Day 0: Investor sends lot and numbers
Day 1: We confirm fundability & likely terms
Day 3: Formal offer issued (subject to valuation)
Day 21: Completion, deposit protected
I’m so grateful I found SPV mortgages, I’ve been wanting to start building a portfolio for a while now and Jonathan has helped us every step of the way. The speed in which our bridging loan was turned around after auction, I’ve not heard of, super smooth and quick process with next level support with all of our documents from Nicki. We are already onto our 3rd mortgage, 2 auctions with bridging loans and 1 standard BTL mortgage in just 6 weeks! I’m sure we will be using SPV mortgages for many years to come. Highly recommended.
In a very recent purchase, Jonathan and Nicki actually pulled off the impossible for me: I was given 2 weeks to complete on an auction property post-exchange and halfway through the 2 weeks the auctioneer told me access into the property for the original lender was not possible because there was a squatter in the house. As the lender withdrew the DIP, I thought all hope was lost and had to cash-buy or lost the deposit. That was until I spoke to Jonathan. On the same day, he and Nicki found another bridge lender who, after relentless negotiations, was happy to lend WITHOUT a physical valuation. The formal offer (not a DIP) was issued after 2 working days. Basically, from the point of withdrawal of the previous offer to sourcing another lender through to completion of the purchase it took 5 working days. I genuinely did not think this was possible - you won't find a better broker than SPV Mortgages.
Very professional service from Jonathan and Nicki. They are both dedicated and willing to go the extra mile in ensuring that they secure the best outcome. Would definitely recommend!