Frequently asked questions
What can I use my loan for?
It can be used for any purpose
How much can I borrow?
We can arrange bridging loans from £15,000 - £5 million
What is the monthly rate?
Interest rates start from 1% per month
Is there a charge for making an application?
No
What costs are involved in the transaction?
A completion fee may be payable upon draw down of the funds and a valuation fee may be required.Â
What type of security will you lend against?
We will lend on all types of residential, commercial and semi-commercial properties.
How long will it be before I receive my funds?
We work within your timescale. We have completed loans within as little as 24 hours.
Can I settle my loan early?
You may pay off your loan at any time.
Can I make capital reductions?
Yes, at any time. This will reduce the balance outstanding as well as your monthly repayments.
Can I protect my repayments?
We can arrange life cover on all loans, if required.
Can I convert my bridging loan into a longer term loan?
Yes. We are closely associated with companies that specialise in long term loans and mortgages.
Can I apply if I am self employed and do not have a set of accounts?
Yes
Can you help people with County Court Judgements (CCJs), arrears and/or adverse credit?
Yes
Am I able to borrow finance on a property on which I already have a mortgage/other charges?
Yes. We offer 2nd Charges, subject to available equity.
Do I need a solicitor?
No. However, we recommend customers seek independent legal advice prior to completion.
Do you lend to Limited Companies?
Yes
Can I use security which I do not own for my loan?Â
Yes. However, the property owner must be party to the loan.
Get free initial advice and a no obligation loan quotation
Simply complete our no obligation enquiry form to see whether we can help you. You'll get free initial advice from a broker who has access to the whole of the market in the UK.
You'll receive advice on the most suitable deals for you. Quotations are FREE, so it costs you nothing to see what your options are.
