Funds can be arranged quickly and easily until a more permanent form of finance can be found.
Bridging loans are ideal when funds are not yet available from a sale waiting to go through, or there are monetary issues or time constraints (or both).
When you take out a bridging loan a legal agreement secures that the lender gets repaid as a priority should you default on repayments.
Bridging loan providers could lend anything between £25,000 and £25m+ but you’ll typically only be able to borrow a maximum loan to value ratio of 75% of the value of your property.
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The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
Tulip Mortgage Services is a trading name of Louisa Way who is an Appointed Representative of PRIMIS Mortgage Network, a trading name of TenetLime Ltd. TenetLime Ltd is authorised and regulated by the Financial Conduct Authority.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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