Providing individual mortgage advice; unique to you
We’re able to offer you facilities for both commercial and residential markets and take pride in having access to a wide range of providers, ranging from a division of a mortgage lender to small private investors.
We’re proud of the fact that we not only arrange a quick bridging loan when it’s needed, but also arrange a loan tailored to meet your individual situation, ensuring you understand all the procedures of the process and at very competitive rates regardless of whether the bridging loan is small or large.
So what are bridging loans?
A typical use of a bridging loan would be for those times that you’ve still not found an owner for your old property but chosen a new one to move into. The loan is designed to help with a cash inflow until you’ve sold you’re old property. However be aware that most Bridging Loans are only available for a period of up to 12 months and after that period of time the lender will expect to be repaid. If you cannot repay the loan the lender would be entitled to foreclose.
Some additional examples of where bridging finance may be used for short term solutions;
- Property sale has fallen through or is delayed and client is purchasing another property
- Purchasing properties at auction
- Temporary cash flow problems
- Property Development
- Renovation of property
- Land acquisition
- Urgent payment of a tax bill
- Prevention of repossession
- Divorce settlement
We are very transparent with all our services and you can be sure that what you see is what you get. This means that we don’t have any hidden costs that you might come to know of later on after you have signed the contract.
Secured and unsecured loans on investment and commercial property are not regulated by the FCA.