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Bridging Finance
For short time finance Bridging Finance can meet the needs of most. This enables you to borrow money short term, with the understanding that you have the money coming from other resources imminently or can pay it back in the near future. It effectively creates a ‘bridge’ between the need to pay for something today and having the ability to pay for it later, enabling you to purchase items in a timely manner.
This is typically used as follows:
- To fund a property purchase so you don’t lose your ideal home, where your home has sold but not completed and the purchase is urgent
- To fund a property development purchase and initial or full works
- To fund a purchase where funds for property purchase have not been arranged in time
- To fund short term home improvements until other finance is arranged
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE.
We normally charge a fee for mortgage advice, however this will be dependent on your circumstances. There is no fee for an initial consultation and any fee payable will be explained in full prior to application.
To understand the features and risks please ask for a personalised illustration.
Some of the above products and services are not regulated by the Financial Conduct Authority.
