Time to act quickly

Bridging loans are growing in stature day by day and have a vast array of uses.

Recent house price figures are showing a continued increase in property values which is great news for homeowners. There is a lot of talk within the industry that mortgage interest rates are about to increase and experts are showing concerns homeowners are not ready for this jump.

So is it time to get on the property ladder now as property continues to increase in value. You may be a landlord looking to extend your property portfolio. The good news is there are still plenty of advantageous fixed rate mortgages available but this could change very quickly. If you fall into these categories you may wish to consider using a bridging loan to enable you to act quickly.

A bridging loan could help you negotiate a better deal as you will be in the “driving seat” knowing you have the cash funds available to you in days rather than weeks. It is not always best advice to use bridging and you should always discuss your needs with a qualified adviser.

Bridging loan trends

The trend this financial year has seen this form of funding completing faster than ever before as competition heats up in the market place. This is of course great news for the borrower and the seller alike.

Years ago bridging finance was seen as a very expensive form of funding but now we are happy to report things are changing and the costs are reducing to meet demands.

Like too know more?

Our advisers are fully trained and skilled in all areas of bridging finance so please do call us to discuss any requirements you may have.