Instant Finance

What if you want to sell an old property and buy a new property in lieu thereof, however the sale of your property is still pending and you fall short of the needed cash to buy the new property you want? What’s the available remedy to meet your cash needs? You can borrow from friends or family members, but the impediment with this solution is you might not be able to get the right amount. Buying real properties for example is costly and I doubt if you will find a person who will be willing to lend you a big amount of money. Don’t fret. There is one guaranteed solution to this kind of problem, known as Bridging Loans. Bridging loans, such as residential bridging loans and commercial bridging loans are short term loans to fund urgent financial situations normally resorted to in order to fund the purchase of properties. This type of loan is secured on an asset which is professionally valued such a residential property etc.

How much you can you borrow?

The typical range of amount you can borrow is between £30,000 to £10million. But let me point out that the value of the property on which your loan is secured is of prime consideration. Ordinarily you can borrow 85% of the market value of the property.

Do you have to wait long for your money?

No, not at all. Your loan can be approved in hours and your loan completed in short day. A bridging loans specialist will contact you in a speedy manner.

My recommendation

Allow me to recommend for your own benefit where to apply for bridging loans. For now there is nothing in mind except for Bridging Loans dot Co dot UK. It is very comprehensive all embracing website about the bridging loan market in UK. News, case studies about bridging loans are featured in this site. If you are ready to apply, just submit the required information via a hassle free online application form or speak to a professional at the site by filling the form below. See image.