Residential Bridging Finance
Apply online for a bridging loan
Welcome
to First Property Finance - If you understand how Bridging Finance works and require urgent attention, please give us a ring on 0845
260 3366.
Otherwise which scenario describes your situation best?:
- You want
to purchase a new house while getting your current one ready to
sell - you've found your dream property and don't want to lose
it to another buyer.
- You're interested
in purchasing a holiday home (in the UK or overseas) and need
to raise finance quickly to put down as a deposit.
- You've been
let down by your chosen finance and to secure the property you
want; you need an interim solution until you get another mortgage.
- Your chain
has fallen through at the very last minute and you run the risk
of losing your prospective property if you don't complete on the
purchase.
- The property
you want is uninhabitable and a high-street lender will not lend
on it until it's brought up to liveable standards.
- You own property
and need to raise some capital quickly. This is the same as releasing
equity through re-mortgaging but faster.
- Your lender
will not be able to complete in the time frame needed. This situation
is quite typical for property investors that buy at auction or
ensure quick sales to property owners. (If you're a property investor,
click here)
- Threat of
repossession - you have gone into arrears on your mortgage and
you need to quickly re-mortgage to pull some equity out of your
house, but the appropriate lenders won't be able to set up the
loan quick enough.
- You have
been evicted but there is substantial equity in the property.
If your situation
is highlighted above, bridging might be an option for you. By taking
out a bridging loan and securing it against your property (or properties),
First Property Finance plc is able to lend up to 80% of the value
of the property if you do not have an existing mortgage or other
loans against your current house. If you do have a mortgage, we
can lend you 70% of the value of the property less the outstanding
amount owed on your mortgage.
(If that seems a bit confusing, which it is….give us a ring
on 0845 260 3366 and we'll be able to talk you through your
particular situation).
When working with First Property Finance, you'll experience utmost
professionalism, flexibility and quality service. We're here to
help you achieve your lending objectives and are eager to assist
you every step of the way.
If bridging finance is the right solution for you, we're able to
lend £26,000 to £1 million pounds within 72 hours
to 14 days of your initial request. First Property lends to residents
in England, Scotland and Wales.
And we are FSA regulated, which shows our commitment to professionalism
as many of our competitors are NOT regulated. Furthermore, we have
our self declaration of income facility and look at each case on
its individual merit.
Apply
online for a free quotation now to get a decision within
hours.
In summary,
if you qualify First Property can offer you:
- £26,000
to £1million in days
- Quick
Decisions (usually in hours)
- Flexible
Terms
- Personalised
Service
- Self Declaration
of Income Facility
Apply
Online for a free quotation, or to get more information
before proceeding, check out our case
studies to review specific cases where we've helped property
owners in need of quick finance - click
here. And…to read about what our past clients have
said about our service click here.
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