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Bridging Loans


Do you need short term finance to purchase a property at auction?
Then a Bridging Loan could offer you the funding you need.....
FAST!



 
So what is a Bridging Loan?......

A bridging loan can be used for a variety of purposes....

* To purchase a property in a hurry, ie. From an auction.

*  To enable the purchase of one property before the completion on the sale of another

*  Temporary funding for the purchase of a 'defective' property, pending completion of repairs and draw down of a long-term mortgage

*  To fund the purchase of a property pending the arrangement of a long-term mortgage. This could apply for example to an investment property purchase when there is insufficient time to arrange a buy-to-let mortgage to complete the purchase

*  To raise capital pending the sale of the security property
 
Bridging loans are available from a wide range of brokers and lenders who can arrange a fast finance decision for property buyers.

So if you are looking to buy property as an investment, buy an overseas property or just need fast funding to grab that great auction bargain, consider a bridging loan as your ideal solution!!

 

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