Specialist Mortgages
Not every mortgage fits the standard requirement. Whether you’re looking to secure funding for a commercial property, build your dream home, or need short-term financing, our team is here to help.
At Oundle and Stamford Mortgages, we understand that not every mortgage fits the standard requirement – but with access to niche lenders and tailored advice, we’ll guide you through every step of the process to find the right specialist mortgage for your needs.
Types of Specialist Mortgages
Commercial Mortgages:
Commercial mortgages are designed to help businesses purchase or refinance properties for operational use or investment. Whether you’re looking to expand your premises, buy a property to let to tenants, or refinance existing commercial properties, we’ll help you explore your options and secure the right deal for your needs.
Self-Build Mortgages:
Building your own home is an exciting journey, but it requires the right financial plan. Self-build mortgages provide funds in stages, matching your build’s progress. Here’s how it works:
Stage Payments: Funds are released at key milestones, such as purchasing land, laying foundations, and completing the structure.
Flexibility: Choose from repayment or interest-only options.
Customised Solutions: Tailored advice ensures your project stays on budget and on track.
Bridging Loan:
Bridging loans provide short-term financing solutions for those needing quick access to funds.
They are ideal for:
- Property Purchases: Securing a new property before selling an existing one.
- Developments: Financing renovations or conversions.
- Auction Purchases: Meeting the strict deadlines for auction property completions.
Bridging loans are typically available for 6-12 months and can be a flexible option to bridge financial gaps.
Eligibility and Requirements
Eligibility for specialist mortgages can vary based on the type of loan and your circumstances.
Key factors include:
Credit History:
Options available for those with adverse credit.
Deposit Requirements:
Typically higher for specialist loans, ranging from 20% to 40%.
Business Plans (for Commercial Mortgages):
Lenders may require a clear plan for how the property will be used.
Property Type and Value:
Specific criteria apply for certain types of properties or projects.
Expert Advice
Specialist mortgages require tailored advice to navigate the complexities and find the best options.
At Oundle and Stamford Mortgages, we offer:
Access to Niche Lenders: Connections with lenders specialising in unique mortgage products.
Detailed Analysis: Comprehensive support to understand terms, fees, and interest rates.
Personalised Recommendations: Ensuring your solution aligns with your financial and personal goals.
Your home may be repossessed if you do not keep up repayments on your mortgage. Commercial mortgages are arranged by a third party introduction only. Commercial mortgages are not usually regulated by the Financial Conduct Authority.
faq
Specialist Mortgages
Commercial mortgages are designed for business purposes and often have different terms, higher deposit requirements, and interest rates than residential loans.
Rates for bridging loans tend to be higher than standard mortgages due to their short-term nature. We’ll help you compare competitive offers.
Yes, there are lenders who specialise in self-build mortgages for those with less-than-perfect credit. We’ll guide you to the right option.
Timescales vary depending on the type of loan and lender, but we’ll work efficiently to meet your deadlines.
Looking for a specialist mortgage? Contact us today for expert advice tailored to your unique needs.
Oundle and Stamford Mortgage Services Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. You can find Stonebridge Mortgage Solutions Ltd on the FCA register by clicking here. Oundle and Stamford Mortgage Services Ltd is entered on the Financial Services Register under firm reference number 842633. Registered Office: Oundle and Stamford Mortgage Services Ltd., 2a New Street, Oundle, PE8 4EA. Registered Company Number: 11811100. Registered in England and Wales.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage. As with all insurance policies, conditions and exclusions will apply. Not all Buy to Let Mortgages are regulated by The Financial Conduct Authority.