If you are looking to buy at auction normally this process requires fast funding, in some cases you may even be required to provide ‘proof of funds’ to obtain a property purchase at auction we can potentially raise you up to 75% LTV for your auction purchase.
If you are looking into a project where a property will require structural work, renovation or a light refurb we can assist. More often than not property in a run down condition is not favoured for longer term financing and will require short term funding to be secured until the required work is completed.
Bridging Loans offer the flexibility of a short term solution to complete your purchase prior to completion of any remedial work allowing the property to be fit for a longer term product. Bridging loans also offer retained interest meaning you will not have to pay a monthly fee while carrying out your project.