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Repayment

If you only remember one point from this page this should be it. Getting into bridging is a lot more straightforward than getting out. If you are looking to sell to repay the loan you need a plan B, which is usually a remortgage of the property.

When we receive an enquiry we spend our time initially on it’s repayment which gives the lender and more importantly you, the confidence that all your options have been considered.

The last thing anybody wants is sleepless nights worrying how a loan is going to get repaid.

Unfortunately we have seen numerous examples where the focus has purely been the bridging loan and the exit hasn’t been considered.

Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.