Explanation
Are you selling your house ???? Short
Term Bridging Loans from £3,000 to £5,000 successful applicants
will receive a cheque for the amount required within 8 days or the cash
can be paid directly paid into your bank account this will take 10 days
from the date of your application.
A bridging loan is effectively a short-term
mortgage that is secured against your property. Due to the short-term
nature of these loans, the interest rates charged on them tend to be much
higher than you would see for a standard mortgage, however, you should
remember that when looking at this, that you will only have the loan in
place for a small period of time, and so the interest will only accrue
over that time. And there is no restriction on what you require the money
for. Spend as you wish.
Requirements
Your property must be on sale with an
Estate Agent and it doesn't matter if you have a prospective purchaser
or the property may have been sold subject to contract there is no problem
we can still advance you the cash or you may have sold your property privately,
this is perfectly acceptable all we need is proof of sale.
All short term Bridging Loans are secured
on property
Your Home may be repossessed if you do not keep up repayments on a mortgage
or any other debt secured on it
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