A management team with combined experience in property development, lending and banking who are comfortable with even the most complex deals.
Stretton Capital was founded in November 2016 and specialises in both bridging and development finance. Funded by their ultra-high net worth (UHNW) founders, Stretton have the autonomy to make all decisions in-house and with this comes speed of delivery. Every single enquiry is judged on its own merits and the team aim to have a decision in principle sent to the borrower within 24 hours.
Interestingly, if the team at Stretton like an asset, like the potential borrower, the numbers, and the exit strategy then the rates they charge reflect these facts. Put simply they don’t have different interest rates or indeed loan to values (LTV’s) for different asset classes. This methodology can have a very positive impact on the competitiveness of their rates and for the customer give a big boost to their bottom-line profit.
Lending across England and Wales they are happy to take residential, commercial, and industrial property as well as purely land with or without planning as security. Stretton have also helped many borrowers complete a wide range of ‘ground up’ development projects and will happily fund 100% of all build costs including all professional fees. They will also help borrowers who are looking for their next development opportunity, funding land with planning up to 70% current value. With a simple process, competitive interest rates and LTV’s it’s an added bonus that their decision makers are available 7 days a week!
A bridging loan is a short-term loan secured against property. It allows you or your business to “bridge a gap” until either longer-term finance can be arranged, or the underlying security or other assets can be sold.
Bridging loans can be used for a wide variety of purposes. Perhaps the most common purpose is to allow you to buy a new home or business premises before you have sold your existing property. They can also be used by investors to buy property at auction, landlords to acquire buy-to-lets, developers to acquire and renovate properties and businesses to raise working capital. There are a myriad of different uses and Bridging.com can help to find the best loan for you.
Loans generally range from £10,000 to £50M with smaller or larger amounts provided on an exceptional basis. The value and equity within the property or properties you are securing against will determine how much you can borrow. The maximum loan to value (LTV) currently offered by most lenders ranges between 65-80%
Bridging.com can help you secure a bridging loan tailored to your own unique circumstances in a matter of days. We can guide you through the entire process from initial enquiry to funds being released in the shortest possible timeframe.