Bridging can be arranged by impact specialist finance on a regulated or non-regulated basis. The risk can be spread over more than one property to ensure the cheapest rate is applicable and can help to reduce the deposit required.
Advantages of Bridging with impact specialist finance:
- · With a dedicated bridging team with decades of experience, we are ready to help.
- · We have strong close relationships with many of the leading bridging lenders in the market.
- · Bridging lenders are generally geared up to complete applications faster than mainstream lenders in 3-4 weeks.
- · Proposed monthly payments can be added to the loan so they don’t need to be made monthly.
- · Lenders may be more flexible about the property condition which is good for refurbishments.
- · If buying at auction the loan can be agreed upon before you buy.
- · Credit issues are considered on an individual basis.
- · Procuration fee is payable up to 1.25%.
Call the impact team now on 01403 272625 to find out more.
Alternatively, email bridging@impactsf.co.uk with your enquiry.
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