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Fast
Bridging Loans |
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One of the most popular areas that
people need a bridging loan for is that of commercial.
Whether you have just bought a house at auction or need
to borrow short-term to buy some land that you have
bought to develop a commercial bridge loan can help. |
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| If you need
the funds fast perhaps for stopping the repossession of
a UK house you are in debt on or to take advantage of
emerging business ideas or ventures a bridging loan
could be the answer. Funds can be paid within
days. |
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| Residential |
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Short-Term |
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The main residential
purpose of a bridging loan lending is for people wishing
to finance the purpose of a property before they have
sold their existing home. |
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| The terms available are usually from 1
month to 36 months. So there is plenty flexibility. Obviously
the longer you have it the more interest you pay the
lender. |
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| Other
Bridging Loans |
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There are many other uses
for this kind of finance. Whether it be a entrepreneur
or property developer needing fast financing to
funds a new business or someone completing a fast
property purchase. |
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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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