Bridging Finance

These bridging schemes are particularly useful if you require funds for an unusual or quick purchase, and are a great benefit if you are undergoing present mortgage difficulties. You can repay all existing borrowings and for up to a 12 month period have a breathing space to re-organise your finances with no repayments to make to the bridge lender. At the end of the period you can remortgage at standard rates and make a fresh start.

Facilities

Term	-	1 - 12 months
Minimum Advance	-	�15,000
Maximum Advance	-	�2,000,000
Loan to value	-	60%
Charge rate	-	3% above base plus 1.5% per month facility fee
Property	-	Residential, Commercial or Semi-Commercial
Brokerage fee	-	Added to loan
Repayment	-	Repayments are deducted from the advance
CCJ's, Arrears	-	These are always considered
Purpose	-	Unrestricted