If you need to buy something but do not have the cash to hand, it might be worth considering applying for a loan.
So what are bridging loans?
A typical use of a bridging loan would be for those times that you’ve still not found an owner for your old property but chosen a new one to move into. The loan is designed to help with a cash inflow until you’ve sold you’re old property.
Some additional examples of where bridging finance may be used for short term solutions;
- Property sale has fallen through or is delayed and client is purchasing another property
- Purchasing properties at auction
- Temporary cash flow problems
- Property Development
- Renovation of property
- Land acquisition
- Urgent payment of a tax bill
- Avoiding bankruptcy
- Prevention of repossession
- Divorce settlement
We are very transparent with all our services and you can be sure that what you see is what you get. This means that we don’t have any hidden costs that you might come to know of later on after you have signed the contract.
Advice cannot be given and all cases will be referred to a master brokers within the Rosemount Financial Solutions (IFA) Ltd.
Bridging Loans and Buy to Let Mortgages are not regulated by the Financial Conduct Authority.
For more details please call:
T S Gill
Sunrise Capital Consultants
0208 518 1124