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Property Finance

Having the right Property Finance is important.

Having it at the right time and at the right cost is VITAL!!!!

At Easy Bridging Loans – WE OPEN DOORS. Bridging Finance is our Business.

About Short Term Bridging Finance

Short term funding, or as it is more commonly known, Bridging Finance, is probably the most under used form of financing. A bridging loan may be the solution in providing fast access to funding with the minimum of formalities.

Bridging Finance may be used in a number of different circumstances, e.g. refurbishment - buying dilapidated properties and then renovating and selling them in a short space of time. Also, one of the most common usages is when people buy a new property before their present one is sold - "a bridge".

With bridging finance, the loan will always be secured against residential or commercial property. A first or second charge will be taken against new or existing property, or a combination of both.

Another great use for bridging finance is for people who purchase property at auction, where funds are required quickly. Bridging is much quicker to arrange than a normal residential mortgage; on average 7-10 working days from first enquiry to completion.

In today’s property market, speed is vital. New-build opportunities or development deals need to be seized as quickly as possible. The last thing you need is a delay in your property development finance to hold up negotiations or the signing of a contract – which could lose you a vital deal.

We’re committed to providing funding as quickly and simply as is possible – we understand the time pressures that Borrowers work under. A friendly and knowledgeable professional will assess your property development finance proposal without bureaucracy or lengthy credit committees. As we are a principal lender, we act faster than a clearing bank or any Broker

We provide short term loan and property development finance for anything from a simple refurbishment to new a build. We’re also experienced in self-build finance, and would be delighted to discuss your requirements for a self-build loan. Whatever your needs, our flexible and entrepreneurial approach means we can help you as rapidly and effectively as possible.

Typically we provide property development finance from £30,000 to £1,000,000, but we can consider business property loans outside this range. The short term property loan is usually between one month and twelve months.

If your circumstances change and you’re able to repay your property development finance quicker than you expected, we won’t charge you extra –
Apart from our speed and efficiency, you’ll have the confidence of knowing you’re dealing with an expert. We’ve got the experience and knowledge to put together the right deal for your individual requirements – we’ve been providing short term property development loans for over 25 years!

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The overall cost for comparison is 18.5% APR Typical

 

* We cannot provide loans secured on a first charge basis where the customer , their family or any persons connected to them are intending to use the property as a dwelling.

 

YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

 

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