When looking at bridging loans for purchasing a residential property, it is important that you have all the right information so you know you are getting the best finance option to suit you.
If you are looking for a bridging loan to purchase a property, we are on hand to help 'bridge' the gap between the property chain.
A bridging loan is a form of short term finance that allows you to purchase or develop a property before you have all the right funds in place.
If you require bridging finance loans in Aaron's Hill GU7 2 our specialists have years of experience and professional knowledge in order to provide you with exactly what you are looking for.
When purchasing a home, you may not be able to afford it if you haven't sold your current property.
This is why we offer a short term loan which will allow you to make a payment when needed. The reason buyers take out a bridge loan is to buy another home before selling an existing residence.
To find out more information regarding bridging finance, then don't hesitate to get in touch with us today. We are more than happy to provide you with a calculation to see how much you can borrow, so just enter the your details into the enquiry form and we will get back to you shortly.
Alternatively, find out more about bridging loan calculators here: https://www.bridging-uk-loans.co.uk/calculator/surrey/aaron-s-hill/.
We offer Residential Bridging on all types of residential property. The security can either be property you already own or intend to buy. We can finance the loan whether you live there or it is an investment property.
We have funding lines available for all types of lending. These loans let homeowners who are struggling to find a buyer move into a new property before selling their existing home.
This would mean that the person taking out the loan will own two properties for a short time, potentially leaving them with a large amount of secured debt that could make finances precarious.
A bridge loan is a great solution for people that need quick access to capital. It is a short-term interest-only loan to ‘bridge’ the gap – or in other words provide some breathing space – while other finance is secured.
Although commonly used to purchase residential or commercial property, bridging loans can in fact be used for almost any purpose, providing there's a valid repayment strategy.
Bridging loans can be used for a wide variety of situations including problems with finances and high street lenders. At such times, bridging-loans are available for residential property, commercial property, mixed-use property, land and more.
Our aim is to make sure you get the exact type of funding you require, which suits your project and situation.
The types of bridging finance products available in the market have increased in recent years along with an increase in the circumstances in which this type of short term finance can be used.
Traditionally, bridging loans were used to bridge the gap between a purchase of a property before the sale of an existing property (https://www.bridging-uk-loans.co.uk/property/surrey/aaron-s-hill/). This is still the case but they can also now be used for many other reasons including to raise capital before sale for reasons such as refurbishment.
This enables the borrower in Aaron's Hill GU7 2 to remain in control of the property and in most refurbishment situations, improve the property before sale and therefore market the property for a higher price due to the standard of works completed.
A bridging loan enables you to access capital quickly, this is why our nearby consultants do their upmost to have a principle offer with you on the very same day, thus putting you in full control of your short-term finances.
Bridging loans can be used for a wide variety of purposes such as auction purchases, an increase in working capital or simply a quick injection of cash.
Bridging-loans are ideal for anyone in Aaron's Hill GU7 2 finding themselves stuck in a property chain with a short gap between sale and completion dates, they are an ideal way of solving a time sensitive funding problem or to resolve a cash crisis fast.
Bridging loans enable you to be able to take advantage of an opportunity or even to help you on the road to repair credit issues.
There are a number of benefits of mortgages including:
For more information on bridging loan mortgages, please click here: https://www.bridging-uk-loans.co.uk/mortgage/surrey/aaron-s-hill/
If you would like to find out more information regarding bridge finance residential loans in Aaron's Hill GU7 2 then get in touch with us today.
Our specialist team have years of experience and specialist knowledge in order to provide you with a bridge loan that is right for you and your needs.
Just let us know what you are looking for and a member of our team will be in contact as quickly as they can with everything you need to know.