Bridge Loan Broker London UK
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A bridging loan from a good bridge loan broker can be the answer to many different problems when it comes to arranging financing for a project or a house purchase. Getting a good bridging loan really can be the difference between being successful, and having to start all over again.
There are some definite advantages of arranging a bridging loan. The first is that it can buy you breathing space while you raise the funding you require in a more conventional, long term manner. It is, however, important to have a plan to pay off your bridging loan should those finances do not materialise. Your bridge loan broker will be able to discuss all of the options with you, and you will be able to make an informed decision about whether or not a bridging loan is right for you.
Another advantage is that getting a bridging loan is a fast process; much faster than selling a house, for example. In some cases, the bridging loan can be arranged in just a few hours. Bridging loans can also be flexible. Payment terms can be organised to suit you, and the repayment amounts and dates are flexible too. This is because bridging loans are intended to be short term financial aids; they are only meant to be used until the long term finances come into play, and as soon as they are, they are meant to be paid off – otherwise you will have too many financial commitments.
Bridging Loan Rates
Our bridging loan rates start from:0.65% pcm up to 60% ltv (1st Charge)
Residential & Commercial Bridging
Bridging Finance 4U are master brokers and packagers for all the leading bridging lenders and private funders in the UK.
Who We Are and What We Do
Bridging Finance in London, UK is usually used as an interim financing measure until permanent or ‘next stage’ financing is obtained. For example, the sale of an existing residential property may take longer than the required purchase deadline of a new property, bridging finance could therefore be used to bridge the period of time until your existing property is sold, at which point you may have the funds to pay off the bridging loan in full with the property sale proceeds or to use as a deposit to complete on a standard mortgage.
We can also offer finance for both Republic of Ireland and Northern Ireland. In some cases finance can be also obtained for prime locations in Europe for UK nationals whether living in the UK or overseas as an expat.
Why Choose Us?
Standard terms vary from lender to lender, but in general bridging finance is usually available for a period of between 1 and 24 months. It is sometimes possible to agree an extension beyond 24 months in some circumstances, but generally speaking bridging loans are meant as a short term financing measure, lasting months not a few years.
Instead of going to every lender on the market, just come to us, we do all the hard work for you. We have relationships with all the major lenders and private funders and speak directly to decision makers. Funds can be normally released between 3 and 10 days subject to legals.
We can usually obtain terms immediately and formal offers subject to valuation within 2 hours. If you are looking for speed and service then you have found the right company. Rates from 0.65% pcm but see our rates page for more info. We can also now lend on the value of Freeholds.
(Tailors property services)