Property Finance

Harvey Bowes Financial Services Ltd offers a comprehensive range of mortgages, meaning that we work for you and not the lender. The team at Harvey Bowes have a vast experience in the industry and we take a positive ‘can do’ approach to mortgage broking.

Commercial Mortgages

The assessment of commercial mortgages is somewhat more traditional than residential mortgages. Having a mortgage broker who can advise and package the mortgage application in the best possible light is key to success.

You may need a commercial mortgage to purchase new premises for your business, or to purchase a commercial property to rent out. There is also the option of a commercial remortgage where a business can acquire additional funds through a remortgage for further commercial development, expansion or cash-flow. You may also be looking to purchase a business which is directly related to the property in which it operates, for example a Hotel, freehold public house or retail outlet.
Although commercial mortgage criteria is different to that of residential mortgages, there remains some similar principles. Particularly with loan to value ratios, income assessment and the credit worthiness of a business, its principles or both.

Breaking the mould on Broker Fees

The traditional practice in respect of broker fees, is for the broker to charge the borrower a fee, and in many cases, also arrange for the lender to factor into the ‘arrangement fee’ an additional sum for the broker. This is in addition to the commission received, which is normally based on the amount borrowed.
Harvey Bowes employ a very straight forward approach to our remuneration. We’ll tell you after assessing a case, but before you instruct us to make an application, how much we are going to charge. There will be no hidden fees factored into the deal.

Click here to get in touch 

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Buy-to-let mortgages are available for purchasing and remortgaging. We are seeing more and more lenders come back to the market with competitive BTL mortgage deals, which is a positive sign for the industry. Whether you are a new property investor or a seasoned Landlord, Harvey Bowes have expert advice and a comprehensive range of lenders at our fingertips.

Buy to Let

Buy to Let

Buy-to-let mortgages are available for purchasing and remortgaging. We are seeing more and more lenders come back to the market with competitive BTL mortgage deals, which is a positive sign for the industry. Whether you are a new property investor or a seasoned Landlord, Harvey Bowes have expert advice and a comprehensive range of lenders at our fingertips.

We save you time 

From rental stress testing to portfolio size; full-time investors to those building a portfolio alongside other
revenue streams, the BTL mortgage lenders have different policies that need to be reviewed.

We have the expertise to work through such diverse lending criteria and secure the best BTL mortgage deal with speed and certainty.

 

 

 

To find out more contact one of the Harvey Bowes team today +44 29 2175 4150

 

At Harvey Bowes we can offer:

• Finance and Mortgages from a wide range of lenders

• Interest Only as well as Repayment options

• Same day agreement in principle

• 100% LTV available with additional security

• Finance for the refurbishment works & purchase

• Remortgage within 6 months

• BTL/HMO mortgages for experienced and new landlords

• Expat and foreign national BTL/HMO mortgages

Breaking the mould on Broker Fees

The traditional practice in respect of broker fees, is for the broker to charge the borrower a fee, and in many cases, also arrange for the lender to factor into the ‘arrangement fee’ an additional sum for the broker. This is in addition to the commission received, which is normally based on the amount borrowed.
Harvey Bowes employ a very straight forward approach to our remuneration. We’ll tell you after assessing a case, but before you instruct us to make an application, how much we are going to charge. There will be no hidden fees factored into the deal.

Click here to get in touch 

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HMO Mortgage

More and more investors are turning to HMO properties as a great way to generate good cash flow. And for those investors who want to momentum invest, the first question about refinancing is often: ‘how can I maximise the valuation I achieve for a remortgage and leverage enough borrowing to release funds for the next project’.

We offer you access to a specialist sector

HMO mortgages are available primarily from specialist lenders. The financial products they offer are designed with the investor and property in mind.

 

A diverse range of HMO finance products

In the last few years, the range of HMO finance has been diversified: from specialist refurbishment loans to full development finance for HMO’s and from standard long-term mortgages to short-term funding.

 

We bring the right investor, property and lender together

HMO policies also differ widely, depending on size, geographical area and tenant profile.

 

Always feel free to contact the team at Harvey Bowes to run through your figures and help you arrive at an informed and accurate commercial HMO valuation based on income as well as bricks and mortar.

Be sure you speak to a mortgage broker with the right understanding, talk to Harvey Bowes about your HMO mortage requirements today

Call us +44 2921 754 150.

Breaking the mould on Broker Fees

The traditional practice in respect of broker fees, is for the broker to charge the borrower a fee, and in many cases, also arrange for the lender to factor into the ‘arrangement fee’ an additional sum for the broker. This is in addition to the commission received, which is normally based on the amount borrowed.
Harvey Bowes employ a very straight forward approach to our remuneration. We’ll tell you after assessing a case, but before you instruct us to make an application, how much we are going to charge. There will be no hidden fees factored into the deal.

Click here to get in touch 

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Bridging Finance

Bridging finance is probably best known as a ‘fast’ or ‘short-term’ loan to finance a project quickly. However, there are many different reasons why a bridging loan may be the most appropriate way to gather funds.

Short term finance can be used for a wide variety of property transactions.

Sometimes to raise funds very quickly, other times to allow refurbishment or perhaps where a change of use is required before the property is suitable for mainstream mortgage funding.

 

 

We plan it all for you, from initial funding to refinance

When securing this type of funding, one of the most significant factors in assessing whether to lend will be the robustness of the exit. In other words, what is the viability of the project and the likely success of the short-term lender being repaid? This may be refinancing or perhaps the sale of the property. Any conscientious finance broker will ensure you have a robust and substantiated exit before recommending you enter a bridging or short-term loan.

When a bridge or short-term loan may be the answer:

 

• Auction purchase
• A property currently uninhabitable
• Property needing changes to or splitting of the title
• Requiring a change of use, eg. from B&B to HMO
• A leasehold property with short lease remaining
• To use a property as a security for a business loan
• Save property from repossession
• Pay unexpected bills, such as tax bills

 

It is possible to either service the interest with monthly payments or have the interest deducted from the start of the loan. On certain projects, it may be possible to roll up the interest to be paid at the end of the loan. The structure will largely depend on the type of loan, your position as borrower and the project.

 

Breaking the mould on Broker Fees

The traditional practice in respect of broker fees, is for the broker to charge the borrower a fee, and in many cases, also arrange for the lender to factor into the ‘arrangement fee’ an additional sum for the broker. This is in addition to the commission received, which is normally based on the amount borrowed.
Harvey Bowes employ a very straight forward approach to our remuneration. We’ll tell you after assessing a case, but before you instruct us to make an application, how much we are going to charge. There will be no hidden fees factored into the deal.

Click here to get in touch 

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