Bridging Loans are short term financial products, typically with a maximum time period of 12 months. Our loans are secured against property that our clients hold title to, but is not occupied by the client or close family on a residential basis.
It is important that our clients have a clearly defined exit strategy in place before taking a loan.
If you are considering a development project, we would like to see that you have experience in this area. We insist that ALL of our clients are legally represented. All projects that we fund have to have appropriate buildings insurance with a noted interest for the lender.
We do not look at your credit rating, we consider the project to be funded. We are quick in communication and decisions, aiding projects that need funding “Right Now”.
Rates from as little as 1.1% per month.
Funding for projects up to 80% LTV.
Lending Criteria
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You own the property you wish to borrow against and if residential, is not occupied by you or your close family |
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Have a realistic exit strategy |
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If Developing you have some form of property experience |
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Do not worry if you have BAD credit history |
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Customers that have been turned down by their banks |
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Need a quick cash injection |
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The property is insured with a noted interest for the lender |
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Both parties must be legally represented |
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Rates from 1.1% pm |
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Commercial loans |
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2nd charge lending |
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1–12 month terms |
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Up to 80% LTV |
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Auction purchase |
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Bridging loan renewals |
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