Finding The Right Finance For You
Louella Homes Ltd work closely with you to secure finance for your investment purchases. We offer a range of tailored mortgage types that are perfectly suited to your individual needs. Working with Louella Homes will mean that you have access to all of our industry financial expertise. We can guide you through your financing options to find a solution that meets your goals.
All Options Are Tailored Directly to Your Needs
We Align Your Finance with Your Business Objectives
Streamlined Application Process
Ensuring Funds Are Distributed Quicker
Ongoing Support & Advice
Three Companies Supporting
One Investment
Louella Property Partners Ltd
END TO END, PROPERTY FINANCE, BUILDER/REFURBISHMENT, LETTINGS, JOINT VENTURE
Finding A Financial Solution That Is Right for You
Bridging Loans
Bridging loans from £26K to £25m+
Monthly interest rates from 0.39% pm (lowest in the market)
Terms from 12 to 36 months
LTVs up to 80%
Interest payment options: rolled, serviced and retained
Open Bridging Loans
An open bridging loan has no fixed repayment date although payment is often expected within one year, while some lenders may cater to longer payment terms.
Closed Bridging Loans
A closed bridging loan does have a set repayment date; this is ideal for investors who know income is coming in from a property sale. As the date is fixed these bridging loans are often much cheaper than their open counterparts.
Specialist Mortgages
Commercial Mortgages
A Commercial Mortgage is ideal is with you are looking to borrow over £25,000. The mortgage is secure with a legal charge on your business premises. You can choose a repayment term of 1-25 years. The interest can also be fixed for 10 years.
Borrow Up To £25,000
1-25 Year Repayment Terms
10 Years Fixed Interest
New Build & Second-Hand Property Mortgages
This mortgage can help protect you from all the challenges that can arise from purchasing a new build property. A New build mortgage is perfect fro purchasing your first home or diversifying your portfolio.
HMO House of Multiple Occupation Mortgage
This specialist mortgage is tailored for homeowners who are letting their home out to multiple occupants. These mortgages are available as interest only, fixed, or variable rate.
BTL (Buy To Let) Mortgages
A BTL Mortgage is for landlords seeking to purchase a property to be let out to tenants. The mortgage value is often determined by the amount of rent the property can achieve. More often than not your deposit will have to higher for a BTL mortgage.
Serviced Accommodation (SA) Mortgages
Serviced Accommodation Mortgages are perfect for landlords looking to enter the holiday market for an Air BnB or Holiday Rental. This mortgage type allows you to rent out your property for a maximum of 3 months at a time.
Short Term/Holiday Lets Mortgages
Perfect for those looking to invest in holiday homes or expand their portfolio in the thriving short-term rental market, our mortgages combine attractive rates with the understanding of the holiday letting business model.
Louella Property Partners Ltd
END TO END, PROPERTY FINANCE, BUILDER/REFURBISHMENT, LETTINGS, JOINT VENTURE
Mortgage & Finance FAQ
How Am I Charged for Bridging Loans?
As Bridging Loans have a short repayment period you are usually charged monthly rather than via APR (Annual Percentage Rates)
How Much Can I Borrow For a HMO Mortgage?
A HMO mortgage is based on the LTV (Loan to Value Rate) of a property, purchase price, and rental income. In some cases, is can also be based on your personal income.
How Much Deposit Do You Need for A Holiday Let Mortgage?
On average you can expect to pay a deposit of 25%-30% for a holiday let mortgage.
What Is the Deposit Needed for a BTL Mortgage?
A deposit for a buy-to-let mortgage is often 25% of the property’s value. Although it can go up to 40% depending on the property.
Can A Family Member Live in My BTL Property?
Often relatives are not allowed to be tenants in your BTL property. However there are some specialists lenders who allow this.
How Much Is a Deposit For A Commercial Mortgage?
A typical deposit for a commercial mortgage will range between 20%-30%.
What is the max LVT for a commercial mortgage?
A normal loan to value is 75% however with additional security a LVT of 100% can be achieved.
How Many Years of Accounts Do I Need for a Commercial Mortgage?
You will need at least two years of accounts for a commercial mortgage.
Is a Commercial Mortgage Tax Deductible?
A commercial mortgage is not tax deductible however the interest on one is. The capital gained on the property may also be tax deductible.
