Glenhawk Property Finance
| Product | Gross Fee paid by lender | Net fee paid to regulated broker | Net Fee paid to non-regulated & client referral service |
|---|---|---|---|
| Bridging | 2.00% | 1.00% | 0.50% |
Complete FS are pleased to announce that Glenhawk Property Finance have launched their regulated bridging proposition to a very limited distribution panel and we have access to these products.
This lender compliments our existing regulated bridging panel and the rates, criteria and service has impressed the team here at Complete.
- Loans from £100,000 - £2.5m - larger loans considered by referral
-
Up to 75% LTV for 1st charge and
Up to 65% LTV on 2nd charges
- Rates from 0.69% pm to 0.79% pm
- Adverse credit considered
- Refurbishment projects accepted
- Will consider non-standard properties
- Exit fees - Minimum 1 months interest
- Will consider non-standard properties
Glenhawk provides swift, competitive short-term property finance, allowing clients to realise opportunities and progress developments. Loans typically range from £300,000 to £3 million, spanning the residential and commercial sectors.
With a senior leadership team deeply entrenched in the real estate and financial sectors, Glenhawk has a unique understanding of its clients’ challenges and offers a simple, flexible approach that makes it the long-term partner of choice for short-term property finance. Personal service along with quick decisions and execution are very important and something the whole team take great pride in.
Founded in 2017 by long-term developer Guy Harrington, CEO, Glenhawk is also led by Managing Director of Lending Nick Hilton, who has a background in asset management and bridging loans, having leant over £1/2 billion since 2008. Non-Executive Directors Harry Hill, former Chairman of Rightmove and CEO of Countrywide, and Caroline Ong, former Octane Non-Executive Director also contribute their experience.
Complete FS are pleased to add Glenhawk to our lender panel, especially welcome Peter Turner as their new Business Development Manager who joined in August 2019 from Shawbrook Bank.
- Residential, commercial, semi-commercial, PD schemes, Land with full planning (smaller scale schemes), light/medium/heavy refurbs, wind and watertight developments (no ground up).
- Up to 75% gross on residential
- Up to 70% gross on commercial
- Up to 75% gross on 2nd charges
- We only lend on a senior basis - no Mezz or equity
- 80-90% LTC
- Up to 65% on GDV - refurb
- Pricing starts at 0.75% per month
- Typical range 0.8% - 0.9%
Peter Turner
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