Looking to purchase a property while you’re waiting for a house to be sold? Maybe you are buying a property at auction and need to complete the process quickly. Bridging finance doesn’t have to be scary. We can help you plan your exit strategy holistically and ensure that you have the right finance product for your unique situation.
Bridging finance is a short-term loan (usually between one or twelve months) that can help move a project from A to B or can be used to complete a house purchase. The loan is repaid once funds from the sales of an existing house are made available.
Bridging loans have a considerably shorter timeframes and can be arranged faster than standard mortgages.
The lender takes a range of factors into account before deciding whether you are eligible. While lenders vary in terms of criteria, it is likely that you;
We’ll take the time to understand your circumstances and assess whether bridging finance is the best course of action for you. Get the right loan for your needs with B-Advised by contacting us today.
b-advised Ltd is authorised and regulated by the Financial Conduct Authority FCA number 846361.
Registered in England and Wales/Company No.06752417
Head Office Metropolitan House, Longrigg Road, Swalwell, Tyne & Wear, NE16 3AS
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Some of the products/services are not or may not be regulated by the Financial Conduct Authority.
THERE MAY BE A FEE FOR MORTGAGE ADVICE. THE AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES.
OUR TYPICAL FEE WOULD BE £495 FOR MORTGAGES AND £995 FOR EQUITY RELEASE.
AN EQUITY RELEASE PRODUCT WILL REDUCE THE VALUE OF YOUR ESTATE, WILL NOT BE SUITABLE FOR EVERYONE AND MAY AFFECT YOUR ENTITLEMENT TO STATE BENEFITS. TO UNDERSTAND THE FEATURES AND RISKS PLEASE ASK FOR A PERSONALISED ILLUSTRATION.
THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE FUNERAL PLANS.