Bridging Loans are available for a whole range of finance requirements and can be on the basis of a 1st, 2nd or even 3rd charge, for any purpose.
Where?
Covering all areas of the UK, Northern Ireland, and Scotland, we are able to arrange competitive bridging facilities through our network of lenders. Whether it be licensed premises, office block, land or residential properties, our lenders will look at all types of security.
Purpose of a Bridging Loan
Bridging Finance is commonly used for the following reasons:
- Purchasing property at auction
- Property refurbishment or conversion
- Chain-breaking mortgage
- Purchasing property where the surveyor recommends a retention
- To help homeowners who have been or are about to be repossessed
- To stop bankruptcy
- When funds are required within days rather than weeks
With our varied panel of Bridging Finance Lenders we can arrange competitive quotes for our clients and offer a wide range of products to suit all lending requirements.
Most bridging loans are not regulated by the FSA