Welcome Property
Investors!
Bridging Finance
If you already know and understand how Bridging Finance can help you to close a deal, give us a call now on 0845 260
3366 ….or simply apply online (otherwise, keep reading for more information…)
Bridging has been used by serious property investors for years as
it offers an alternative solution to the never ending issue of sourcing
the necessary finance to close a deal. More importantly, unlike
the lengthy mortgage process, bridging allows investors to raise
the needed finance in as little as 72 hours.
"Specifically,
bridging can help you to secure £26,000 to £1 million
within 72 hours to 14 days."
To optimise
your capital resources and to avoid losing out on a deal because
you can't raise the necessary money fast enough, bridging finance
can assist investors in several ways, including:
- Buying
at Auction -
often auction deals require buyers to purchase within 21 days
of the sale and getting a standard mortgage is nearly impossible
to achieve in that time frame. Instead of paying cash or locating
private investment funds, bridging can provide the necessary funds
within the time allocated
- Refurbishment - many mortgage lenders will not offer mortgages if the property
is considered uninhabitable…however, you can get a bridging
loan and then apply for a mortgage after the work is completed
- Refinancing
-
perhaps you've just finished a new build or a block of flats and
need money to start your next project? Bridging can allow you
to quickly pull capital out of your existing developments so that
you can quickly start on your next deal. (This option is also
helpful for investors looking to raise capital for overseas property
deals)
- Quick
Sales - some property investors seek out 'below market deals'
by locating vendors that need to sell in weeks (not months) -
either they're emigrating, have financial problems or must sell
their property quickly. Using bridging will allow you to offer
vendors a quick and guaranteed sale in return for a reduction
in the selling price.
As you can see,
bridging finance can seriously help property investors that need
to raise funds quickly.
At First
Property Finance, we work hand-in-hand with our investors to determine
the best plan of action for their particular situation. Not only
do we offer finance, but we're also property investors ourselves,
so we know the difficulties, issues and circumstances that investors
face.
We're
professional, flexible and offer a very personalised service to
all our clients. First Property Finance is traditional in the sense
that we believe in building relationships rather than pushing through
deal after deal. Because of our tradition, we're able to work with
investors individually to offer flexible terms along with large
facilities for multiple projects.
And a
key attribute to our service is that we are the principal lenders
and we're funded by significant banking facilities and private investors.
Furthermore, you won't have to deal with any credit committees when
using First Property Finance…
So, in summary,
if you qualify First Property can offer you:
- £26,000
to £1million in days
- Quick Decisions
(usually in hours)
- Help with
Structuring your Property Deals
- Flexible
Terms
- Large Facilities
for Multiple Projects
- Personalised
Service rather than a Call Centre
- No Credit
Committee
- Long-term
Relationship
In order to
discuss your specific requirements, please apply online for a free
quotation or call us on 0845 260 3366 …
Otherwise, if
you're looking for more information, preview our 'Case
Studies' for examples of how we've helped other property
investors. And review our 'Testimonials'
to hear what other clients have to say about our services.
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