Bridging Loans
With over 30 years of experience, we provide fast and highly flexible bridging loans guaranteeing our customers speed along with the best rates.
Market leading rate of 0.55%
Bridging Loans:
There are over 150 firms in the UK serving the loan industry. These firms range from Bridging finance organisations to private family businesses. This plays a big part in the industry and results in fees, charges and interest rates varying greatly between providers. Not to mention the lending criteria applicants must meet to qualify for a bridge loan in the first place.
That’s where we come in, having access to leading rates of 0.55% and fast completions we consider all cases and even poor credit history, offering loans that can be used for most purposes.
Benefits of Bridging Loans:
-Quick to arrange
-Flexible
-Deferred payments
-Available for all purposes
-Multiple properties as security
-Low borrowing costs & competitive interest rates
-Simple application & minimal documentation
-Various exit strategies
What we offer:
We work with a large panel of lenders, allowing us to be a bridging finance company that provides our customers with the following:
Loan sizes:
Bridging loans are available up to any value and can be a uniquely flexible and cost-effective borrowing solution. Loans can be issued up to 75 LTV, secured against almost any property type and used for more purposes. All agreements are tailored to the borrower’s unique requirements, and they offered a wide range of regulated and unregulated products.
Term:
We offer a minimum of 6 months and a maximum of 18 months. A bridging loan is designed to be paid off in full in a short amount of time. Bridging lenders on average give loans of a maximum of 12 months but others may offer loans up to 18 months. Regulated loans are limited to a maximum of 12 months due to FCA regulations.
Security:
A property that the lender raise finance against. If a loan is not returned the lender will take legal action to acquire possession of the security and will sell the property to recoup the funds lent.