Residential bridging loans
You may be in need of unlocking the capital in your flats or apartments and have initially looked at a quick sale through sell my flat. There is another alternative that we offer. If you do not wish to sell but need cash fast, then a bridging loan may be the solution.
Bridging loans are short term. They are designed specifically for property owners. Your secured finance is worked out against the equity in your flat. This is done by taking current market value of your flat, minus any outstanding mortgage repayments. You can typically borrow up to 95% of this value.
You only pay the interest on bridging loans on a monthly basis. When you want to clear the bridging loan you simply pay that month's interest and the exact amount you borrowed. Ideal for short term lending
'Sell my flat' are principal lenders, there are no set up costs and your bridging loan is in your account almost straight away.
Apply now for a bridging loan
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