Martin Lewis Bridging Loans can I get a Bridging Loan from Martin Lewis

Martin Lewis founded a loan comparison web site that was owned by Martin Lewis who sold in 2012, Martin Lewis is a UK based consumer finance personality who built money saving expert into a major website in the UK, from looking through their websites we cannot see that they offer bridging loans or finance to people looking for a Martin Lewis Bridging Loan, if you are looking for a bridging loan or finance, then there are many more options.

 

Bridging loans and finance are basically secured against a property asset that you already own or one that you are intending to buy, usually before you sell your own property, they are secured against the property through what is called a charge, this is exactly the same way a mortgage is secured against a property and means that you cannot sell the property before the charge is discharged, which means the bridging loan has been paid back in full to the lender, you then have free title to the property and any proceeds that you receive from the sale.

 

Bridging Loans are offered as a loan to value of the property you intend to use as a security for the loan and can go up to 80% on a loan to value basis, these loans are short term funding solutions for both property purchase and also if you are looking to release short term capital from a property you own that has equity in it, they can be on a first or second charge basis, so you can get a bridging loan on a property even if you already have an existing mortgage, in this situation when the loan is paid back the lender will then release the second charge.

 

We deal with over 80 bridging loan lenders who offer loans throughout the UK and will also offer bridging finance on all types of properties including residential, commercial, semi commercial and even land.

 

A typical bridging loan would be taken over a period of 12 months and in some instances up to 24 months, although you can pay the loan back at any time you choose and you will only ever pay for the days the loan was outstanding.

 

 

What Next about your Bridging Loan?

 

Contact us to go through all of the options that are available to you can use chat, our web form or give us a call any time day or night and at the weekend. 

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Bridging Loan.co.uk is a trading name of Top 10 finance Ltd is authorised by The Financial Conduct Authority (FCA) no 725234 The FCA   Think Carefully before securing debts against your home. Your property could be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. We are registered and comply with the Data Protection Act (1998). Registration No: Z2861884 Company registered in England number 06261373.  Privacy Policy