Short lease purchase and refinance

Many lenders will only offer mortgages on freehold properties or leasehold properties where there are at least 30 years to run after the end of the mortgage period. This means raising finance for short-term leases of 10 or fewer years can be almost impossible. If you don’t have the cash available but wish to purchase a lease or if you have a leasehold business and need to raise capital for growth, we can help. We have access to lenders who specialise in this kind of finance.

 For purchase, we can help obtain:

ü      up to 60% of lease valuation  or a maximum of £350,000 which ever is the lesser

ü      repayable over half the unexpired term of the lease or a maximum of 120 months

ü      with additional security, up to 100% of purchase price or £350,000 whichever is the lesser, repayable over a maximum of 120 months

For refinance, we can help obtain:

ü      up to 50% of valuation or maximum of £350,000 whichever is the lesser

ü      repayable over half the unexpired term of the lease or a maximum of 60 months

ü      with additional security, maximum loan of £350,000, repayable over a maximum of 120 months

ü   Fixed monthly, level-repayments installments throughout the entire term of the loan to help you budget

The process is fast and simple, call us now and we will take a few details of your requirements and will obtain an official quotation from a lender the same day. If you decide to go ahead, we will complete an application with you and arrange for a valuation. If the valuation proves satisfactory we will obtain a formal loan offer within 48 hours. 

Call us now to speak to an expert about leasehold finance on 01271 816381 or complete our online enquiry form.

Leasehold finance can be one of the most difficult types of finance to find. At Lighthouse Business Finance, we can source leasehold finance from niche lenders which do not advertise publicly