Type of loans

Competive Interest Rate on Loans

Are you looking for finance and don't know where to begin? There is nothing more challenging than hunting around for a loan. Regardless of whether you are looking for a secured loan, unsecured or business loan, shopping around can leave you feeling even more confused than at the outset. Why not let MKL Finance do the searching for you. Competitive Interest Rates on Loans Whether you fallen behind on the car repayments or just need some cash for home improvements, we will be able to provide you with the correct loan to personally suit you. MKL Finance have a selection of lenders on our panel. We can help when it comes to innovative second charge loans for a variety of reasons. Most residential, semi-commercial and ‘Buy to Let’ properties can be secured on, regardless of types, usage or structures. We deal with many different client statuses and profiles so we are sure that we can find the right lender for your requirements. Moreover, we will give you the lowest that we find you can be assured of that. Do not worry if you have had trouble with credit rating previously, as we can also offer you help depending on your situation.

 
Type of loans

A secured loan enables homeowners to borrow money from lenders by using their property as security. This can be an excellent finance method as the interest rate is normally cheaper than an unsecured loan and you are usually able to borrow more. Another benefit is that you can negotiate the repayment term over a longer period, reducing your monthly payments to an affordable amount. 

CORE OVERVIEW for Bridging & Commercial more >>

  • Residential and Commercial Bridging Finance, 1st and 2nd charge.
  • Residential Refurbishment Finance
  • HMO funding
  • Development funding from 4% Pa.
  • Buy to Let purchases and Re-mortgages
  • LTD Company Buy To lets from 2.75% Pa.
  • Land funding up to 60% LTV
  • Regulated purchases & Re-mortgage
  • Commercial Mortgages From 2.73% Pa.
  • Luxury asset finance (watches, paintings & cars etc…)
  • Unsecured business loans from 3.59%

DEVELOPMENT FINANCE across the UK more >>

  • Interest rate between 6% - 9% depending on risk profile of the deal. Prime from 4% Pa
  • 70% of Purchase and 100% Build Costs – 0.95% Per Month (experienced)
  • 50% land purchase and 65% build costs – 1.1% Per Month
  • No early repayment fee/ Exit fee
  • If land is already owned, we will fund 100% of the build cost in stages

BRIDGING LOANS more >>

  • Loans up to £50 Million available
  • Rates starting from 0.415% per month (Can be used for refurbishment) – 4.99% PA
  • Regulated terms from 6-12 months
  • Unregulated terms from 1-36 months
  • No exit penalties available
  • 1st, 2nd and 3rd charges available
  • Can accept unlimited adverse (Valuation only products)
  • Ex-Pats and Foreign Nationals accepted

LENDING INTO RETIREMENT more >>

  • Maximum age 85 - no upper limit on BTL
  • All benefits accepted
  • No min income requirements
  • Interest Only

BUY TO LET more >>

  • Loans up to £2 Million available
  • Rates starting from 1.89% per Annum
  • Terms from 2-35 years
  • Up to 75% LTV
  • First Time Buyer/ Landlords
  • 1st and 2nd charges available
  • Adverse Credit accepted
  • Multi-Unit Freehold Blocks
  • HMO products available from 2.99% per Annum
  • Ex-Pats and Foreign Nationals accepted

LTD BTL more >>

  • Loans of up to £2 Million available
  • Rates starting from 2.75% per Annum
  • Terms from 2-35 years
  • 1st and 2nd charges available
  • Can accept adverse
  • Ex-Pats and Foreign Nationals accepted

COMMERCIAL LOANS more >>

  • Loans up to £15 Million available
  • Rates from 2.73%
  • Terms from 3-35 years
  • Up to 70% LTV of the Purchase Price
  • Care sector products available for NHS contracts
  • Ex-Pats and Foreign Nationals accepted

UNSECURED BUSINESS LOAN more >>

  • 2 Years trading minimum
  • 1 years latest finalised accounts
  • 3 months business bank statements
  • Loans agreed and paid within 72 hours
  • Unsecured up to £500,000 – Secured up to £1 Million
  • Rates from 3.59%
  • Can be used for all types of business use other than full purchase of commercial property – can be used as deposit once an offer has been made for a commercial mortgage.
  • Merchant Banking and Invoice Finance available (B2B Led)
When your banks tells you NO!!!!!

MKL Finance may be able to help, we have direct access to providers that offers Secured Homeowner & Commercial Business Loans and they are very innovative. The loans can be quick and flexible, lender connects your application with multiple individuals who want to lend you money at competitive rates. The business loans can be for any purpose. However, you cannot us the loan for property development unless it is specified as a development loan.

SOME OF THE PANEL OF LENDERS 

              Blemain Finance - Innovative Secured Loans                                       

                                                      

                                                   

          funding Circle Logo                   Spring finance                              

Rise in London housing market activity

THE AVERAGE London residential property price was 2.8 per cent higher in February than in January, new figures show today.  However, the average time it takes to sell has climbed to 69 days, according to the data released by Rightmove.  It marks seven straight months of increase in the time taken to sell a property, from June’s 40 days.  


British house prices pushed ahead of the Eurozone’s

BRITISH house prices pushed ahead of those in other major economies towards the end of last year, official figures showed yesterday.


Green homeowners Deal

The us government relaunched Environmentally friendly Green Package to help Gloucestershire Homeowners income for power saving advancements.


October top £50m for the first time in a number of years

The complete credited throughout the industry ended up being £50, 371, 440, which perceives 2013 credit currently at this point 18% upward on the whole of 2012 as well as entire annual credit provides cracked £4 billion for the 1st time in years.


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