Like all property investors, purchasing a house below market value can be seen as a dream. But there is more detail to the […]
Category: Bridging Finance
Some residential property do not qualify for a buy-to-let mortgage unless it is refurbished. A new type of loan is being trialed to […]
Most residential mortgages require borrowers to submit at least three months’ worth of bank statements. Some lenders including Santander, Halifax and Virgin Money […]
Property auctions is that the winning bidder has to complete the purchase within 28 days. If the buyer cannot raise the money by […]
Bridging loans are a flexible and quick way to raise short-term funds. They can be used for a number or purposes including breaking […]
If you own property that has a short time left on the lease, a bridging loan can be used to finance the lease […]
Some properties are bought at auction for very low prices, often less than £50,000. The usual reason why property is sold cheap is […]
Up until recently the answer, to the question ‘Can you finance an existing bridging loan’ was ‘no’. However, some lenders are now prepared […]
The latest figures released by the Association of Short Term Lenders (ASTL), showed that the annual value of completed bridging loans is £3.8bn– […]
When you apply for a bridging loan, the lender will want to see a detailed exit strategy. This is a plan for when […]
