Whilst there continue to be restrictions in place which vastly impact lending criteria and Banks’ ability to complete on both new and pipeline transactions, we continue to progress and drawdown on new facilities across all sectors.
Bridging Finance still available – Omega continue to work with Bridging lenders during the Covid-19 crisis and are still placing funding with them.
Speak to Omega about how you can access the Government guarantee scheme available to business customers with a short to mid-term funding need.
As a result of diminishing returns and changes in tax legislation, clients have expanded their search beyond standard BTL seeking greater returns on their capital, and essentially looking to make their money work harder.
We now have access to completely non-status unregulated residential bridging starting at just 7.8% per annum. That means no proof of income, no bank statements, and unlimited adverse credit, provided there is a sensible exit route for the bridge finance.
New funding line available from one of our long standing lending partners – heavy refurbishment of residential property, 75% of current value and 100% of the cost of works available in many cases.
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