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Bridging Finance

Short-term finance secured on land or property.

It is designed to be short-term finance based primarily on the value of the property or land that can released extremely quickly.

When might somebody need bridging finance?

Examples of the multitude of uses for bridging finance could include:

  • Property development
  • Business opportunities
  • Chain-breaking
  • Auction purchases
  • Avoidance of a financial crisis such as repossession or bankruptcy
  • Emergency cash release e.g. for tax bills.

How much can normally be raised with bridging finance?

First charge residential bridging: Up to 70% of open market value (up to 100% of purchase price)

Second charge residential bridging: Up to 60% LTV.

Commercial property: Up to 70% of open market value (up to 100% of purchase price)

Land with planning: Negotiable

                                                                     Asset Finance 

The raising of finance on existing or new machinery or vehicles. 

How can asset finance help?

Asset finance can be used in a number of situations including;

  • Spreading payments over the life of the machine, vehicle or equipment.
  • Freeing up capital for other purposes
  • Increasing cash flow
  • Funding part of a share purchase exercise as part of a wider strategy.
 


Call our free phone number to discuss your mortgage with a qualified mortgage advisor....

0800 910 1197

Local number - 01425 480517


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
WE DO NOT NORMALLY CHARGE A FEE FOR MORTGAGE ADVICE.
 HOWEVER WE RESERVE THE RIGHT TO CHARGE UP TO £250, DEPENDING ON YOUR CIRCUMSTANCES.
 IF WE DO CHARGE A FEE ANY COST WILL BE AGREED AND EXPLAINED TO YOU CLEARLY BEFORE YOU COMMIT TO ANY COURSE OF ACTION.

The Mortgage Advisors is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Services Authority.

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