Commercial Mortgages

In certain situations we can offer business finance for 100% of the purchase price (or 80% of the property value, whichever is lower) this would be in the form of a closed commercial bridging loan. This would only be available to customers after they have exchanged contracts. Open commercial bridging loans (which available before completing) are available for up to 75% of the property value.

Credit issues such loan defaults, county court judgements, and mortgage defaults are sometimes accepted.
Self Certification or Non status mortgages are available to customers without proof of income.

Bridging Loans are available for the following purposes

1. Bridging Loans to Purchase property at Auction. - In many cases auction deals require buyers to complete within 21 days therefore it is imperative to for a company get financing in place to buy the property before financing can be available from a conventional bank.

2. Commercial Bridging Loans - We can offer commercial brdign loans on all types of commercial property. It can be a property that you already own or one that you plan to purchase. In addition loans are available for a variety of other purposes which include business expansion, cash-flow, or even to pay taxes.

3. Bridging Loans for Credit Repair. If one has credit problems like arrears or CCJ, Focusnet may be able to offer you a non status bridging loan.

4. For land purchase - We can arrange loans secured on land with or without planning permission, including agricultural land.

5. Non-Status Briding Loans- These are also available for any type of property including land up 65% of any asset value. In many cases income proof is not required and we cater for most credit problems including bankruptcy.

6. Bridging Loans for Property Refurbishment - A bridging loan is often the only method of funding a property in need of refurbishment as most banks require properties to be in very good condition prior to the release of funds.