Bridging loans and short term finance

For fast access to funds with the absolute minimum of formalities and red tape.

A bridging loan is secured against residential or commercial property, freehold or long-term leasehold. A first or second charge will be taken against new or existing property, or a combination of both.

A bridge can be used for many purposes:

   •  To buy property quickly, for example at Auction
   •  To buy a property before you’ve sold the one you live in
   •  When the sale of your house has fallen through
   •  To refurbish property, e.g. renovating and selling
   •  For property development
   •  To buy property while a long-term mortgage is arranged

But he money you raise can also be used for any major purchase where speed is of importance. For example:

   •  To buy a business
   •  Divorce settlement
   •  Holidays
   •  Weddings
   •  To pay off debts
   •  To prevent repossession
   •  Short-term cash injection for a business
   •  Development finance for building work
   •  Buying land – with or without planning permission
   •  Overseas property