
Draw, repay and draw again, with interest only on what you draw.
Residential property held as an investment, not lived in.
Offices, retail, industrial and other commercial property.
Commercial and residential in one building, such as a shop with flats above.
Houses in multiple occupation.
Land that has planning permission.
Land without it, assessed on the exit like any other case.
Both facilities are for property held for business or investment purposes, by an individual or a property company (an SPV). We lend across the UK; Northern Ireland is harder for every lender, and we tell you early where a case is affected. A property you live in is a residential mortgage, and we do not arrange those.
On the property and the exit, not on turnover. What it is worth, what is already secured against it, and how the borrowing is repaid.
The exit has to be firm: a sale or a refinance with evidence behind it. Loan to value follows the property and how complex the deal is, so there is no standard figure, and it is confirmed after valuation.
What it is, what is happening to it, and how it is repaid.
Not a panel. Indicative terms come back, and they are not final until after valuation, which is why the lending partner matters.
The valuation fee only arises once you have seen indicative terms and chosen to go ahead.
Around 28 days from submission to completion on a bridge, and a case with a hard date is run against it.
Our fee is agreed with you up front. The valuation fee comes later, after indicative terms. Rates depend on the property and the lending partner.
The documents for the deal: whatever you are buying or hold, which depends on the case. We run our own due diligence, so you are not asked to prove everything at the start.
Tell us the property, the transaction and the date it has to happen by.
Secured against property. Property given as security may be repossessed if repayments are not maintained.
Facility
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