We offer bridging loans from £200k up to £2m.
There are many reasons why someone may prefer to apply for a bridging loan rather than a long term mortgage. These include:
- To proceed with a purchase prior to selling your home.
- Those who own a property which would not qualify for a standard mortgage, for example a home which needs a new kitchen, bathroom or renovation.
- Those who wish to purchase a property, but are unable to proceed as cash is tied up in a property which has not sold yet.
- To fix a broken property chain if your buyer pulls out last minute