Mortgage types

    Buy-to-let loan

    A loan on a property purchased specifically to rent to (“let out”) a tenant.

    Development loan

    A loan provided to a property construction company for the purpose of developing on land or developing a property. The loan is secured against both the land and property. The scale of the project being financed can range from light refurbishment work to a major construction project.

    Bridging loan

    A short term property loan used typically to “bridge a gap” for a various reasons such as; to finish a development or refurbish a property. Bridge loans are typically high interest loans with durations of between one and twelve months