Bine Properties aid our clients in obtaining the necessary funds required to purchase a property. We facilitate the comparison of various loan options, the negotiation of terms and conditions, and the application and approval of the loan.

Bridging Finance

Bine finance offers these short-term loans to bridge the gap between the purchase of one property and the sale of another. It is typically used by property investors who need to purchase a new property before they can sell their existing one.

1. Land Bridging

 
If you’re looking to purchase land with the intention to secure a planning gain we are ready to help. Whether your strategy is to sell the land once the value has been added with planning, or you intend to create further profit by completing your development yourself then we are well-versed in both processes and how to find the best funding for your deal.

2. Auction Finance 

 
When purchasing at auction it is essential to work with a broker who has the understanding and capability to move quickly. With only 28 days to complete and a 10% deposit of your cash at risk, we treat auction purchases with urgency. In order to bid with confidence at auction, you need one thing above all else. You need the reassurance the necessary funds will be available when you need them.

3. Refurbishment loans 

 
Whether you are looking to generate more rental income or add value to your portfolio, Bine Properties is here to get your short-term light refurbishment loan completed in a matter of days. Our short-term loan products are designed to meet the many diverse needs of property investors and landlords. Borrowers can apply as individuals, sole traders or through limited companies, and we do not require a minimum credit score, accounts or proof of income. This allows us to take a practical, common-sense approach to lending. One of the most obvious advantages of a short-term loan is the speed at which it can be completed.

Development Finance

We aid our clients with funding projects with the purpose of improving an existing property, or building a new one. This service is used for larger-scale projects such as residential developments, commercial developments, and large-scale infrastructure projects. Bine Properties facilitate this loans from a variety of sources, including banks, private lenders, and government grants. The size and complexity of a project will determine the type of finance that is appropriate.

1. Large Developments

 
As lenders distinguish between small and large schemes by their GDV and borrowing required it is crucial to speak with an advisor who has a clear understanding of what is achievable in either circumstance. We work closely with a breadth of development lenders across the UK who fund both residential and commercial schemes. We can be sure to find a criteria set to fit your project and experience.

2. Small Developments

 
Small development schemes can be difficult to fund without an advisor who works closely with specialist lenders. We are happy to say our partners are a select few who are happy to provide funding for small schemes – we can even achieve this with no prior development experience!

3. Developer Exit 

 
We appreciate that once your development is complete, your exit may not always be immediate. If the sale of your properties or traditional refinance route are not taking place at speed then the costs of your existing development finance will of course continue to eat into your hard earned profit. We work with a number of lenders who offer common sense solutions to this problem, at very competitive rates. Reach out to us for a review of your existing development finance and to find out if we can help you retain a greater profit in your deal.