July 31, 2018
July 31, 2018
Loan: Second Charge Mortgage
Amount: £35,000
Here's how we helped one of our broker's customers fund a home improvement project in just 7 days from the application being received from the customer:
A client was introduced to Enterprise Finance needing £35,000 for funding home improvements. This included replacing the roof, rebuilding the staircase and converting the loft into an en-suite bedroom - transforming the property from a 2-bed to a 3-bed house.
The client had existing equity in their first charge mortgage and did not want to raise additional finance through a further advance or a remortgage due to high redemption penalties.
In just 7 days...
The client received their funds - a £35,000 Second Charge mortgage... as simple as that.
With rates from 3.73%, LTV up to 95% and lending criteria up to £2m – Second Charge mortgages can be used for a wide variety of reasons, and clients. So why not contact us now?
For a quick chat, a meeting to discuss opportunities, or a more complicated deal on your desk – drop us a line or give us a call today on 020 8731 5333.
This information is intended for professional intermediary use only and must not be distributed to potential customers.
Enterprise Finance Ltd is authorised and regulated by the Financial Conduct Authority. Firm Reference Number: 302964. Certain types of loans are not regulated, for example loans for business purposes or certain buy-to-lets. Enterprise Finance Ltd is registered with the Information Commissioners Office.
Registration Number: Z6765361 Enterprise Finance Ltd is registered in England and Wales. Company Number: 04440152. Registered Office Address: The Edward Hyde Building, 38 Clarendon Road, Watford, WD17 1JW.
This information is intended for professional intermediary use only and must not be distributed to potential customers