BRIDGING FINANCE: KEY BENEFITS FROM ALLICA BANK
- Fast funding from £150,000 to £10 million
- Up to 75% LTV on residential and refurbishment
- Up to 70% LTV on semi-commercial and commercial
- Automated valuations on residential up to 70% LTV on purchases and up to 65% LTV on refinances
- Below market value purchases up to 90% of purchase price
Bridge to term – two products, one lender. A bridging facility that converts into a term loan automatically when agreed criteria are met – no need to refinance.
- The Stabiliser: £250k–£5m, from 6.45% pa
- The Improver: £500k–£5m, from 7.05% pa
Refurbishment funding – no drawdowns or monitoring. Simple, upfront funding for light refurbishment.
- Up to 85% LTV (residential), 80% LTV (semi-commercial)
- Up to 70% of final GDV
- Terms up to 18 months
- Loans from £150k–£2m
At 3mc, we have a team of expert advisers who can discuss all your mortgage requirements. If you would like to discuss your options, give the 3mc team a call on 0161 962 7800.
All calls are recorded for training and monitoring purposes. 3mc for intermediaries only.
*Your home may be repossessed if you do not keep up repayments on your mortgage. 3mc (UK) Ltd 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 302992. Please note: The FCA do not regulate Business Buy to Let Mortgages.
📱 0161 962 7800
📧 info@3-mc.com
🌐 www.3-mc.com
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