Financial Broker London
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How To Find A Financial Broker In London
When you’re looking for a financial broker in London there are many to choose from. The difficulty comes not in finding such a person, but in finding one you can trust. How can you know who is good and will look out for your best interests and who is only out for themselves? Read on to get some tips on what to look out for.
One of the best ways you can be sure that you’re contacting a trustworthy broker who is good at what they do is to ask for recommendations from family and friends. No one is going to suggest you use someone whom they had a bad experience with, so these are certainly recommendations you can trust.
Your estate agent might also suggest using a particular finance broker to obtain a mortgage or a bridging loan. Although there is nothing wrong with this, and estate agents will want to work with good brokers, it may be that the agent is receiving a financial incentive to recommend certain people, which means they can’t offer an unbiased view. That doesn’t mean you shouldn’t use their recommended broker, but do some more research first.
Getting a recommendation is good, but it isn’t always going to be enough. You should also check out reviews of your shortlisted brokers. Finding out what other people thought is really very useful – you’ll get a great insight not only into how good the broker is, but also how they work, and anything that might be off-putting.
Search online for reviews and you will hopefully find a lot to sift through. If there aren’t many (or any) that doesn’t mean the broker is no good, but it is something to consider.
Speak To Them
Finally, when you are looking for a good broker to obtain your bridging loan or anything else that you need, you should always speak to them. Phone their office and ask them questions that you have thought of in advance. This kind of interview might seem over the top, but when you need a financial broker London to be as good as possible, it is always worth doing.
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)