Standard bridging is ideal for customers looking to secure the purchase or refinance of a residential or investment property
including:
Chain break – whilst waiting for an additional property sale
Raising funds for short term requirements
Auction purchase
Capital raising for any legal purpose
Meeting tight transaction deadlines
Light refurbishment:
Light refurbishment is used where short term finance is needed for items such as:
- Modernising properties
- Replacing kitchens and bathrooms
- Properties deemed uninhabitable/unletable by long term lenders
Heavy refurbishment:
Heavy refurbishment is where you may require short term finance for works that require building regulations or planning permission.This could help with:
- Conversion and reconfiguration of residential property
- Commercial to residential
- Completing a development that is wind and water tight
- Extension, loft conversion and basement digs