What is Property Bridging Finance
Property bridging is a way of selling your property and then using the money to purchase another property. This allows you to take advantage of the capital gains tax (CGT) exemption that applies when selling your first home.
How does bridging finance work?
When it comes to bridging finance, what you're doing is taking a short-term loan from a bank and then paying the loan back with money from your business. This allows you to take advantage of lower interest rates on your business's loans.
How much does bridging finance cost?
Bridging finance is a type of mortgage that allows you to move from your current home into a new residence. It can be used for a variety of reasons, including moving closer to work or school and purchasing a new home at the beginning of construction.
How To Apply for Bridging Finance
To apply for bridging finance, you can go to the online enquiry form, please make sure that you all necessary documents with your application, and they may ask you some questions over the phone before approving your application.
How long does bridging finance take?
The amount of time it takes to complete a bridging loan varies from person to person. It can take as little as three days, or as long as six months.
Get in touch with our highly experienced bridging finance team today to discuss your bridging finance requirements, covering all of the UK.
Bridging Rates - Bridging Finance rates available from 0.4% per month.
