Fast Bridging Loans with Sunrise CommercialSunrise Commercial Finance is a Specialist Boutique Bridging Loans Brokerage who specialise in placing bridging finance at the best rates available in the market. Using the right broker is essential in making sure you access a lender sourced from wide range of lenders within the UK. Some of our niche lenders are not available to the general public and only accessible through brokers. Sunrise Commercial Finance will assess your requirement, source the most suitable lender for your circumstances and lead you though the application process.
Bridging Finance from £10,000 Upwards With No Upper LimitSunrise Commercial Finance can arrange finance from £10,000 upwards with no upper limit. Terms of the loan are generally up to 18 months although in certain circumstance this can be extended.
The loans we arrange are short-term finance secured on land, Buy to Let and commercial properties. Rates and associated charges tend to be higher than a normal mortgage to reflect the short-term nature of the loan. However, Sunrise Commercial Finance can provide competitive bridging loan rates from 0.49% per month. Our loans can be arranged for private individuals, landlords, sole traders, partnerships and limited companies
Commercial Bridging LoansCommercial Bridging Loans are secured on commercial property or land with loans possible up to 70% of the open market value, for some semi-commercial properties it may be possible to stretch to 80% of open market value. Terms of the loan are generally for 12-18 months.
Buy to Let Bridging LoansBuy to Let Bridging Loans are secured on both leasehold and freehold Buy to Let properties with loans up to 80% of open market value. This would be a gross amount. Where there is enough equity interest and fees can be added to the loan. Terms of the loan are generally for 12 months.
Properties that are unmortgageable can be used as security to borrow against in order that the property be brought up to an acceptable condition for a normal mortgage to be secured. Interest rates for loans start at 0.49% per month.
Rates Available from 0.49% per Month(rate correct at January 2018)
Loans are secured on property assets; land, Buy to Let or commercial, where funds can be released quickly with the minimum of fuss. As the loan is secured on the property asset then the borrower’s credit profile is not so relevant as for high street loans or mortgages. With sufficient equity in the property all fees except valuation fees can be added on to the loan.
As we are not affiliated to any one lender and have access to a wide range of lenders, we are able to find the best rate and cheapest overall loan for your circumstances. Unfortunately we are unable to arrange first charge loans secured on borrower’s principle residences.
Buy to Let Second Charge LoansWe can arrange Second Charge Loans secured on both commercial and Buy to Let properties. Buy to Let Second Charge Loans sit behind the first charge loan or mortgage. They are more expensive than fist charge loans as they are considered more of a risk.
The maximum loan is 75% of the value of the property less the existing loan including any redemption charges. The minimum loan is £10,000 with terms up to 12 months.
John Goodwin T/A Sunrise Commercial Finance 728476 is an Appointed Representative of Connect IFA Ltd which is Authorised and Regulated by the Financial Conduct Authority 441505.
The FCA does not regulate Business buy to let Mortgages and Commercial Mortgages to Limited Companies.
The guidance and/or advice contained within this website is subject
to the UK regulatory regime and is therefore primarily targeted at
consumers based in the UK.
There will be a fee for mortgage advice. Our typical fee is 1% of the mortgage amount.
Think carefully before securing other debts against your home, your commercial property may be repossessed if you do not keep up repayments on your mortgage.
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