Mezzanine Finance is an additional form of financing available on both residential and commercial properties.

As most banks/financiers can already provide funding up to 95% against the value of a residential house, this form of financing is not normally required.

The exception is where you are looking to raise additional finance against a commercial property, beyond the lender's recognised debt lending levels/criteria.

Normally this type of funding is provided by private lenders, private companies and solicitors and is very restricted in its nature.

The loan interest rates are naturally higher given the higher risk associated with the borrowing and loan terms are relatively short.

The loan funds are available for any worthwhile business purposes, however restrictions may apply, depending of where the funds are sourced.