FRAUD ALERT:
It has been brought to our attention that a scam loans company called Loan4Help has been committing fraud by claiming to offer or advance “loans” to borrowers whilst pretending to be a trading company of Finance and Credit Corporation Limited. It is not. Loan4Help has absolutely no connection to Finance and Credit Corporation Limited.

It has also come to our attention that a third party has been contacting borrowers on a fraudulent basis by purporting to be Finance and Credit Corporation Limited and claiming to offer or advance “loans” to borrowers. This third party has been contacting borrowers on an unsolicited basis via the following email address: financeandcreditcorporationlim@gmail.com . Please note that our company Finance and Credit Corporation Limited is in no way connected with the third party and does not use or operate that email address.

These operations have been cold calling and emailing members of the public, fraudulently pretending to be or to be connected with Finance and Credit Corporation Limited, asking for upfront fees from borrowers and advancing monies in relation to purported “loans”. They have also sent documents to borrowers which fraudulently claim to contain the signature of the Managing Director of our company.

These operations have also been using the following telephone numbers to contact consumers: 0203 129 2514 and 0238 106 0723. They may also have been operating from other telephone numbers and email addresses.

Please note that Finance and Credit Corporation Limited does not cold call, send unsolicited signed “loan agreements” or ask for upfront fees. We strongly suggest that you call our Managing Director Elio Astone on 020 7722 7547 in advance of proceeding with any “loan” or if you have any further questions.

If you are contacted by Loan4Help, or any of the companies which appear to be involved in these frauds, you should also report them to Action Fraud on 0300 123 2040.


Bridging LoansClear & Simple

Fincorp is one of the UK's most established and respected bridging loan companies. For more than 25 years the company has been providing 1st and 2nd charge bridging finance on residential properties in London and Southern England. Our bridging loans vary typically between £100,000 and £10 million, and we lend up to 70% value of the property secured on the property. And because you deal only with decision-makers, your bridging loan requirements are always dealt with quickly and with the minimum of fuss.

Why Fincorp for Bridging Loans?

We're a Principal Lender. Customers are able to get a decision quickly on their bridging loan without having to wait for authorisation from anyone else. And there's no back-tracking at a later date. So that means when we say yes to a loan, we mean it.

Our approach to business is summed up in two words, Clear and Simple. We believe that bridging lending is a straightforward business, all too often complicated by lenders with their lack of transparency and reliance on the small print. We work hard to make your dealings with us as clear and simple as possible.

Our Criteria

  • Principal Lender
  • 1st and 2nd Charges
  • London and South East
  • Residential properties
  • Bridging Loans from £100,000 - £10 million
  • Up to 70% LTV

Enquiry/Application for Individual Applicants

 

10 Top Tips for finding the right bridging lender

Latest News


Interview with Matthew Anderson


The buy-to-let market is booming again but what's the real reason behind the resurgence and how long will it last? Fincorp director Matthew Anderson shares his thoughts.
Buy-to-let is making a comeback, is that solely because would-be buyers can't get on to the property ladder or is it more than that?
It's a number of things. Recently the National Housing Federation has released data confirming that not only are first-time buyers continuing to struggle to buy but even their parents are finding it difficult to help. We're moving towards having a generation of renters. But it's also because there is a greater availability of buy-to-let products and with interest rates still so low the returns on buy-to-let are very attractive. It's a combination of all these things.
Lots of reports are claiming the UK is moving towards having a renting culture like much of Europe. Will this generation get used to renting?
I think they will. Until recently first-time buyers were being helped by the Bank of Mum and Dad but they're finding it difficult now. It's difficult to release enough equity in their homes and the amount of deposit required by lenders means even the Bank of Mum and Dad angle is prohibited, especially if you have three or four children - how can you find enough to help all of them with their deposits? It's a difficult time.
How can bridging help?
A lot of buy-to-let lenders will lend against purchase price regardless of value. Landlords can buy at market value, hold on to it for a while then refinance it. That's where bridging can help.
Is it dangerous to use bridging to purchase a buy-to-let property in this climate?
Professional landlords will have their exit strategy lined up. Not many say "I'll get it refinanced but I don't know where from yet". People are much more aware. It's important to differentiate between professional landlords and those people who just think property is a good idea. Landlords have a track record. It's not just about finance now, you have to prove you know what you're doing. I know that from my own experience as a landlord. You need to show what agents you use, show you're income, show how long you've been doing it. In the past people though it was easy to make money from buy-to-let, they assumed a rental property will always be rented but that's not always the case.
How much of your business is for buy-to-let?
I'd say 10 to 20% enquires, a year ago that was 0%.
When will the buy-to-let boom end?
It will end when mortgage lenders are happy to provide more residential mortgages with smaller deposits. There's never a really strong buy-to-let market at the same time as a really strong residential market. It's one or the other.