BRIDGING FINANCE

Bridging finance is designed for short term finance. Usually secured against residential property in place of a conventional mortgage which may take too long to arrange. Bridging finance can also be used when purchasing a property prior to sale of an existing property, in situations when capital needs to be released quickly. Bridging finance can also be used to avoid bankruptcy/repossessions and to clear any mortgages arrears.

The most common use of bridging finance

Bridging finance is normally used when a new property is to be purchased but a current property has yet to be sold. A bridging loan can be used to secure and purchase a new dream property to avoid the disappointment of sale to a third party. Providing you have equity in your current property a bridging loan can be secured on both the new property and existing property to enable the bridging loan funds to be released for the purchase of the new property while you wait for your existing property to be sold.

Types of bridging loans

Use a bridging loan for urgent funds to clear mortgage arrears and avoid repossession

If you need quick, no fuss, short-term finance our bridging loans are for you. Additionally, we offer a whole range of financial products and together with our "can do" approach we are perfectly placed to help deliver bridging finance loans whatever the situation!