Discuss a private lending scenario

When this is worth discussing

Private and short-term scenarios typically involve a specific property offered as security, a defined purpose, and a clear view of how the finance is expected to be repaid or refinanced within the term. Timing pressure — auction dates, construction bridges, chain settlements — is a common reason to start the conversation early.

What a clear enquiry includes

The amount required, the proposed security, and how you expect the finance to be repaid. Share an initial summary before providing detailed documents. Ask about the term, costs, security and conditions of any proposed arrangement, and confirm what happens at the end of the term before deciding whether to proceed.

What to prepare

• Proposed security property and approximate value
• Amount required and purpose (purchase, refinance, cash out, other)
• Expected term and settlement date
• Repayment or exit intention
• Background factors worth explaining early

How the discussion progresses

Send the scenario summary. We discuss whether the shape of the deal works, what the lender will want to verify, and the sequence to settlement. Client-requested terms are preferences to discuss, not guarantees a product with that term exists.

Make the proposed exit specific

The exit is how you expect to repay the facility at the end of the term. It might involve a sale, refinance or another source of funds, but the expectation needs supporting detail. Explain what must happen first and which parts remain uncertain. A future lender decision or property sale cannot be treated as guaranteed. Ask what happens if the exit takes longer or the funds available are lower than expected. Discussing these questions early gives the assessment a clearer foundation than relying on a short term alone. Include the costs and practical steps involved in the proposed repayment.

Describe the security and transaction

Identify the property, use, ownership and any existing mortgages or charges. Include an approximate value and the basis of the estimate without presenting it as a lender valuation. If multiple securities or parties are involved, outline their roles. For a purchase, provide contract dates and transaction stage; for a refinance, explain the current debt and why replacement finance is required. Raise credit history or other complications relevant to the proposal early. Property value does not remove the need to understand purpose, structure and repayment. The team can identify which supporting documents are relevant after reviewing the initial summary.

Review realistic cost scenarios

Before signing, ask for a complete explanation of interest, fees, legal and valuation costs, and any extension or default provisions. Understand whether charges are paid upfront, deducted from funds or paid during the term, as this affects the usable amount and obligation. Consider the outcome if the expected exit is delayed rather than reviewing only the best-case timetable. Obtain independent legal advice on documents and security obligations. A deadline can matter, but it should not replace careful review of the commitment or an understanding of outstanding conditions. Ask who needs to do what before any settlement date can be confirmed.

A useful first conversation

Begin with a short summary rather than sending detailed financial or identity documents in a first message. Tell us the best way to contact you and any dates that affect your plans. We can clarify the information needed and how it should be supplied securely. Ask what remains to be assessed, which parties are involved and what the next step means before making a commitment.

Conditions to keep in mind

An enquiry does not guarantee finance. Any proposal is subject to review, relevant requirements and clear agreement on the terms and obligations.