Mortgage guide
Can I get 100% loan to value on a non status bridging loan?
Being asset based a lot of these lenders will of course look at the exit, if sale, then the underwrite will be heavily upon the valuation which will consist of confirming the property is either below market value, or there is enough equity in your main residence or other buy to lets to secure against.
Can I get 100% loan to value on a non status bridging loan?
Yes.
Being asset based a lot of these lenders will of course look at the exit, if sale, then the underwrite will be heavily upon the valuation which will consist of confirming the property is either below market value, or there is enough equity in your main residence or other buy to lets to secure against. For below market value transactions, we work with lenders that may lend up to 85% of the open market value of a property, if that figure is over 100% of the purchase price then you might be able to get 100% funding without additional security.
Talk it through with an adviser
Speak to a Mortgage Lane adviser about your circumstances and the next steps.
