Bridging Loans
A Bridging loan is an excellent source of secured, short-term finance that can be arranged very quickly. It is suitable for those buying property in auctions, funding the time between buying a new home and selling an old one, buying a property for renovation and a quick re-sale or any purpose where short-term cash flow assistance is required. Bridging loans are excellent for nearly most all home owners
The facts of Bridging Loans you need to know are:
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To qualify for a bridging loan you simply need to have equity in your property such that total borrowings do not exceed a Loan-to-Value (LTV) of 75%.
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Interest is quoted and charged based on a monthly rates. Ask us for the best rates.
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It is usual to have a set-up fee of approx 1-2% of the loans as well as valuation and legal fees (these may be added to your loan rather than paid up front).
Complete the simple Application form and one of our Bridging Loan finance experts will get in touch to process your requirements.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Bridging Loans

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