Bridging Finance on Property - Bridging Loan Purchases House West Midlands
When you need to raise funds quickly, you need a lender who understands that speed and service are critical. With our funding partners, you could take advantage of our no-nonsense approach to lending that means we often make ‘in principle’ decisions fast. An approach that caters for different property types and customer circumstances, including employed, self-employed, limited companies, LLPs, sole traders and partnerships.
Looking for a bridging loan throughout West Midlands area? Are you a home mover caught in the gap between selling one home and buying another? It can be a tricky situation but we can arrange a bridging loan as a cost-effective way to tide you over.
A Bridging loan UK is generally secured on a property or other assets of high value - meaning that the value of your asset is used to guarantee your loan. Payments are interest only, so your monthly repayments are lower as you are not paying back any of the bridging loan principal.
On short term bridging loan interest rate will tend to be higher than that of say mortgage. Long term finance is unsuitable but highly useful and profitable for when you need funds fast.
Call us now for full details of these and other properties 0121 532 2700