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CBILS Remortgage

Let us help you move your existing mortgage to a CBILS mortgage

Frequently Asked Questions

Excellent

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511 reviews

LTV up to

75%

Rates from

2.3%

Free for

1 Year
Investment & Trading properties accepted
Refinance only - No new purchases
1st Year COMPLETELY FREE!
Capital Raising also accepted

How It Works

With our simple form, case management tools, and expert advisers; finding funding has never been simpler.

Complete online enquiry

Let us know about you and your existing property

Indicative quote

If your scenario is eligable for CBILS our adviser will issue an indicative quote.

Offers from lenders

Offers made under the CBILS scheme. There are NO arrangement fees.

Completion

Valuations are conducted, formal offers made, funds are drawn. The process takes 8-10 weeks.

Get Quote

Frequently Asked Questions

Need answers? We got 'em.

Yes, any property in the accommodation or food sectors (such as restaurants, pubs, hotels, Takeaways, B&B’s), or anything in the healthcare sectors (Care Homes, GP & Dental practices) are not acceptable.

All other property types are considered.

No. With a CBILS re-mortgage you will get 12 months interest and capital repayment free. The interest costs are covered by the Business Interruption Payment (BIP). The lender will provide a 12 month repayment holiday.

If you opt for a capital and interest repayment mortgage then the capital repayments will begin on the 13th month.

If you opt for an Interest-only mortgage then there will be no capital repayments at all.

Yes, 'capital raising' is allowed as long as you can demonstrate that the funds to be released a for a business purpose – no speculative use)

Subject to affordability stress test you can release up to 75% of the value of the property, minus the existing mortgage outstanding.

Yes, all residential or commercial investment properties are eligible, providing they are income producing with a tenant that has not been too badly impacted by the pandemic.

Unfortunately these will need to be paid as part of the settlement of the existing mortgage. You should therefore factor in any exit penalties your existing lender may charge before pursing a CBILS re-mortgage.

Yes, you will need to pay for a valuation to however if the application for funding is successful the cost of the valuation will be covered by the Business Interruption Payment (BIP) provided by the government. You will therefore be refunded once the lender receives the BIP payment.

Valuations are only instructed once a full underwrite is completed on the case, so all other aspects of the application will be acceptable to the lender prior to the valuation fees being incurred.

There is the risk that the valuation comes lower than expected and the lender either reduces their loan amount or declines to lend. In this scenario there would be no refund of valuation fees.

Excellent Service

Don't just take our word for it. Read our latest reviews.

Anonymous
Rated 5.00 stars out of 5

Tim was fantastic from start to finish!

Darren Mills
Rated 5.00 stars out of 5

I have used Tim for the second time to complete 3 re-mortgages on BTL's and commercial property. Excellent service again with great communication and a professional approach. Will be back in touch in the future. Thanks again.

Peter
Rated 5.00 stars out of 5

Very professional, calls me back when she says she will and continues to work diligently on my mortgages to try and get me the best deal available

Anonymous
Rated 5.00 stars out of 5

So far my experience has been excellent. It was very easy and convenient to book the appointment. Jodie was excellent and helped me to complete the application. Really grateful.

PETER HOPKINS
Rated 5.00 stars out of 5

Jodie Stevenson was recommended to me by a friend. The last “Mortgage Advisor” who was working with me on my property portfolio suddenly moved to another company and could not continue working on my properties. In the short time that Jodie has been assisting me in trying to Remortgage several of my properties, I have found Jodie to be very profess...

Anonymous
Rated 5.00 stars out of 5

I had a quick chat with them and they were very kind and competent.

Rated 4.91 out of 5 based on 511 reviews

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

About Us

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B2Bfinance.com operates as a commercial finance broker and is not a lender. B2Bfinance.com is a full member of the financial intermediary and broker association (FIBA) and operates under its code of practice.

Contact Info
  • 0116 298 7376
  • info@b2bfinance.com
  • B2Bfinance.com, 169 London Road, Leicester, LE2 1EG
  • Monday - Friday, 9am - 5pm
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