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 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
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Case Study: Bridging Loan After Chain Break in Hampstead
Introduction We helped a couple secure a bridging loan after their property chain collapsed shortly before they were due to complete the purchase of a new home in Hampstead, London. Our customers were relying on the sale of their existing home in Richmond to fund the purchase. However, when their buyer withdrew, they faced losing… Read more