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What is a Closed Bridging Loan ?

What is and Open Bridging Loan ?

About residential bridging loans

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Bridging FAQs
Q What can the loan be used for ?  
A
It can be used for any purpose.

Q
How much can I borrow ? 
A
Between £25,500 - £10,000,000

Q
What are the interest rates ?
A
Rates are available from 0.75%per month.

Q
How long will it take ?
A
processing time takes between 2 to 10 days, depending on information supplied.

Q
What terms are available ?
A
Terms are available from 1 month to 36 months.

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Bridging Finance Residential Loans

Bridging finance for residential property provides temporary funding for use when the purchase of a new home and the sale of the old home are not synchronized. When you have a contract on your old home and you have purchased a new home, this loan allows you to complete the purchase.