In later life, when the kids have officially flown the nest (in some cases more than once) and the family home has become too big, some of your clients may consider downsizing, using the equity they have built up to repay borrowing or to top up their pensions and fund retirement.

This is typically planned, with the hunt for the “forever” property beginning well before the family home has been sold, or is even on the market. In many cases, they will find their dream home quickly – and then run the risk of losing it whilst they wait for first an offer and then the sale of their old home.

This is where Loan.co.uk can help – we have access to a range of specialist lending products that you can offer your clients to help ease the stress of the transaction and secure “the” ideal property.

This scenario is ideally suited to bridging finance – quick to arrange & fund, highly flexible and competitively priced.

Bridging finance can help your clients move quickly and independently by providing them short term finance to cover the cost of purchase on the new property, before, or while, the old one is sold.

The client need not make payments during the life off the loan, with repayment, including interest, made in full on sale – this means that income and affordability need not be an issue.

And with no ERCs and rates from 0.59% a month, your client will only ever pay for the time that they need the loan.

For more information on how bridging finance can help your clients, get in touch at introducers@loan.co.uk and we can introduce you to your local Loan.co.uk regional sales director.