how we help
Finance Bridging Finance Bridge the gap with short-term finance There are times when you need to make quick decisions. You may need to make a speedy property purchase or refinancing needs to be done quickly. Maybe you need to ensure you don’t lose your dream home while your property is sold. Maybe you need to take advantage of a great property opportunity. You’ll need short-term bridging finance to help you keep your development project or house purchase on track. Our experienced advisers can help you get your application for bridging finance right the first time – ensuring you get a speedy decision when you need it. We’ll work hard to find you the best and most transparent bridging finance deals on the market.
Auction Finance Don’t lose your deposit – get auction finance in place Auction goers will know that getting your finances in order is vital. It’s important that financing is in place before an auction, or immediately after it. Sometimes, however, opportunities must be seized and short-term auction finance is necessary to ensure you don’t lose your deposit and your purchase before your main finance kicks in. Our experienced advisers can help you make a speedy application for auction finance. We’ll help you get it right the first time – ensuring you get a quick decision when you need it. We’ll also work hard to find you the best and most transparent auction finance deals on the market. We could save you hundreds or thousands of pounds by getting you the right deal.
Some forms of commercial mortgages are not regulated by the financial conduct authority www.cornerstonefinance.co.uk
Got a question? Call 029 2166 0550 today
How it works Bridging Finance Purchase
Client looking to purchase their new residential property prior to their existing property being sold. Able to secure the full funding for the new purchase over both properties to enable the client to purchase and not miss out. The interest and fees are retained within the facility meaning that there is no monthly commitment and the full loan repaid from the sale of the existing property.
Development
Client looking to raise funds to complete on the purchase of an investment property that is 1) not in a mortgageable condition, or 2) requires planning consent for change of use. Able to secure a bridging loan over either the investment property only or by utilising a 2nd charge over their residential property to assist with the purchase and potentially renovation costs. The client is then able to 1) sell the property at the increased value, or 2) refinance the property based on the increased value once it has been tenanted.
What is it? - Auction Finance Auction finance is used to purchase properties at auction. It can be arranged extremely quickly and fits neatly into the purchasing timescales of the auction houses. There are three types of auction finance. These are:
Short term finance bridging loans
Buy to Let for auction properties
Commercial Auction Properties
Got a question? Call 029 2166 0550 today
Ensure you get the loan in place before the auction purchase final settlement date expires Looking for more information? Talk to our experts today! Call 029 2166 0550
www.cornerstonefinance.co.uk
Looking for more information? Talk to our experts today!
Get in touch Unit F, Upper Boat Business Centre, Pontypridd, CF37 5BP 029 2166 0550 info@cornerstonefinance.co.uk www.cornerstonefinance.co.uk
Cornerstone Finance is a trading name of Cornerstone Loans Ltd Registered in England & Wales No 08458702. Registered address: Unit F, Upper Boat Business Centre, Pontypridd CF37 5BP. Cornerstone Loans Ltd is authorised and regulated by the Financial Conduct Authority. FCA number: 767202.