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Andrew Currie

PRA urges buy-to-let lenders to toughen up rules

The Prudential Regulation Authority, part of the Bank of England, has warned buy-to-let lenders to take into account the reduction in mortgage interest tax relief when assessing applications. Richard Hepburn, operations manager at Gorilla Accounting said: “With the reduction in tax…

Ground Up Development – 100% Finance

In addition to providing typical Bridging Finance, Seneca Bridging will consider 100% finance on ground up development projects for experienced developers with a strong track record of successful developments. We were approached in January to consider such a funding request…

What finance do we offer?

Take a look at our flyer which provides more information on the facilities we are able to offer, including the rates at the time of publishing and some headline conditions. Seneca Bridging Finance Summary Flyer Seneca Bridging has a strong…

What is Bridging Finance?

Bridging finance was traditionally used to ‘Bridge the Gap’ between two mortgages as an individual needed to complete the purchase of a new property whilst still waiting for the previous property to be sold. However the industry has moved on…

A busy 2018

As you can well imagine it’s been a busy 2018 so far at Seneca, and with December fast approaching, we’re not finished yet! Follow the link below to see some examples of Recent Development Schemes Funded by Seneca Bridging in…