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Please go we don’t want you

We all understand why property is not flavour of the month for a lot of lenders with  bad debts, questions over values and a lack of demand for new build due to restrictions in mortgage lending, but we are seeing many long established landlords having their funding lines cut. The number of new clients we… Read More »

Bridging Loan in Devon £412,000

Bridging loan to Torquay based developer to repay existing development loan with another lender which had expired. Introduced to us by their residential broker.Negotiated with lenders to reduce the number of properties held as security thus maximising remortgage options and reducing the amount of interest charged. Agreed over a nine month term which was sufficient time… Read More »

Commercial Mortgage for a Day Nursery

We were introduced to a Cheshire based day nursery group. They had a recent history of low profitability and losses due to “tax planning”. They required a commercial mortgage to move premises as they had outgrown their current home. Due to the lack of profits in their accounts, they had been declined by several lenders.… Read More »

Searchlight Finance Limited is registered in England and Wales No.07929050 Searchlight Finance Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (http://www.fca.org.uk/register) under reference 743220. The FCA do not regulate Business Buy to Let Mortgages or most Commercial Mortgages and Bridging Finance. ICO Number Z3109319. Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.