Frequently Asked Questions

(q) How Much Can I Borrow?

(a) Our short term Bridging Loans are from £3,000 to £5,000.

(q) Can I have more than £5,000?

(a) Yes you can, however you must apply for the £3,000 to £5,000 first this is to set the account up after that top ups depend on available equity

(q) How soon will I know if my application has been successful?

This is subject to final approval after documentation has been received however we will give you a provisional answer immediately.

(q) How Quickly Do I get Paid?

(a) Within 10 days from your application. The cash is paid by cheque or we can transfer the funds directly into your bank or any savings account held in your name. If you want the funds transferred all you need do is supply us with the account details.

(q) What if my Mortgage is in Arrears and I've been taken to Court?

(a) No matter let us know and we will pay off the arrears for you. Arrears or court action will not prevent you from obtaining a loan its just that we like to know. In most cases we can prevent any court action.

(q) What if I have CCJs and an Adverse Credit history?

(a) No matter how adverse your Credit history or how many CCJ’s are registered this will not prevent you from obtaining a bridging loan.

(q) How do we pay you back?

(a) You don't, we get paid from the proceeds of the sale. When your solicitors are able to complete your sale they will write to us for a redemption figure then, on the day of completion, they send us a cheque in full and final settlement. That is the end of the matter.

(q) What are your charges?

(a) See the section called our charges.