Amounts are Fr £25k to £10m
Terms can be for 1 week to 2 years
Interest from 4% pm
Loans anywhere in the UK
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"Zara arranged a bridging loan for a project that was far from simple, she was always there to take my calls and offer advice highly recommended"
"Great service arranged my Bridging finance where others had failed Zara worked tirelessly to get my deal over the line"
Gary James
Julie Livingstone
3,000+
HAPPY
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15+
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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 Together
A Together bridging loan is a loan that is secured against a property that either you already own, or one that you wish to buy but cannot get a mortgage in place quickly enough, these loans are designed to bridge the gap between arranging long term finance such as a mortgage, they are also used to release cash from a property that you already own providing that you have enough equity in the property that you intend to offer as security for the loan.
Bridging loans are a fully non-status finance product that does not require any proof of income in order for you to be accepted, they are also suitable for people with bad credit on their file history.
A typical loan would be offered for up to 12 months although short extensions of up to six months can usually be added to the loan should you not be in a position to pay the loan back after 12 months has elapsed.
Bridging loans are often used if you wish to purchase a property but have yet to sell the one you already have, enabling you to make an offer when in normal circumstances an estate agent would only accept one from a buyer who has already got theirs under offer, they will treat you as a cash buyer providing you have an offer of finance from a bridging lender.
Also, this type of loan is used by a buyer who is in a property chain and one or more of the buyers or sellers pull out of the deal, the loan is used to support the chain until you have sold your property.
Bridging Loans are also used by people who need to purchase a property they is unmortgageable due to the condition you would use the bridging finance to purchase renovate and then put in place long term finance or a mortgage.
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. Call Now 0800 138 6001
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