Bridging Loan Brokers Leeds

Providing Funding Solutions for Success

Hank Zarihs Associates are experienced financial intermediaries specialising in development and investment funding. We have the experience and expertise required to present your project in a format which will satisfy the lending institutions credit committees. Before we take a project forward we conduct due diligence which enables us to select the most appropriate lender for each project.

our services in Leeds

We are a professional bridging loan broker in Leeds, offering a range of professional services. Below, you will find the main services we can offer you.

  • Funding agreed in minutes
  • Unmortgageable property
  • No proof of income
  • Lending up to 80% LTV
  • No exits fees
  • All asset classes
  • Ground up and conversions
  • 100% of construction cost
  • 90% loan to cost
  • Whole blocks
  • HMO portfolio
  • All asset classes
  • Loans up to 70% LTV
  • Rates from 8.99% Pa
  • Low Exit Fees
  • Loans from £250,000 to £10m
  • To purchase residential or
    commercial property quickly
    from an auction

Want to purchase a property in Leeds at auction? You might want to refurbish or buy land to build on, and you may need finance to complete the transaction.

An auction loan is a short-term loan that is designed to help property investors purchase a property at auction. The loan is typically secured against the property being purchased and is repaid once permanent financing is secured.

An auction loan works by providing short-term financing to property investors who want to purchase a property at auction. The loan is typically secured against the property being purchased and is repaid once permanent financing is secured.

You can use short-term auction finance in Leeds to buy property at auction, whether commercial or residential and get rapid access to funds to complete the transaction.

Speed is of the essence with auction finance, so we work rapidly using our streamlined process. Provide your details and receive tailored offers in as little as 20 minutes.

A bridging loan is a type of short-term loan that is typically used to bridge the gap between the purchase of a new property and the sale of an existing property. It’s designed to provide temporary financing until a more permanent financing option can be secured.

A bridging loan works by providing short-term financing that is secured against the borrower’s property. The loan is typically repaid in full once the borrower sells their existing property and secures permanent financing for the new property.

Bridging loans are typically used by property developers, investors, and homeowners who need quick access to financing to purchase a new property. The loan can be used for a variety of purposes, including property renovations, purchasing a new property before selling an existing one, or to cover unexpected expenses.

We can help you find the best development loans in Leeds from trusted lenders with expertise. We offer an intermediary service to simplify your access to finance and make it quicker and easier, thanks to our expert lending panel.

Development finance is a type of funding that is specifically designed to help property developers and investors fund property development projects. The funding can be used for a variety of purposes, including land acquisition, construction costs, and marketing expenses.

Development finance works by providing funding to property developers and investors to help them fund property development projects. The funding is typically provided in stages, with the developer or investor receiving funding at various stages of the project’s development.

The amount of funding that is provided will depend on the size and complexity of the project, as well as the experience and track record of the developer or investor. The loan is typically secured against the property being developed, and repayment is made once the property is completed and sold or refinanced.

We can help borrowers to access suitable term loans for a wide range of purposes. T

A term loan is a type of loan that is provided for a specific period of time, typically ranging from one to ten years. The loan is typically used for a specific purpose, such as purchasing a property or financing a business expansion.

A term loan works by providing a lump sum of money to the borrower, which is repaid over a set period of time. The borrower will typically make regular payments, which include both principal and interest, until the loan is fully repaid.

Term loans are typically provided by banks or financial institutions, and the interest rates and terms will vary depending on the lender, the borrower’s creditworthiness, and the purpose of the loan.

If you’re planning to purchase a building in Leeds and use it as collateral for a loan against your business property, a commercial mortgage could be the perfect solution for you. However, it’s important to understand that not all financing products are created equal, so it’s essential to consult with a mortgage consultant to determine the best fit for your needs.

A commercial mortgage is a type of loan that is specifically designed for commercial real estate investments. The loan is typically used to purchase or refinance commercial property, such as office buildings, retail space, or warehouses.

A commercial mortgage works by providing a lump sum of money to the borrower, which is secured against the commercial property being purchased or refinanced. The borrower will typically make regular payments, which include both principal and interest, until the loan is fully repaid.

Commercial mortgages are typically provided by banks or financial institutions, and the interest rates and terms will vary depending on the lender, the borrower’s creditworthiness, and the purpose of the loan.

Types of Commercial Mortgages

When a property is being bought for the buyer’s own business to operate from, an owner-occupied commercial mortgage, also known as a business mortgage, is employed.

If you plan on renting out your commercial property to another company, you will need to apply for a commercial investment mortgage, often known as a commercial buy to let mortgage. This is the commercial equivalent of a “buy to let” mortgage.

In the case of interest-only commercial mortgages, monthly payments are limited to the interest amount. This offers the benefit of reducing your monthly mortgage payment but will increase the total interest you pay on your business loan. An interest-only commercial mortgage must be repaid in full or refinanced through a commercial remortgage at the conclusion of the mortgage term.

To progressively pay off your commercial mortgage over the course of the loan term, capital repayment mortgages require making monthly payments that cover both the principal balance and the interest accrued on the loan. You will have to make larger payments toward your mortgage each month as a result of this, but you will have the peace of mind of knowing that your property will be paid off by the end of the loan term.

Commercial mortgages with fixed rates have an interest rate that does not change for the duration of the loan, which is typically between two and five years. Your monthly repayments will stay the same throughout a fixed rate term, regardless of any changes that the Bank of England Base Rate may undergo during that time period. If you choose a product with a fixed interest rate, you will profit from the increase in interest rates; but you will not benefit from any decreases in interest rates.

Variable rate of interest Commercial mortgages do not have a fixed rate, therefore if interest rates fluctuate, so might your interest rate and consequently your monthly payments.

If you want to purchase property from an auction quickly, whether a residential or commercial property, JV funding in Leeds can be useful.

JV funding is a type of financing where two or more parties come together to fund a project or business venture. Each party typically contributes capital, expertise, or other resources to the joint venture, and shares in the profits or losses of the venture.

JV funding works by bringing together two or more parties who have a common interest in a project or business venture. The parties will typically negotiate the terms of the joint venture, including the amount of capital to be contributed, the responsibilities of each party, and the division of profits or losses.

JV funding can be used for a variety of purposes, including real estate development, technology startups, and other high-risk ventures. The success of the joint venture will depend on the capabilities and contributions of each party, as well as the strength of the underlying business plan.

 

Why Choose Us?

If you are considering a bridging loan broker in Leeds, why choose Hank Zarihs Associates?

Our clients choose us over and over again for several reasons. For a start, we find you the best rates. We work with a panel of respected and experienced lenders with excellent track records, so our clients can access the best rates and loan products from trusted lenders.

We also have a wide range of loan products you can access. Most bridging loans in Leeds are not available on the open market because they are specialist products. We can get you access to a wide range of loans and deals that you would simply not find searching directly.

We are also fast and efficient, which is essential for our clients. We can help you find the right bridging loan in Leeds in minutes, and we can often gather the information and quotes from lenders within the hour and arrange your bridging loan within days.

We provide tailored advice for our Leeds clients along with transparent information. You can trust us to deliver, and you can have full confidence in the products we secure for you.

Finally, our customer service is exemplary. We focus on building long-term relationships with our clients based on providing maximum value, and we have a superb track record.

 
Our four step simple sales process

our sales process

Confused about finance?
CALL & DISCUSS YOUR ENQUIRY

Call us today to discuss your enquiry. We'll find out what product is suited to your needs - we just need 5 mins of your time.

Receive terms from our lenders
Compare different offers

Once we've received terms from our select panel of lenders, We'll inform you of the options you have and then you'll let us know which offer to proceed with.

We will package your application
submit relevant supporting document

Once you've selected the perfect lender, we'll go ahead and package the application on your behalf, making it a seamless and easy process. We'll then instruct valuation and legals on the same day.

After the valuation, the case will formally be submitted
GET your finance - funds available to draw

Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days.