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Want A Bridge Loan ?
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For people or businesses
moving home or their commercial building buying a new
house or property involves selling their old property. Unfortunately
thinks don't always work out as planned an any some
instances the buyer of your existing property decided to
pull out at the last minute. Now you have a choice put
the property on the market and risk losing the new
property or use bridge loan finance to pay for the new
property until the old one is sold.
This kind of finance loan bridges the gap until other
more permanent finance is released. Credit can be
arranged between 2 and 10 days from enquiry to
completion. Borrowing amounts vary between £25,500 and
£10,000,000. Interest rates start at 0.75% per month
but will depend on transaction type and the risk
involved.
Commercial
Bridging Loan
or
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| Who's Suited |
- Purchasing
property at auction.
- Property refurbishment or conversion.
- Chain breaking mortgages.
- Homeowners who have been or about to be repossessed.
- Funds required within days not months.
- Short-term finance for business purposes.
- Commercial property purchase and refinance. |
| Features |
- 100% LTV
Available.
-Market leading rates from 0.75%.
-1st charge or second charge equity release. |
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