Funding a development project is one of the hardest loans to find at a competitive rate as a few high street banks have had this area sewn up for years, However, with the emergence of new challenger banks, there are many more options available.
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Mr M had found a property in London requiring full refurbishment and some structural works. Once complete the value of the finished property would be significantly higher. In addition, there were party wall and lease issues.
Because of our expertise in the commercial arena we were quickly able to organise financing of 75% of the GDV.More info
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JLM Mortgage Services Ltd is registered in England, No. 470 1803. Registered office: JLM Mortgage Services Ltd, 21a Churchyard, Hitchin, Hertfordshire SG5 1HP. Registered company number 04701803. Registered in England & Wales.
JLM Mortgage Services Ltd is authorised and regulated by the Financial Conduct Authority, (FCA). We are entered on the Financial Services Register No: 300629 at https://register.fca.org.uk/.
The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain, and you are not satisfied with our response to your complaint you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows:
The Financial Ombudsman Service Exchange Tower, London, E14 9SR Tel: 0800 023 4567 or 0300 123 9 123 www.financial-ombudsman.org.uk
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