A bridging loan is a short-term loan that allows you to buy a new home before the sale of the previous one. If you don’t know how does a bridging loan work, the loan term lasts for a period of 12 weeks to 12 months and you can typically borrow from 75% to 85% of […]
With the current state of the economy, securing large sums of money for tax payments and property purchases isn’t easy. A bridging loan is secured against the value of your property and without regard of your credit scores. However, as great as that sounds, bridging loans do come with their fair share of issues, like […]
Deciding to buy commercial property is a big step. It may be to expand a business, invest to receive a constant income, or invest more in real estate. Commercial buying is not that of buying a house. They involve more complicated loans, banks have stricter checks, and you require more analysis of your finances. The […]
A mortgage calculator can feel like your best friend when you are planning to buy a home. Type in a few numbers (home price, down payment, interest rate) and boom, you get a monthly payment! Easy, right? There is a scary hidden aspect of this, though. Most people don’t realize that a simple calculator hides […]
If you have been wondering how property investors manage to balance the profits and taxes efficiently, then you are not alone. There are many landlords and business owners who are exploring Business Buy to Let Mortgages as a strategic way to grow their property portfolios while cutting down on their overall tax burden at the […]
So, you have found the perfect plot of land that is just waiting to be transformed into something amazing. You are pumped up, but you don’t know how to pay for it. Property development can be exciting, but it requires a lot of money up front. Thanks to property development finance, you can now relax. […]
A mortgage application typically takes 2 to 6 weeks from submission to final approval, though this timeline varies based on several factors. At Mayfair Commercial Mortgages, we understand that timing matters, especially when you’re planning property purchases for commercial ventures like demolition services. The entire process involves multiple stages: initial application review (3-5 days), […]
Applying for a commercial mortgage is a significant step for any business owner or investor. Unlike residential mortgages, commercial mortgages involve more complex requirements, detailed financial analysis, and stricter due diligence from lenders. One of the most crucial parts of the process is providing the right documentation. At Mayfair Commercial Mortgages, we help clients prepare […]
Property development is one of the most lucrative yet capital-intensive ventures in the real estate world. Whether you are constructing a residential complex from the ground up or converting a former office into modern flats, securing the right type of funding is critical. That’s where development finance comes in—a tailored financial solution designed to fund […]
Lenders offer property refurbishment finance for a short term. These loans are offered on specialised terms and conditions set by lenders. If you are looking for the refurbishment of your property to enhance living standards or resell it, property refurbishment finance can lessen the burden on your budget. If you are a property investor, landlord, […]
