More than just a service
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Finance for property investors
Explore bridging finance, commercial bridging finance and second charge mortgages to support property purchases, investment plans or other borrowing needs.
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Mortgages for business and property
Consider commercial mortgages and semi-commercial mortgages for properties used for business, residential or mixed purposes.
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Funding for projects and specialist circumstances
Discuss auction finance, development finance, self-build mortgages and mortgages involving pension schemes such as SIPP or SSAS.
Specialist finance for your property plans
Not every property purchase or project fits the criteria of a standard residential mortgage. You may need short-term funding, finance for a commercial property, support with a development project or a mortgage structured around particular circumstances. Yomo Finance can help you explore specialist finance options and understand the considerations involved.
We'll discuss your plans, circumstances and timescales to help identify suitable options to investigate with relevant lenders. The finance available, lending criteria, costs and terms will depend on your individual situation and the property or project involved.
Bridging finance and commercial bridging finance
Bridging finance can provide short-term funding when a property transaction needs to move quickly or longer-term finance is not yet in place. It may be considered when purchasing a property before selling another, funding a renovation or managing a gap between transactions. Commercial bridging finance is designed for situations involving commercial property or business-related property transactions. The suitable structure will depend on the property, intended use, exit strategy and lender criteria.
Commercial mortgages and semi-commercial mortgages
A commercial mortgage may help fund the purchase or refinancing of a property used for business purposes, such as offices, shops or other commercial premises. The lender will consider factors such as the property, how it will be used and your financial circumstances. Semi-commercial mortgages may be relevant to properties combining residential and commercial elements, such as a shop with a flat above it. The property's layout, occupancy and intended use can affect which lenders and products may be appropriate.
Auction finance and development finance
Buying at auction can involve strict completion deadlines, making it important to understand your funding arrangements before bidding. Auction finance may help buyers who need short-term funding to complete a property purchase within the required timeframe.
Development finance may be suitable for projects involving property construction, conversion, refurbishment or redevelopment. Funding arrangements can vary according to the scale of the project, the costs involved, planning position and your proposed repayment or exit strategy.
Self-build mortgages and second charge mortgages
A self-build mortgage is designed for people building their own home, with funds often released in stages as construction progresses. The release structure, planning requirements, budget and build programme are important considerations when assessing suitable options.
A second charge mortgage is secured against a property that already has a mortgage. Depending on your circumstances, it may provide a way to raise additional funds while keeping your existing mortgage in place. Your existing lender's position, affordability and available equity will all need to be considered.
Mortgages using pensions: SIPP and SSAS
Some property purchases involving pension arrangements may be funded through a Self-Invested Personal Pension (SIPP) or a Small Self-Administered Scheme (SSAS), subject to pension rules, scheme terms and lender criteria. These arrangements can be complex, particularly where commercial property and business use are involved. The options available will depend on the pension structure, the property, the proposed transaction and the relevant legal and tax considerations. Specialist independent pension, tax or legal advice may also be needed.
Speak to our team about your plans so we can discuss the mortgage or finance options that may be relevant to your circumstances.
