A bridging loan can help you access funds quickly to complete a property transaction. For example, if you want to purchase a new property before your current property is sold or to allow you to renovate a property in a short space of time before selling it on. In these cases, a bridging loan could provide the stop-gap you need.
A bridging loan is a short-term solution which lasts between 1-24 months. They 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. We can help you with the latter.
Our Mortgage Brokers will provide you with a free no-obligation quote which we can then tailor to your needs. Don’t worry – this search will not affect your credit rating.
We compare every lender in the marketplace, which means we can access lenders who only deal directly with qualified advisers.
Our qualified advisers are salaried, so you can be sure that you are receiving the best impartial advice.
We promise that you won’t be passed from pillar to post. One of our qualified advisers will deal with your application from start to finish.
Your initial consultation is completely free. We will only charge you a fee if you decide to proceed with your application.