Secure the deal with a
fast bridging finance loan ...
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Fast bridging finance loans from £10,000 -
£3,000,000
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1 month - 36 months terms
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Market-leading rates from 0.75% per
month
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100% LTV available (additional security
required)
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No accounts or proof of income needed
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Completions from 2-10 days (depending on
information supplied)
Anyone who has ever sold and bought a property knows that
the process doesn't always go smoothly.
Tight completion deadlines or a temporary cash shortfall
often mean a deal can depend upon
finding flexible bridging finance in a hurry.
This is when a bridging loan can be used
to 'bridge' the gap when you cannot complete the sale of
one property in time to pay for the purchase of
another. This ensures you don't loose the
property and all the costs invested during the buying
process.
Discounted property purchase
secured with fast bridging
finance...
A customer secured
the purchase of the last
apartment in a new development at
a discounted price with the condition
that the sale completed within 2
weeks. The customer contacted a number
of high street lenders who had
agreed to the loan in principle but
could only lend based on the purchase
price, not the value. Due to the
timescale involved and the fact that
the customer had very little cash
equity to help fund the purchase, the
customer had to find a lender who
could lend the funds within the 2
weeks, as well as lend against the
property's value. We found a lender on
our
panel who completed within
4 working days and was able to
lend the full purchase price due to
our ability to lend against the value
of the property, not just the
discounted purchase price.
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A new breed of
bridging finance loan offering speed and
flexibility...
A new breed of bridging finance can now offer you much
more flexible terms with security taken out across a
number of properties and property type. From residential,
semi-commercial and commercial properties or land to property
that is fully or partially developed, in perfect condition or
need of renovation.
The multiple benefits of bridging finance loans can mean the
difference between success and failure in the property game.
Whether for personal or business use, acquiring property can be
complex and risky. But the speed and flexibility which good
Bridging Loans provide, can make what is often an uncertain
time much more predictable.
Finance of Spanish
property completed in 48
hours...
Our client owned a UK
property worth £200,000 and urgently
required £48,000 to complete the purchase
of an apartment in Spain.
Our lender valued the property and sent
the client an illustration of the bridging
finance loan and an application form by email
within an hour. The client completed and
faxed back the application form the same day
and legal agreements were issued that
evening. She saw her solicitor the following
morning, returned the documents to the lender
who then sent the funds by
telegraphic transfer.
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Whatever your property needs we can
find a bridging solution fast...
Fast bridging loans can provide access to funding with
the minimum of fuss and can be applied
to many different circumstances. One of the most
common is when people buy a new property before their
existing one is sold. Others include refurbishment of run
down properties to be renovated in a short space of time
and the purchase of property at auction.
With certain specialist lenders now competing to offer the
quickest completion times and most flexible products, we can
quickly secure the best finance for your needs allowing you to
get on and complete the property deal.
Auction property purchase
saved by a fast bridging finance
loan...
Our customer
purchased a property from auction as
a buy-to-let investment which had a
completion deadline of 28 days.
Although the customer's bank had agreed to
finance the purchase, the client was not
confident in their ability to
complete the loan before the deadline. The
customer was determined not to
lose his deposit so made contact with
us.
Our lender was able to complete the
loan within 5 working days and the
customer was then able to re-mortgage with his
bank to redeem the bridging loan.
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Top five questions about
bridging finance loans...
If you have a question about bridging finance that is
not answered here, please complete the enquiry form on the
contact us page.
- How much can I
borrow?
Lenders will advance from 70%-100%
of the property value depending upon circumstances and from
£50,000 to £2 Million.
- How quickly can I have the funds in my bank
account?
Again depending upon your
circumstances, but funds can be paid within a few days.
- Are there any penalties for early repayment
of the loan?
There are no penalties for
early settlement.
- What security is
required?
Loans are secured against the
property being purchased but can be secured against
additional property to increase the loan to value.
- Are there any additional fee's to
pay?
Other than the normal mortgage costs
such as arrangement fee's etc, there are no fee's charged
by us.
Contact us for free bridging finance advice
without obligation...
We are a bridging finance loan specialist. If you've found
it difficult to secure bridging finance to suit your
needs, have been turned down by your bank or had credit
problems - complete the form below without cost or
obligation.
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100% LTV available
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No accounts or proof of income needed
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Completions from 2-10
days
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Submit your priority
bridging finance loan enquiry
here...
Please complete the form below
and an adviser will contact you within 24 hours
without cost or obligation.Your
details will only be used to contact you about
your finance enquiry and are protected by the
Data Protection
Act.
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