News

There are a myriad of reasons why finance can often be required in weeks or even days; Auction Purchase, Unexpected Bill, cover the cost of Property Improvements, Purchase a new property before the existing one sells, consolidate Debts. However, there are also a number of ways to raise money and meet these requirements.

Bridging & Short-Term Finance

Omega work with a wide range of lenders and have access to exclusive terms to support all types of Client Situations and Requirements, including:

• From 0.45% per month
• Enhanced Commission
• Light or Heavy Refurbishment Projects

The key is tailoring lending terms available to meet deadlines and needs, whilst we work contemporaneously on the exit.

Examples of when a Secured Loan may be the most suitable option available:

• Funds needed quicker than a full remortgage allows
• High early repayment fees on the current mortgage
• A low rate on the existing mortgage that the borrower wishes to retain
• Recent credit problems mean re-mortgaging is not an option
• Even if remortgage is possible, a smaller secured loan may still work out cheaper

We also have solutions to assist clients who otherwise may believe funding wouldn’t be available to them:

• Adverse Credit
• Debt Management Plans – no need to repay, can be left in place
• Pay day loans considered
• Zero hour contracts accepted
• 2nd charge behind an equity release mortgage available
• No loan to income or debt to income restrictions
• No credit scoring – just a sensible, common sense approach to underwriting.

For more information or to speak to an advisor please contact our experienced Broker Team.