Can Nester provide you finance?
48 hrs
to indicative terms
5 days
for credit approved terms and funds reserved
3 weeks
To execution with all financings prefunded.
Industry Leading Experts Providing
A Quality Investing Platform
150 +
YEARS OF EXPERIENCE
100%
FCA Authorised and Regulated
5000+
HOURS OF TECHNOLOGICAL DEVELOPMENT
What we Offer?
Finance to Value
Up to
75%
Finance to Cost
Up to
85%
Profit Rates
from
7%P.A
Early Redemption Fees
Up to
None
Term
up to
36MONTHS
Fees
from
1%
How it works then?
This is Nester’s Deal Journey
01
Nester Receives Finance Application
Buyers approach Nester seeking finance for a property acquisition, refurbishment, or refinance.
02
Application Screening
All transactions are reviewed by a team of property professionals with decades experience and processed through a scorecard built with robust underwriting standards.
03
Credit Comittee
Once a deal has progressed through the screening process and is supported by a team member, it is presented to credit committee for approval. A further independent check and balance.
04
Deal Live
Once approved the deal goes live on the Nester platform and becomes available for approved investors to invest. Each deal summary includes the due diligence performed by the Nester team and documentation available to download.
05
Pre-funding & Investing
Nester works with pre-funding partners who have committed to providing the funds to complete a property financing within a reasonable timeframe for the buyer. All pre-funded amounts remain available for all our approved Investors to invest.
06
Regular Review
Nester continues to regularly review all financing arrangement providing regular updates for investors to monitor. The buyer pays the return on each financing along with the full settlement at the end of the agreed term.
Financing Criteria
This table outlines the broad terms of Nester’s financing criteria for any individual transaction:
| Commercial / BTL Financing | Refurbishment Finance | Bridge Finance | |
| Type of Buyer | Corporate | Corporate | Corporate |
|---|---|---|---|
| Professional Fees | Paid by Buyer | Paid by Buyer | Paid by Buyer |
| Arrangement Fee | From 2% | From 2% | From 2% |
| Profit rate p.a | From 9% | From 11% | From 12% |
| Financing Amount | |||
| Minimum | £200,000 | £200,000 | £200,000 |
| Maximum | £5,000,000 | £5,000,000 | £5,000,000 |
| Maximum Finance to Value | 75% | 75% | 75% |
| Maximum Finance to Cost | - | 85% | - |
| Maximum Term of Financing | Up to 36 Months | Up to 24 Months | Up to 12 Months |
| Independent Valuation | |||
| Independent Certification of Costs | - | - | |
| Minimum Security | |||
| First fixed legal charge | |||
| Debenture | |||
| Guarantee (Corporate / UBO) | - | ||
| Assignment of Rental Income | - | - |
Type of Buyer Corporate |
Professional Fees Paid by Buyer |
Arrangement Fee From 2% |
Profit rate p.a From 9% |
| Financing Amount |
|---|
Minimum £200,000 |
Maximum £5,000,000 |
Maximum Finance to Value 75% |
Maximum Finance to Cost - |
Maximum Term of Financing Up to 36 Months |
Independent Valuation |
Independent Certification of Costs - |
| Minimum Security |
First fixed legal charge |
Debenture |
Guarantee (Corporate / UBO) - |
Assignment of Rental Income |