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This is a loan that is usually taken out to solve a temporary cash
shortfall that may arise when buying a property or
business, or perhaps paying for a development / renovation or
alternatively buying at
auction where the money is needed quickly. A
typical example of when you may need a bridging loan
would be if you want to buy a second property before you've sold your
first. Whatever the reason, if you have a cash shortfall a short term
bridging loan may be the solution.
Depending on the
lender, a Bridging Loan can be obtained by the self employed or people
with bad credit. In other words to those who traditionally have found it
more difficult to get loans and mortgages.
We have teamed up with
TJB Finance Ltd who have years for experience in arranging
bridging loans for residential AND commercial purposes.
You will receive a rapid priority response as we realise speed is a
priority. Bridging loans can be arranged for up to 80% of the property
value. We understand that when you apply for a Bridging Loan you need to
know that your application is a priority and that it will be dealt with
in a speedy and efficient manner. This is how we operate.
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