Tag: Chain Break
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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: Bridging Loan After Chain Break in Hampstead
The Scenario A couple were in the process of buying their dream home in Hampstead, but just before completing, their buyer pulled out of the sale of their current property in Richmond. Without the sale proceeds, they risked losing the Hampstead home, which they had already secured at £7.8 million. They needed a short-term finance… Read more
