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Why a fast bridging loan?
In today's fast moving world fastbridging.co.uk recognise and understand that a lot of individuals and companies are in need of short-term bridging loans. The loans are often needed for a variety of reasons and fast. Easy Bridging Loans is a speedy, efficient, and professional lender. We can be relied upon to give a decision quickly and accept many types of securities.
How quickly do you require fast bridging or short-term property finance?
Are you in one of the situations below where time is of the essence?
- People seeking to raise capital on their own home who have an existing mortgage.
- People who have agreed a property purchase as a development / invest but have been let down by the high street banks.
- Company directors with a short-term cash flow problem looking to raise money on their premises.
- People who have purchased a residential or commercial property at auction and the building societies have said that they cannot lend until such time as the property is in a mortgageable condition.
We at Easy Bridging Loans lend on value no matter what condition the property may be in.
We offer New Flexibility - New Choice - New Thinking
Can You Help? Absolutely!!!
A Typical Applicant’s Dilemma:
Mr X owns his house, which is valued at £350,000. He has a current mortgage of £125,000. Mr X has agreed to purchase a second property for Buy to Let purposes. The purchase price was £180,000. The problem was that his building society declined his application for finance until certain works were carried out on the property to bring it up to mortgageable standard.
Mr X contacted Easy Bridging Loans and four days later he completed his purchase with our funds of £180,000. How did we do this? Easy! We were able to offer 100% of the purchase price by simply registering a first charge on the new property and a second charge on his existing property. Mr X used our funds for 3 months. He was able to carry out all repair works to his property. He later remortgaged with a high street building society. Mr X has since taken out two
further loans with Easy Bridging Loans. He is slowly but cautiously building up a sizeable property portfolio. You can also follow Mr X by contacting us. We are Innovators in Short-Term Property Finance!!!
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