Bridging Loans
Bridging finance is short-short borrowing taken out to facilitate a transaction, secured against residential or commercial property.
We are able to meet most bridging loan requirements covering all areas of the UK, Northern Ireland and Scotland.
When funds are required within days rather than weeks, we can arrange competitive quotes sourced from the widest range of products to suit all lending requirements.
What we do
- Bridging finance for any purpose
- 1st charge or 2nd charge equity release
- 1 – 36 month terms available
- Fast processing – from 2 – 10 days depending on information supplied
Clients best suited
- Client purchasing property at auction
- Property refurbishment or conversion projects
- Clients with chain-breaking mortgages
- Clients who have been, or are about to be repossessed, to avoid bankruptcy
- Clients requiring short-term finance for business purposes
Turnaround times
Bridging finance cases can be completed in a matter of days, depending on the loan size, the security being used and the initial information supplied.
A bricks and mortar valuation report that must have been carried out within the last 3 months by a panel surveyor is required on all cases.