It can also be used to release equity quickly for debt consolidation, business injection, purchase investment properties and home improvements. High street lenders generally work off the discounted purchase price when assessing their advance levels. We always work off the Market Value of the property so this is advantageous for the client when purchasing at a discounted price or a sale at a price under the Market Value of the property.
Self build clients often under budget their completion costs and find they run out of money prior to the installation of the kitchen and bathroom. Most mortgage lenders will not lend against such properties as they are deemed "un-inhabitable".

Criteria
• Market Value
• 80% (subject to criteria)
• Multiple properties
• Timber / Steel framed
• Council flats • Barn Conversions
• Buy To Let
• Auction
• Family purchases
• Builder/vendor gifted deposits