Bridging Loans
First & second charge bridging loans
For example, they can be used to bridge breaks in property sales chains, to refurbish a property into a habitable and mortgageable condition or can be used to give time for a tenant to be found for a commercial investment property or until planning consent is obtained for redevelopment.
A number of companies have products that can be converted from a bridging loan to term loan when, for example, refurbishments have been satisfactorily completed or a commercial tenant is in place generating income.
Loans can also be arranged when a development project is reaches near or actual practical completion to release funds ahead of sales, often used so the developer can move onto the next project.
Don’t waste your time trawling the internet for the answer to your funding.
We are brilliant at finding funding solutions for different needs, from the mundane to the complex.
Call us on 0330 353 0029 to discuss your commercial finance needs with one of the team.
The Financial Conduct Authority does not regulate some forms of buy-to-let mortgages and some forms of bridging loan.
As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.
