BRIDGING FINANCE –Nicholas John finance
✔️Market leading bridging loans from £25,000 to £25m ✔️Finance for downsizing or upsizing residential property (On a regulated basis ✔️Upto 75% LTV from 1 % pm ✔️Lower rates for £1 million+ loans ✔️Terms from 1 month to 12 months ✔️Serviced or Interest roll up options ✔️We provide a friendly, fast professional service to help you get the money you need at the best available rates 🔶The bridging loan rate is the monthly or daily interest charged while the loan is outstanding. The rate can be determined by many factors such as whether the bridging loan is closed (guaranteed exit route for repayment of the loan) or open (less firm exit). Other aspects could be the size of the loan compared with the value of the property (this is known as Loan to Value or LTV), the type of security (residential property is currently a safer bet than commercial) and whether the applicant has good credit or Bad Credit A common use for bridging finance is when an ideal property is put on the market for ...
