Frequently asked questions

Our borrowing journey couldn’t be simpler. Start by completing our online application form. Your dedicated case advisor will then take the time to understand your needs and specific requirements. After that, we’ll conduct comprehensive market research on your behalf. Once we’ve agreed on a suitable structure, we’ll issue the Heads of Terms. Upon the lender’s approval, our completions team will guide the case through to final completion.

When applying, you'll generally need:

• Proof of identity (e.g., passport or driving licence)
• Proof of address (e.g., utility bill or bank statement)
• Evidence of income (e.g., payslips or tax returns)
• Bank statements (In some instances, you will need to provide business bank statements if the application is under a Limited Company)
• Details of your deposit source

Ensuring these documents are up-to-date and accurate can streamline the application process.

Yes, Bondsmore offers loans for projects already underway. We provide flexible financing to support developments or refurbishment projects at any stage, ensuring you have the funds needed to complete your project successfully.

The amount you can borrow is typically based on the expected rental income of the property. Lenders often require that the rental income covers 125% to 145% of the monthly mortgage payments, depending on your tax status. Additionally, most lenders require a minimum deposit of 25%, though this can vary on a case-to-case basis.

Yes, purchasing through a limited company has become increasingly popular due to potential tax advantages. However, mortgage options may differ, and lenders might require personal guarantees. Book a call with the team at Bondsmore to determine the best structure for your investment.

The value of your property is determined through an independent valuation process conducted by a certified professional. This ensures an unbiased and accurate assessment of your property's market value.

Common options include:

• Unsecured business loans – No collateral required
• Secured loans – Backed by assets like property or equipment
• Invoice finance – Advance cash against unpaid invoices
• Merchant cash advances – Funding based on future card sales

Each serves different needs depending on your situation.

Some lenders can approve and transfer funds in 24 to 72 hours, especially for unsecured loans or invoice finance. More complex cases, such as secured loans or high-value borrowing, may take a few weeks due to due diligence, asset valuation, and legal checks.