Bridging Loans

Bridging Loans

A Bridging Loan is a loan to an individual or a company that can be taken out on a short-term basis, secured against a residential ⁄ commercial property or land, until such time as the property is sold or refinanced with a long-term lender. (We do not lend on security of the applicant’s home unless this is clearly for business purposes).
  • A Bridging Loan is secured against property by way of a first legal charge. This could be a new purchase or a refinance.
  • The term of a loan can be from 1 day up to 1 year.
  • A bridging loan can be from £150,000.
  • Terms and conditions are negotiable.
  • Loans can be either open or closed. A Closed Bridge is when there is a guaranteed exit already established.
  • With decisions in principal given within 24 hours and funding available as quickly as within 7 days.
  • The money raised through a Bridging Loan can be used for any legal purpose
Contact

Decision in Principle

For a Decision in Principle within 24 working hours;
  • Call us on 0208 515 2681 to discuss requirements.
  • Email us a summary of your requirements and brief details of the security, purpose of loan, how it will be repaid and details of your personal Assets and Liabilities and annual net income to Jay@lbfuk.com; cc tamara@lbfuk.com.
  • If you would like any help or guidance please do not hesitate to contact Jay Kotecha on: 0208 515 2681

Interested in bridging finance?

Contact
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