Snowdon Property Finance provides funding solutions in five broad areas as listed below, however, we can also provide solutions for other types of financing, so please Contact Us to discuss your individual requirements.
Whether it is a residential or a commercial project that you're considering, we can help you to find the best funding solution for your financing needs. Some key questions for you to consider at the outset are whether you are looking for the cheapest fees and interest rate margins or looking to reduce your cash injection into a project. Perhaps you want the ability to build out more schemes than your current cash allows? Or are you considering mezzanine finance to help you to achieve your objectives? or are you willing to consider paying a higher return to borrow more money against the project?
Whether it's funding for a residential or a commercial investment project that you're seeking, we can help you to find the right solution for your funding needs. Firstly, we need to ascertain what your priorities are. Perhaps you want to maximise your Loan to Value? Or maybe you're looking for the cheapest fees and rates? Not sure? - We can help you to decide what option will work best for you.
Whilst market conditions have improved since the Credit Crunch, the more mainstream lenders have become a lot more selective in the type of transactions that they are willing to support.
The short term or bridging loan sector has expanded considerably as a result of loans being taken out against the freehold or long leasehold of a property. These type of loans should not be entered into lightly as they are expensive, however, they are very useful in circumstances where finance is required quickly and for short periods of time.
Mezzanine finance is supplementary funding secured behind a primary Bank lender that helps to top up a shortfall in development finance. The primary lender provides the 'senior debt’. There are still many lenders who are relucant to take aggressive views on the level of costs that they are willing to fund. However, provided that the development project is robust enough, the right level of mezzanine finance could allow you to still make a good return and spread your own equity across more schemes than you originally thought was possible.
The benefits of owning your own trading premises, rather than renting are hugely attractive - balance sheet strengthening, ultimate ownership of the underlying asset and not lining landlords' pockets, to name a few. There is good appetite from lenders to fund the acquisition of business premises, with more aggressive funding possible dependent on the strength and performance of the underlying business. Funding trading businesses has also attracted Government support with various incentives in place to make funding more attractive.
Alternatively if you're confused and don't know what type of funding is best for your requirements, Call or Email us and we'll be happy to help you cut through the jargon and have an informal chat to help you decide what is best for your needs.