Helping you to secure fast access to bridging loan funds
A bridging loan is a short term loan given to ‘Bridge the gap’ between you buying a new property and selling your previous property. Bridging loans can also be used as a short term loan to help you buy a property at auction, where you need the money immediately but may not have sold your current property yet.
Bridging loans are often used by landlords, developers and people stuck in a broken housing chain. Due to the nature of the loan, they can be expensive and it is crucial before taking out this type of finance that you know how you will repay the loan, for example through the sale of a property or with funds from a mortgage.
Whatever the reason you need access to finance quickly, one of our expert advisers will be happy to discuss your needs and whether a bridging loan is the right solution for you or if there is another option that might suit you better.
Your property may be repossessed if you do not keep up repayments on a mortgage or debt secured on it