100% Finance How It Works

100% Finance Example:

20% Discount negotiated by World Property Investor

Property Value £150,000

Bridging amount £120,000

Remortgage @ 85% LTV £127,500

This will leave £7,500 as a cash back on completion.

Costs:

Bridging @ 1% £1,200

Legals £350 + VAT + Disp. (Typically no more than £1,000)

Mortgage Broker Fee £695

Finders Fee @ 1.5% £2,250

Valuation fee £280

Stamp Duty £1,500

Total = £6,925

Leaving you £575 and a self financing property worth £150,000