BRIDGING FINANCE LOANS UK
Are Bridging Loans a Good Idea?
Are Bridging Loans a Good Idea?
How quickly can I get a bridging loan?
Is there an alternative to a bridging loan?
The alternative is for you or someone else to raise the money you need on your own property. This all depends on your own situation it could be possible to do this by raising a standard mortgage, with bridging finance or without early repayment charges. This might depend on if you have adequate income to support the loan.
We are able to help you and that you will benefit from speaking to one of our independent mortgage advisers. Please call and we will then be able to help you find the right mortgage for your circumstances.
A bridging loan works by providing funding upfront to complete on a project or a property purchase before any another credit funding can be secured against the same.
The term ‘bridging’ is used, as effectively you are bridging the time frame between the two lines of credit.
There are two types of bridging finance loans:

