Bridging Loan

Bridging loans are designed to help people purchase a property, prior to the sale of their existing property

Bridging loans can fall into two categories, the first is an open arrangement typically with an open repayment date and repaid when your funds become flexible and in most cases are taken out over a year or longer depending on circumstantial situations.

The second bridging loan facility is that of a fixed period, typically over a shorter period and in most situations the full repayment date will be known in advance.

In all loan situations you must have the ability repay the loan, please discuss with an adviser on how you intend to do this, at this time they will highlight the associated costs of fixed and flexible loans.

Bridging loans can fall into two categories, the first is an open arrangement typically with an open repayment date and repaid when your funds become flexible and in most cases are taken out over a year or longer depending on circumstantial situations.

The second bridging loan facility is that of a fixed period, typically over a shorter period and in most situations the full repayment date will be known in advance.

In all loan situations you must have the ability repay the loan, please discuss with an adviser on how you intend to do this, at this time they will highlight the associated costs of fixed and flexible loans.

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