Residential property development mortgages are loans that are used to fund the construction of residential property. The developers use the funds to purchase land and build new homes. The developer will then sell the homes at a higher price than they paid for them, which will then help them make a profit.
Commercial property development mortgages are different from residential mortgages in the sense that they will be used to fund commercial properties. The main difference between the two would be that residential mortgages are mostly used for people who want to buy their own home, whereas commercial property development mortgages are usually given to developers who want to fund their own projects.
Bridging finance is a financial service that is provided by financial institutions to clients. The main aim of this service is to provide the client with an opportunity to quickly and easily access funds for a short period of time. The term "bridging finance" can be used in different contexts, such as bridging the gap between two loans or bridging the gap between two payments.
Property development mortgages are a type of mortgage that is specifically for the purpose of property development. These types of mortgages are available to those who own land and want to build a property on it.
Getting a mortgage for property development is not an easy task, but a mortgage broker can help. You will need to make sure you have enough funds to cover the down payment, and there are additional costs such as legal fees, building inspection fees, and more. You will also need to make sure that the property you are looking at has potential for development, is located in a good location, and meets all of the criteria necessary for construction.
The benefits of property development mortgages are as follows:
Working with banks and other specialist lenders, we can arrange for you the best property development mortgages in the UK at the most competitive rates.
We understand how important it is for you to get started as quickly as possible, so we offer quick processes to ensure that you’re never stuck waiting for a long time.
For our customers, we offer a no-fuss, no-hassle service. Our experts are always ready to answer any questions or enquiries that may arise.
You can apply for a mortgage with a lower deposit and lenders will provide you with the balance needed to fund your project.
We can try to arrange flexible repayment periods as well as fixed-rate or variable interest rates.
We take care of all the tedious paperwork, so all you have to do is arrange your finances!
Count Ready does all the work for you, from finding the best mortgage for your needs to providing ongoing aftercare – saving you time and energy so you can focus on what’s important.
We have a friendly team of fully qualified mortgage advisors who are dedicated to providing outstanding customer service. Our brokers are always on hand to answer any queries you may have about our services.
Count Ready can assist you in either building or purchasing. Whatever you decide to do with your property, we’ll provide expert advice and support to take your ambition from imagination to reality. Need some extra help? We work with more than 170 lenders to help finance your new project! Contact our team today.
We are a hybrid mortgage broker and protection adviser. However, we want to make it clear that we do not have physical branch offices everywhere in the UK. You can get our services over the phone, online, and face-to-face in some circumstances.
Please keep in mind that while we may not be local to you, we may still assist you. Imagine if you had a long-term health issue that needed to be addressed. Would you rather have the person who is closest to you or the person who is the best? Now is the moment to put that critical thinking to work in your search.
Legal
Count Ready Limited is registered in England and Wales, No: 10283205. Registered Address: Unit 10, Robjohns House, Navigation Road, Chelmsford, England, CM2 6ND.
Count Ready Limited is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/s/) under reference: 976111.
The FCA do not regulate some forms of Business Buy to Let Mortgages and Commercial Mortgages to Limited Companies.
The information contained within this website is subject on the UK regulatory regime and is therefore targeted at consumers based in the UK.
We usually charge fees of £595 on offer, but we will agree to our fees with you before we undertake any chargeable work. We will also be paid by commission from the lender.
Commission disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation. Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender. Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.
Disclaimer: All content on the Count Ready website can only ever provide general information and does not constitute financial advice. For this reason, we always recommend that you speak to authorised advisers for your needs. (Please be aware that by clicking onto any outbound links you are leaving the www.countready.co.uk. Please note that neither Count Ready or Connect IFA are responsible for the accuracy of the information contained within the linked site(s) accessible from this website.)
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