Frequently Asked Questions

Answer:

Short term cash problems can be solved with bridging loan finance, using a broker can save you time and money!

There are many specialist bridging lenders in the market place, very few use the same loan criteria or even charge the same price. As experienced bridging finance brokers, we are always up to date with current availability and criteria.

Whatever the purpose the bridging loan will be used for, selecting the right lender is essential where a time critical completion is needed. The highest cost short term loans are usually offered by lenders against the full open market value of a property, whereas the lowest cost deals are normally available against the restricted 90 day value.

Finding the cheapest loan is paramount for most customers and why not! However that cheap deal could end up costing hard cash. For example a high loan to value or marginal deal placed with a restricted value bridging lender could result in a valuation being paid for and the surveyors value being too low to achieve the loan required. If the customer has no flexibility then another bridging lender will be needed and probably another valuation to pay (in many circumstances).

Bridging loan brokers like ourselves are able to offer the would be borrower options and where necessary the best chance of success first time!