Glenhawk enters £250billion homeowner loan market
Read more
Glenhawk provides a full range of bridging loan products from auction and refurbishment to development, and is committed to providing top-tier service.
Established
Max term
Min/Max Loan
Charges
Glenhawk proudly tells their customers that “your success is our success”, a sentiment that carries through to the very core of their business. They see their customers as partners, and apply the same level of diligence to each and every lending decision that they would if they were in their client’s position. Their clients benefit from a highly streamlined yet strong decision-making process that always puts their needs first and foremost.
This truly personal approach makes allows them to work with clients across many different industries, from auction purchase and buy-to-let investment to development and commercial property. It takes a strong team to deliver excellent quality across such diverse sectors, and Glenhawk relies on the expertise of its tightly-knit, highly experienced professionals.
Transparency and simplicity are at the core of Glenhawk’s lending ideology, and they’re continually pushing to improve the services their industry is able to offer. By questioning the need for administration fees, for lengthy application fees and inflexible approaches, Glenhawk demonstrates that they’re not afraid to push boundaries. They combine this underlying ethos with a business sense born of long experience; this is why they say they have “the mind of an institution and the heart of a startup”.
Your key contacts at Glenhawk
Glenhawk
35 Albemarle Street
Mayfair
London
W1S 4JD
+44 207 100 8787
glenhawk.com
A bridging loan is a short-term loan secured against property. It allows you or your business to “bridge a gap” until either longer-term finance can be arranged, or the underlying security or other assets can be sold.
Bridging loans can be used for a wide variety of purposes. Perhaps the most common purpose is to allow you to buy a new home or business premises before you have sold your existing property. They can also be used by investors to buy property at auction, landlords to acquire buy-to-lets, developers to acquire and renovate properties and businesses to raise working capital. There are a myriad of different uses and Bridging.com can help to find the best loan for you.
Loans generally range from £10,000 to £50M with smaller or larger amounts provided on an exceptional basis. The value and equity within the property or properties you are securing against will determine how much you can borrow. The maximum loan to value (LTV) currently offered by most lenders ranges between 65-80%
In general most bridging loans will fall between 0.5% and 1.5% per month although occasionally they can be either slightly cheaper or slightly more expensive. Each loan is priced on risk with particular attention paid to the property, its location and the strength of your exit strategy.
Bridging.com can help you secure a bridging loan tailored to your own unique circumstances in a matter of days. We can guide you through the entire process from initial enquiry to funds being released in the shortest possible timeframe.