What is a Bridging Loan? A bridging loan is a short-term financial solution that you can use to “bridge” the gap between making a purchase and securing long-term financing. Imagine you’ve found your dream home but haven’t yet sold your existing property. A bridging loan can cover the purchase cost, allowing you to seal the […]
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Solve Your Cash Gap: How Bridging Finance Brokers Can Help
How to Get Bad Credit Bridging Loans: A Complete Guide
What is a Bad Credit Bridging Loan? A bad credit bridging loan is a short-term loan that uses property as security. You might seek one to cover a financial gap, complete property sales, or fund home improvements. The loan usually requires repayment within 18 months and often receives quicker approval compared to traditional mortgages. Regardless […]
Auction Finance: How To Buy an Auction Property in 28 Days
What Is Auction Finance? Auction finance is a specialised type of bridging loan created for buying property at auction. Unlike traditional mortgages that take a long time to process, auction finance is designed to fit the 28-day payment window that most property auctions require. If you win the bid, you’ll need to pay 10% of […]
How Bridging Loans Can Finance Your Dream Home: A Full Guide
What is a Bridging Loan? A bridging loan acts as a financial life-saver when you need short-term cash. Let’s say you need to buy a new home before your current one sells; a bridging loan helps you “bridge the gap” between the two transactions. Unlike a mortgage, the approval for a bridging loan can be […]
Bridging the Gap: How 100% Bridging Loans Can Help
Can You Get a 100% Bridging Loan? The quick answer? Yes, you can. But: Remember, even with these conditions, there’s no guarantee you’ll get the loan you seek. Various factors, such as the type of property, its location, your exit strategy, and more, play a role. Want a more tailored answer? We suggest you have […]
Equity Release Companies to Avoid in 2023: 8 Warning Signs
Which Equity Release Companies to Avoid in 2023? You can spot the equity release companies to avoid in 2023 by identifying the following warning signs: Warning Signs & Reasons to Sidestep Certain Firms You should sidestep equity release companies with the following warning signs: These warning signs indicate that a company may not be acting […]
