Need 100% Funding?
There are two ways in which Masthaven can arrange this for you.
Closed Bridge Service
This service allows investors to purchase discounted properties and base their borrowing on the valuation of the property, not the purchase price. Therefore if the investor has managed to source a property with a 15%+ discount then this service truly allows them to purchase the property with ZERO CASH INPUT.
The way this service works is very straightforward. Masthaven will lend the investors funds in order to purchase the property outright. The investor will then repay Masthaven via a pre-arranged re-mortgage.
This product is ideal for the investors who have managed to source a property at a discount to market value and wants to minimise their cash input.
Mixture of First and Second Charge Lending
A number of our clients have significant equity in either their home or a second property.
Therefore Masthaven will happily provide 100% of the funding required by taking a first charge on the property being purchased and a second charge on the addition security.