A short-term borrowing product such as an adverse credit bridging loan can be used for a variety of different reasons. Perhaps you are looking to raise funds to purchase a new property while waiting for your current home to sell.
You could be a business owner or experienced property developer who hit by an unexpected cash flow crisis or a poorly timed tax demand with very little time to pay. Whatever your reason is for borrowing the money, adverse credit bridging finance can be approved and paid out quickly, giving you enough time to make that property purchase or to settle that urgent tax demand before it ends up too late.
There are some methods to give you an approximate amount, such as multiplying your income by x5 or concluding how much you could afford per month.
In order to qualify for a bridging loan, you must have a strong credit history. If you are having some credit issues, they may need to seek private lending options, which can often mean higher interest rates and fees.
Bridging finance is a short-term funding option used to 'bridge' a gap between a debt coming due and the main line of credit becoming available.
To apply, all you need to do is visit our contact us page to make an appointment or request a quote.
For arranging a mortgage, we typically charge a fee of £295 which is only payable on receipt of a mortgage offer. However, this is dependent on your circumstances.
We offer bespoke services ranging from property sales, conventional mortgage advice through to commercial loans and home insurance.