Tag: Bridging Loan
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Bridging Loans for Listed Buildings
Can you get a bridging loan on a listed building? Yes, bridging finance can be used to buy, renovate, or refinance a listed building, particularly where a standard mortgage is not suitable at the outset. Listed buildings can be more complex because of consent requirements, specialist repairs, valuation concerns, and lender caution. A bridging loan… Read more
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Re-bridging To A New Bridging Loan
Should You Rebridge To A New Bridging Loan Or Refinance Another Way When you first took out your bridging loan, you probably had a clear plan. You expected to sell, refinance, or complete works within a set timeframe. Then life happened. A sale fell through, builders ran late, planning dragged on, or the mortgage you… Read more
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Chain Break Bridging Loan
How a chain break bridging loan can save your property purchase When you find the right home, you do not want a broken property chain to ruin everything. Yet buyers pull out, mortgage offers get delayed and sometimes people simply change their minds. This can cause the process to be very stressful. A chain break… Read more
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Case Study: BTL Remortgage from Bridging
Introduction We recently helped our customer refinance a buy-to-let property in Dorset, moving from short-term bridging finance onto a long-term mortgage. The customer’s circumstances meant that that the investment consisted of two separate residential properties held under a single freehold title. The properties were also owned through a limited company, which meant we needed a… Read more
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Bridging Loans for First Time Buyers
Bridging Loans for First Time Buyers When and Why They Are Used When you are buying your first property, most people assume a mortgage is the only option. In many cases, which is true. However, there are situations where a standard mortgage does not work, at least not straight away. This is usually when bridging… Read more
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100% Bridging Finance | No-Deposit Bridging Loans
It is possible to arrange bridging finance for 100% of a property’s purchase price without providing a cash deposit. However, this is not standard bridging lending, and lenders will usually require additional property security or evidence that the property is being purchased below its market value. A 100% bridging loan can be useful when buying… Read more
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Bridging Loan for HMO Conversion
How a Bridging Loan Works To Convert a Property to an HMO If you are planning to convert a property into a House in Multiple Occupation, finance is usually one of the first issues you face. Many landlords quickly discover that standard buy to let mortgages are not suitable when a property needs significant work… Read more
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Second charge bridging loans
Second Charge Bridging Loans How They Work, Costs, and Key Risks A second charge bridging loan is a type of short-term finance secured on a property that already has a mortgage or other secured borrowing. The bridging lender takes a second charge behind the existing lender. What a second charge bridging loan is A bridging… Read more
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Bad Credit Bridging Loans
Can You Get a Bridging Loan With Bad Credit? Bad credit can feel like a major barrier when you need property finance quickly. Many people assume that missed payments or historic credit issues mean borrowing is no longer possible. In reality, bridging finance works very differently from standard mortgages and can offer options when other… Read more
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Auction Finance: How to Fund a Property Purchase Fast
Auction Finance for Property Buyers: Bridging Loans, Costs, and Timescales Buying a property at auction can be exciting, but it also brings pressure. The deadlines are tight, the rules are strict, and once you win, you are committed. That is why the finance matters. If you do not have the full purchase price in cash,… Read more
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How Probate Finance Helps Cover Estate Costs
Probate Finance for Executors and Beneficiaries If you’ve recently lost a loved one and find yourself responsible for managing their estate, you might already be discovering how complicated and time-consuming the probate process can be. While probate is a legal necessity, it often creates financial challenges, especially when expenses need paying before any money from… Read more
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Case Study: Bridging Loan for Later-Life Home Move in Guildford
Introduction We recently helped a retired customer arrange a bridging finance solution for a property purchase in Guildford, Surrey. Our customer wanted to move closer to family but needed to purchase their new home before selling their existing property. The problem we needed to address was arranging short-term borrowing quickly, without requiring monthly mortgage payments… Read more
