Bridging Loan

Are you asset rich but cash poor? Could a bridging loan be the best option? This section of Loan.co.uk will help you find the right answers for your situation.

Bridging Loans To Secure Your Plans

Bridge loans could give you the extra finance on a short or medium term basis to bridge the gap, to close the deal, between how much you can borrow for your mortgage beyond the deposit you have got, and getting the keys to your new castle!

Let Loan.co.uk put the power of our parent company Vantage Group to work for you. We’ll scour the industry looking for the current best rates and opportunities on bridging loan finance.

Bridge lending can be a very sensible option for making sure you really do get the house that you want, rather than waiting, risking losing the deal, or settling for a home that’s not really as you picture things should be. Being happy with your home is important enough to use briding finance if you need to.

Search bridge loan finance with the Loan.co.uk quote search service. It’s Free of course. And very fast. Begin by filling in the details on the form on this page.

Reasons to Use Bridging Loans

About 10% of the people we help with bridge loans are for buying a home. Imagine...

You’re THIS close to closing on a mortgage for your new home. Could a bridging loan mean the difference to a house you'll put up with versus the house you really want?

So can you picture the victory of walking across the porch of your new house? But you’re just a little short on cash to close the deal right?

No worries. We’ve helped so many people easily get the necessary finance with bridging loans.

Don't worry: There's nothing scary about briding finance at all, as long as you go with a reputable provider.

Or maybe you're not after a house. Can briding loans still help you? Many people make the mistake of thinking briding loan short term finance is only used for home mortgages.

Here are other reasons that a bridging loan can help you with:

You are buying property at auction - so need cash more quickly than you can release equity from other investments
You are seeking development finance – knocking a property down and re-building or buying land and building property (will realise the cash over a “short term” to repay the loan once the development is complete and property sold)
You are buying commercial property – need to complete on the purchase quickly to secure the property but relying on longer term finance / equity release to pay for it
You need to raise capital for a specific thing i.e a wedding – which you would like to pay back over a reasonably short period of time.
You are in danger of bankruptcy – you can get finance quickly to pay off all debts, clear your credit record over a 6-12 month period and then remortgage to repay the debt.

Interest rates used to be extremely high and these loans were expensive. However rates are decreasing and providers have better offerings available - including no exit fees, no minimum term etc

Let us bring you back some possibilities from the research we can do on your behalf. Use the quote form on this page.

Loan.co.uk > Bridging Loan