Bridging Finance (Loan)

A Bridging Finance (Loans) is a short term loan, often used in situations where there is a short fall of cash. They are often used in the purchase of residential or commercial properties.

Many lenders will offer Bridging Loans to most people even if you have a Poor Credit Rating or are Self Employed you can still get a Bridging Loan. The interest you pay on a Bridging Loan will be higher than on other types of loans and as with other loans you will be expected to make repayments monthly. To get a bridging loan you usually have to have a valuation survey done.

For example a Bridging Loan/ Finance could help if:

• You are selling your home, are buying another one and your vendor is ready to complete the sale, but the buyer of your present house is not ready to complete.
• You need the proceeds from the sale of your own home to complete the purchase of your new one and you really don’t want to risk losing it.

Any type of residential, semi-commercial or commercial property or land in England, Scotland and Wales can be considered as security for a bridging loan. It should be noted that bridging loans can be used for many reasons other than buying and selling property. Holidays, Weddings, land purchase, business capital finance, you may generally need to have some cash flow that can be used for any purpose.

We at UK Financial Matters, have an access to some of the best Bridging Finance/ Loan deals in the UK

We do not charge any fee when you apply for Bridging Finance/ Loan through us. We will be paid by commission from the lender.

Please fill up a short enquiry form online or call us now at 0800 311 2012 to discuss your loan requirements or you can e-mail us with your contact details and preferred times to enquiries@ukfinancialmatters.co.uk

Applications can be arranged over the phone or if you would prefer a face to face meeting, our friendly advisers would be very happy to see you at our office.