Basecorp Finance will consider a range of property types for mortgage security. First and second mortgages are available
Products
- Bridging Finance
- Interest Only
- Part or fully capitalised funding
- Residential construction funding (case by case)
- Debt Consolidation
Servicing
- Ability to service to be provided if not a capitalised advance
- Exit strategy should be evidenced, where applicable
Credit Criteria
We will consider the following:
- Adverse credit (to a point!)
- Mortgage and/or Rates arrears
- Property Law Act Notices
Legal
- Where solicitors are required, Basecorp Finance will instruct the borrowers’ solicitor direct – This process keeps borrower’s legal costs to a minimum.
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