Secured Property Finance in Luton
Obtain urgent, direct deals and fast completions with private lender financing that is non-complicated.
Lending Experts for Luton
The property market in Luton shifts rapidly as a result of the strong demand for commuter properties, consistent rental activities and the economic influence of the airport. Housing that is conveniently located in Leagrave, family homes in Bushmead, as well as student accommodations near the University of Bedfordshire tend to get a lot of views within a very short span of time after they go on sale.
With a bridging loan you can still make the right move, secure the property that you want and be the first to close, while others take their time in arranging finance of a slower nature. Since the decisions are on our own lending lines, we center our operations on speed, communication, and a predictable process from start to finish.
What we offer
- Loans ranging from £10,000 to £500,000
- Immediate decisions, usually within 4 hours
- Money available, usually within 48 hours
- Easy application procedure
- Loans against residential property
- Loans for commercial properties
- Short-term business capital
- Auction property lending options
Fast approved bridging finance in Luton
Once you make an enquiry, the work of coordinating all the steps that are required to keep the application running smoothly gets underway. We are in charge of the valuations and also talking with solicitors and lenders. We do this so that you wouldn’t have to keep on calling or emailing different people asking for a progress update. You also get very prominent updates during the whole process and are always aware of which stage your application is at.
By and large, the innovative community of Luton allows purchasers and landlords who are prepared to spend quickly to tap into the most profitable opportunities that the region has to offer. In case you are buying before selling, wrapping up a purchase at an auction, or taking the first step towards a refurbishment project of your property that you intend to sell, we are there to make sure the funding side is easy and fast. We aim to eliminate all the waiting in between and only deliver funds when it corresponds to your timetable so that you have the capcity to make use of the opportunities that are still there.
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 bridging loan in Luton is £125,000
Use the calculator below to assess your potential borrowing capacity and repayment ability.
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 example uses for bridging loans in Luton
- Obtaining off-campus housing for students close to the University of Bedfordshire
- Buying new homes for the family in Leagrave, Bushmead or Wigmore
- Paying for a refurbishment project before getting a new mortgage
- Using a bridge loan to cover the period between the sale of one property and the purchase of another
- Investing in commercial units near the airport employment zone
- Finalising auction purchases with strict completion deadlines
- Helping the local businesses to grow within the Luton area
- Making the conversion of older homes for rental accommodation purposes in a modern style
Areas we serve for Luton
- Leagrave
- Bushmead
- Wigmore
- Stopsley
- High Town
- Limbury
- Dallow
- Round Green
- Bury Park
- Marsh Farm
- Farley Hill
- Lewsey
- Sundon Park
- Bramingham
- Lewsey Farm
- Park Town
- New Town
- Chaul End
- Luton Airport
- Luton Town Centre
“I was short of £192,000 to finish a property purchase in Bushmead which was before my onward chain. Thanks to the team for making everything so transparent and moving fast so that I did not lose the purchase.”
Priya Kaur – Homebuyer, Bushmead
“I managed to raise £79,500 to ease cash flow during the expansion of my repair garage near Lewsey. There was consistent communication and the application ran smoothly without delays.”
Darren Cole – Business Owner, Lewsey
“I got hold of £310,000 for a refurbishment project in Stopsley. Goldhill Finance was very understanding of the time frame and released the money exactly when it was needed by the contractors.”
Alan Matthews – Property Developer, Stopsley