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Nationwide non-status lenders
We lend money secured on commercial property throughout England and Wales. Our loans are non-status so we lend purely against the value of the property. We have been lending continuously since 1983.
Our loans are like bridging loans BUT HAVE NO TERM.
This means that you can repay the loan whenever you want to.
Who we are
We are Devon and Cornwall Sercurities Ltd (DCS). DCS has been lending money secured on property throughout England and Wales ever since being established in 1983.
What we offer
We believe DCS is the only true long term non status lender. By this we mean that we lend based on the value of the property alone. It can lend up to 65% of the 90 day value, (that is a valuation by a Chartered Surveyor confirming at what figure the property could be sold if it had to be sold within 90 days), or of the purchase price, whichever is the lower.
How we work
We are able to assess the case both from an underwriting and legal position very quickly and tell you whether or not we can help.
All our offers are time limited so they have to be completed within 28 days of receiving the valuation and our solicitors will move very quickly.