Key Points
Product Summary
| Interest | 0% per month |
| Loan To Sale Price | Up to 95% |
| Sale Facility Fee | 3 – 5% |
| Term | 1 day – Until the property is sold |
| Loan Amount | £1,000 – £100,000 |
| Available to Individuals | Yes |
| Available to Limited Companies | Yes |
| Adverse Credit Accepted | Yes |
| Non-Status Accepted | Yes |
| Repayment | NO repayments until the property is sold |
| Privately Funded | Yes |
| Quick Process | Yes |
Simple Process
How It Works
1
Website Enquiry
2
Agreement In Principle
3
Sign & Accept Offer
4
Book & Allocate Funds
5
Inspection
6
Legal Processing
7
Completion
Closed Bridging Finance Uses
When to Use
1
Short Lease Properties
Use this facility to pay the premium to extend your lease so you can sell at full market value.
2
Prevent Receiver Action
Prevent your property being disposed of by a Receiver by allowing you to fund a lump sum payment to pay and give you time to sell when a sale is the only option.
3
Stop Repossession
Prevent your property being repossessed by using this facility to pay the arrears and give you time to sell when a sale is the only option.
4
Deal Structuring
Use this facility to fund a deposit which may be necessary for deal structuring including transferring the property to a Limited Company, and to help prevent down valuations when re-financing.