How to recognise opportunities for Bridging Loans
Intermediaries often tell us they struggle with identifying opportunities for specialist finance needs. But, actually the ‘special’ in specialist may be a little misleading.
Why? Well, specialist finance is actually for everyday clients because it tends to be a lot more flexible than the restrictive products available from the High Street.
When it comes to bridging loans, they literally ‘bridge the gap’ in situations where other finance just isn’t flexible enough. The short-term nature of bridging makes it an ideal option for a range of situations in need of quick capital. It’s commonly used to help clients:
- Complete quickly
- Recover a broken property chain
- Pay for lease extensions
- Buy properties:
- At auction
- That are unmortgageable, needing complete renovation or development
- For development but don’t have planning permission
With extensive experience to hand and access to a range of lenders, we can help your clients with:
- Rates from 0.54% per month
- Up to 75% LTV
- Loan terms from 1 month up to 18 months
Want to get up to speed today? Watch our video on ‘What a Bridging Loan is’ and recognise opportunities for when bridging loans may be helpful for your clients.
So, for a quick chat, a meeting to discuss opportunities, or a more complicated deal on your desk – drop us a line or give us a call today on 020 8731 5333.
