Quick Loans On Property in Hull
Private lender funding is fast to arrange, which ultimately lead to quick deal completions.
Lending Experts for Hull
Hull locals love to snap up the best property deals in the area, and most are pretty much non-existent after a couple of days. Buyers and investors looking for properties in and around the Marina, the Fruit Market as well as rental areas like Beverley Road and Newland Avenue are in most cases forced to act on the spot.
So, with a bridging loan, you are able to move forward with the required speed. Hence, decisions from slower lenders and banks will not fit your remit here. Since we make our decisions by using our own lending lines, we are therefore very customer-first in nature as we put the focus on removing the roadblocks and keeping everything fast and in line with what was expected.
What we offer
- The loan sizes are between £10,000 and £500,000
- The selection process calls for decisions that are made without delay and within 4 hours
- Money will be available for withdrawal two days after
- The application requires only minimal formalities
- Secured loans on residential property
- Secured loans on commercial property
- Short-term business loan
- Fast finance for auction property purchases
Apply for a bridging loan in Hull
When you request information from us, the main thing for us is to decide the fastest route to the end of the transaction. We bring together all involved parties for the valuation, solicitor contacting and lender reviewing so that you don’t have to keep on checking for news and at the same time manage the procedures. You will always be informed of your current step as well as what has to be done next.
Hull is a city that only rewards people who take the initiative to make moves. Even if you are required to finish a purchase prior to selling, undertake a refurbishment project or fasten a property at auction, we make the funding process easy for you. We give funding at rapid rate, providing you with speed, clarity and reassurance to make you concentrate on the deal instead of the paperwork that accompanies it.
Homeowners
Place your home as a security to unlock vital funds that can help to stop chain delays or to carry out refurbishments on your building when cash is tight.
Developers
Borrow money over carefully planned out stages to bring your project to life. Great for commercial developments where management is key.
Commercial Investors
Secure the money needs to invest in new business locations, or to relocate current operations. Great for building or expanding investment portfolios.
Business owners
Navigate the day to day challenges of business more efficiently with fast capital injections. Good for stock replenishing or covering expenses.
The most popular loan in Hull is £155,000
Bridging Loan Calculator
Bridging: Indicative Quote
Total Security Value: £400,000.00
Gross Loan: £103,008.00
Gross LTV: 25.75%
Interest Rate: 0.84%
Breakdown
Arrangement Fee (2%): £2,000.00
Broker Fee (1%): £1,000.00
Total Interest: £10,080.00
Net Loan: £100,000.00
Legal Fees: £750.00
Valuation Fees: £380.00
Common uses of bridging loans in Hull
- Purchasing rental terraces near Newland Avenue and Beverley Road
- Obtaining contemporary apartments close to Hull Marina
- Transforming vintage houses into student accommodation
- Covering the difference between a sale and a new purchase
- Purchasing commercial units within local Enterprise Zones
- Finishing time-sensitive auction purchases
- Providing money for refurbishment or improvement projects before refinancing
- Helping business to extend to bigger industrial units
Hull locations we finance
- Kingswood
- Beverley Road
- Newland Avenue
- Cottingham
- Hessle
- Anlaby
- Sutton
- Bransholme
- Garden Village
- Derringham
- Sculcoates
- Drypool
- Victoria Dock
- Marfleet
- Willerby
- Stoneferry
- West Hull
- City Centre
- The Avenues
- East Park
“I borrowed £172,000 for my terrace project off Beverley Road while the buyer that was waiting on me to complete. The team was efficient throughout and everything went smoothly.”
Sophie Atkinson – Investor, Beverley Road
“Example Raising £84,000 to move my workshop from Stoneferry. The whole ordeal was simple, fast and professionally managed from start to finish.”
Karl Hewitt – Business Owner, Stoneferry
“I was in need of £298,000 to complete the remodelling project in Hessle. Goldhill Finance grasped the situation and they were quick to hand over the funds without any interruptions.”
Daniel Robson – Property Developer, Hessle