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Old 22-09-2010, 03:34 PM
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Default Financing a property
Hello all

I need some pointers on getting a mortgage for a development project , i need to find financing specifically tailored for property development i.e with no early repayment penalties? has anyone got any info on this please

many thanks
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Old 23-09-2010, 09:26 AM
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Default Re: Financing a property
It would be useful to know what your background is, your current asset and liabilities and what type of property projects you wish to get involved in.
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Old 26-09-2010, 12:50 PM
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Default Re: Financing a property
I have two properties, one has a residential mortgage and one has a buy to let mortgage, the mortgages account for about 60% of both of them. I have the 25% i need to put down on the next one. This will be the first property I have bought for a quick turn around so I need info on the the best mortgages for this type of purchase, i.e no tie ins
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Old 02-10-2010, 06:50 PM
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Default Re: Financing a property
If you are looking to continue buying properties for a quick turn when the ERC might not be so painful as you can often transfer the mortgage to the next property for a small(ish) admin charge.

Good luck
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Old 21-10-2010, 08:01 AM
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Default Re: Financing a property
Have you thought about bridging finance? We sometimes use this method as it`s quick and the fees are not too bad if it`s only for 6mths or so.
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Old 28-10-2010, 08:38 PM
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Default Re: Financing a property
Would recommend you see a mortgage advisor, or even two, always trust the professionals as they will guide you in the right direction.
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