Our Bridging Finance products could offer a short-term borrowing solution to customers who need to facilitate a deal on a fast turnaround.
This might be the right range for you or your customers if they are:
· Buying properties at auction
· Capital raising
· In need of chain break finance
Suitable for:
· Residential properties including HMOs
· Internal refurbishments
· House to flats conversions
Key product features:
· Min. £50,000 – Max. £2m (inclusive of retained interest and costs)
· Initial term 12 months – can be extended at our option
· No early or part redemption penalties
· Competitive interest rates according to loan to value (LTV)
· Interest calculated daily not monthly
· Retained interest or monthly service
We are happy to understand your requirements and tailor a solution to suit. We will give an instant decision in principle (DIP). No forms to fill – our team will manage it all for you.