Revolving Credit Facility to Build Your Property Portfolio
Posted by Restore Finance on 7th April 2021 -
Revolving Credit Facility To Build Your Property Portfolio
A revolving credit facility is a great option if you are planning on purchasing a few properties this year as it offers you a pot of money where you can draw the funds at your convenience for example when you want to purchase a new property or use as working capital for refurbishment of an existing portfolio.
Details:
• Up to 80% LTV based upon the most recent valuation or purchase price when taking into consideration prior mortgages
• Interest rates from 1.25% per month
• No early settlement fees or exit fees (after the first 3 months)
• 12 month term with an option to renew
• £50k to £1m facilities available
For more details on this product and for the information we will require to apply, please get in touch.