If your property requires refurbishment before a sale, a bridging loan is one option available to you. This short-term loan can allow you to make necessary renovations.
Whether a part of a longer property chain has broken or a buyer has dropped out of a purchase a bridging loan can enable you to move houses with additional financial security.
A bridging loan may be a viable choice for property investors and landlords to support your expansion with short-term financing. Many landlords rely on rental income to cover investments.
If you need to complete a property transaction by a deadline, a bridging loan can be a viable way to access necessary funds when other lenders or banks are delayed.
If you uncover the ideal property and do not want to risk missing out, choosing a bridging loan can be an option to access funds for that purchase while applying to a lender for a long-term solution.
We have many years of experience acting for borrowers wishing to take out a bridging loan, development loans and commercial mortgages across England and Wales.
We understand the importance of minimising disruption to your day-to-day operations and throughout the process, will work with you to ensure a smooth completion to your finance needs.
We will not be beaten on Price. We will not only match but beat any genuine fee estimate from any firm of Solicitors.