Drake Mortgages

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Drake Mortgages
Type private
Industry Property
Services Mortgage
Bridging Loans
Property Development Finance
Website https://www.drakemortgages.co.uk/


Drake Mortgages Limited is an experienced company of specialist independent mortgage brokers and property finance brokers based in Bexleyheath, Kent. They specialise in providing clients with comprehensive mortgage advice from the full range of lenders available to them.[1]

Overview

Drake Mortgage Limited are an independent mortgage advisor that deals with all lenders and mortgage companies. They help many clients to move house, including first time buyers, they also have specialists available to help with bridging loans including auction finance. This advice is mainly conducted online, by email and over the telephone.

Team

  • Norman Phillips - Managing Director
  • Rachel O’Brien - Operations Director
  • Sean Horton - Digital Marketing Consultant
  • Kerry Santucci - Senior Mortgage Consultant
  • Mark Lanario - Senior Specialist Consultant

Services

Mortgage

Drake Mortgage Limited have experienced independent advisors that help clients find the perfect mortgage. As independent mortgage brokers they have access to a wide range of lenders and mortgage products, the main high street lenders, plus their ‘broker only’ products, plus all of the specialist mortgage lenders.

Drake's Mortgage advisors help clients with the following

  • Moving Home
  • Remortgage
  • Product Transfers
  • Self Employed Mortgages
  • Homeowner Loans
  • Second Home Mortgages
  • Buy To Let Mortgages
  • Holiday Let Mortgages

Bridging Loans

Bridging loans are so flexible and have so many uses that we use them all the time. From avoiding property chain collapses to grabbing an auction property to snapping up a quick deal, Drake Mortgage can do it all. The bridging loan term can be for just a few days or months, upto 1-3 years maximum. At the end of the term the lender will require full settlement of the debt via an exit strategy.

Property Development Finance

This finance is designed to help with the purchase and build costs for a residential development project. Solutions are available for change of use, ground-up projects, refurbishment or major building work and property extensions. Typically, secured loans are available to fund the land/building acquisition and the development costs, over a six to eighteen month period. Once the project has been completed, the loan is usually repaid through the sale of the property. Some development loans are renewable, which can be a life saver in the event of an unforeseen time overrun.

References