FINANCE

Bridging loans are short-term financing options used to bridge the gap between two transactions. They are commonly used in the property market when a buyer needs immediate funds to secure a new property before selling their existing one. Bridging loans are usually quick to process, have flexible repayment terms, and can be secured against existing properties.

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Bridging Loan
a building with scaffolding on the side of it
a building with scaffolding on the side of it

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Development Finance

Development finance provides funds for property developers to purchase land, carry out construction activities, and complete property developments. This type of financing is specifically designed to support the development of new properties or the conversion of existing buildings. Development finance is available for both residential and commercial projects and can be tailored to suit individual requirements.

two babies and woman sitting on sofa while holding baby and watching on tablet
two babies and woman sitting on sofa while holding baby and watching on tablet

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Commercial Finance

First-time buyer mortgages are specifically designed for individuals purchasing their first property. These mortgages are often accompanied by special incentives and favorable interest rates to help new buyers onto the property ladder. Lenders may also provide additional support, such as assistance with deposit requirements and affordability checks.

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Buy-to-Let Mortgages

Buy-to-let mortgages are specifically designed for individuals who wish to invest in residential properties to rent them out. These mortgages take into account the potential rental income and require a higher deposit compared to residential mortgages. Lenders assess the rental income potential, borrower's existing debts, and the property's market value when approving buy-to-let mortgage applications.

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Re-mortgage

Re-mortgaging involves switching your existing mortgage to a new lender or renegotiating the terms with your current lender. The primary reasons for re-mortgaging include reducing monthly payments, releasing equity from your property, or securing a better interest rate. Re-mortgages can help homeowners achieve their financial goals, such as home renovations or debt consolidation, by using the increased equity in their property.

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brown brick house under blue sky during daytime
brown brick house under blue sky during daytime
windowpanes at the building
windowpanes at the building

Similar to a residential mortgage, a commercial mortgage is a loan that involves paying a deposit followed by monthly repayments with variable or fixed interest rates. Commercial mortgages usually run for between one and 30 years. It is based on rental income of that commercial property.

First-time home buyers mortgage

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