Award Winning Bridging Loans

https://www.evolvefinance.co.uk/how-do-bridging-loans-in-scotland-work.html

Evolve Finance is a commercial finance brokerage based in Glasgow, we specialise in all types of property finance for Property Developers, Landlords and Investors.

We are free from the distraction of consumer personal mortgages and solely focused on bridging loans, property development finance and buy to let mortgages and re-mortgages for property developers, landlords and investors.

We offer innovative finance solutions and welcome complex cases, we back our experience to add value to any project.

Bridging loans are interest-only loans that are secured against the property or land that the borrower is buying or developing. They are usually repaid within 3 to 24 months, either by selling the existing property or by refinancing with a long-term loan.

How are Property Developments Financed? Development finance is designed to help with the purchase and build costs associated with a residential or commercial development project. Property development loans are usually for a period between 6 and 30 months with the capital loan and interest repayment coming from the sale proceeds or from re-financing the development loan upon completion to a longer term commercial loan.

Why are Below Market Value Bridging Loans Popular? The below market value bridging loan strategy is popular with developers and investors when buying property or land where the purchase price has been negotiated and agreed with a discount below the actual open market value. This can allow borrowing up to 100% of the below market value purchase price.

How do Limited Company Buy to Let Mortgages Work? Generally speaking, a buy to let mortgage for a company works in the same way as personal mortgage, however they are designed for use by limited companies and the title of the property being purchased will be registered in the name of the limited company. An SPV limited company that is set up solely for the purchase of property is the preferred purchase vehicle for buy to let mortgage lenders, although some of our lending partners will accept applications from trading companies in certain circumstances.

A deeper dive into evolvefinance.co.uk

1. What services does evolvefinance.co.uk provide?

Evolve Finance offers a range of financial services tailored for property ventures. These include award-winning bridging loans with competitive interest rates and LTVs, Open Market Value bridging loans for Below Market Value purchases, and finance products suitable for Buy to Flip and Buy-Refurbish-Rent-Refinance strategies. They also specialize in Limited Company Buy to Let mortgages and property development finance for various scales of developers and investors.

2. What assurances does evolvefinance.co.uk give about ensuring a high quality service or product?

Evolve Finance emphasizes its commitment to quality by offering market-leading interest rates and LTVs. They promise a swift decision in principle within 4 hours, ensuring quick completions. Their expertise in various property finance sectors further assures clients of their dedication to high-quality service.

3. What social proof is there that evolvefinance.co.uk have provided a quality service in the past?

The company mentions being "award-winning" in their bridging loans and property development finance sectors, indicating recognition in the industry.

Some reasons to choose evolvefinance.co.uk

Flexible Financing Options

This company offers a range of flexible financing options for property developers and landlords. Whether you need funding for a new development project or to expand your property portfolio, they have solutions tailored to your specific needs.

Competitive Interest Rates

One of the selling points of this company is their competitive interest rates. They understand the importance of keeping financing costs low, allowing developers and landlords to maximize their profits.

Quick and Efficient Application Process

With this company, developers and landlords can benefit from a quick and efficient application process. They prioritize speed and aim to provide a seamless experience, ensuring that you can access the funds you need without unnecessary delays.

Expert Advice and Support

This company prides itself on offering expert advice and support to property developers and landlords. Their team of professionals has extensive knowledge and experience in the industry, and they are ready to assist you with any questions or concerns you may have.

Flexible Repayment Options

When it comes to repayment, this company understands that flexibility is key. They offer flexible repayment options, allowing developers and landlords to choose a plan that suits their financial situation and cash flow.

Telephone

0141 328 3151 UK phone number

UK (Glasgow) based business - with over 30 years' experience - providing property finance services. Website includes details of services provided, work examples, terms and conditions, associations, full contact details.

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Signals of trust found on website

Full company contact address and
phone number found
Associations found
Terms and conditions found
Examples of work listed
Over 30 years' experience
Website secured by SSL certificate

Information on how we determine signs of trust

A Closer Look...

Evolve Finance presents itself as a trustworthy business offering award-winning bridging loans with competitive interest rates and LTVs tailored for property purchase and development projects. They highlight their capability to provide Open Market Value bridging loans for Below Market Value acquisitions, making them suitable for various property strategies like Buy to Flip and Buy-Refurbish-Rent-Refinance. A notable feature is their promise of a decision in principle within 4 hours, emphasizing swift completion. Additionally, they specialize in Limited Company Buy to Let mortgages, emphasizing the benefits of 100% mortgage interest relief and lower Corporation Tax rates on profits. Their expertise in property development finance and buy-to-let finance further solidifies their position in the market.