A bridging loan provides fast access to short-term funds with no fuss for your client.
- £30,000 to £1.5m
- No early redemption charges
- Short term funding 1 month to 24 months
- Rates From 0.75%
- Immediate decisions in principle
A little known form of finance, a bridge has many uses, including:
1. Buying property quickly, for example at Auction.
2. Buying a property before selling the one you currently lived in.
3. Property refurbishment/development, i.e. buying properties,
renovating and selling them.
4. Buying a new property while a long-term mortgage is
arranged.
Click here for the DIP form