Mayfair Bridging's unlimited adverse credit product proves successful

Director, Shoaib Bux, said:

"The unlimited adverse product provides that essential lifeline to borrowers who may be in trouble by giving them nine months to sell the property to pay off the bridge. It also offers another avenue of finance for property investors with a poor credit history.

"Due to the lack of traditional financing available to adverse credit borrowers, it is very difficult for property investors to continue buying and trading property. Even a minor blip on their credit profile means they are excluded from most mainstream buy-to-let lenders.

"This seriously impacts those investors who buy property simple to refurbish and sell on with a profit. Our product allows them to continue trading property or refinance their existing portfolio to release equity for another refurbishment project."