BRIDGING FINANCE

A bridging loan is effectively a short term loan secured on property by way of either a first or
second mortgage. Short term bridging loans can provide invaluable help in cases of temporary
cash shortfall. We can refer you to a preferred specialist supplier who could help.
Bridging loans can be used for a number of reasons:

Purchase of a new property before an existing property has been sold.

Purchase a property for improvement or extension and then resale

Auction purchase

Complete purchase of an overseas property

Capital raising

Usually a bridging loan is for a period of between 3 and 6 months, however a longer term may be
justified under certain circumstances. Monthly interest payments are not usually required to
be paid during the period of the loan and interest payments can be deferred
or rolled up until completion.

Bridging Finance is not regulated by the Financial Services Authority.