For those who may not appreciate it, a UK bridging loan in a nutshell is a short-term funding option for a property developer or a business. Many use them to refurbish property or indeed buy a house at auction and
A quick guide to finding the best bridging loan rates The first thing to appreciate about a quick guide to finding the best bridging loan rates is that there’s no standard rate for the sector since different lenders offer different
Why a bridging loan calculator is important While bridging loans have grown in popularity they are not for everyone which is why a bridging loan calculator is important. Indeed, the number of short-term finance products that are available on the
There is a range of benefits for bridging loan funding which is a type of short term finance that has grown quickly in popularity because they are flexible and quick to arrange. In addition, they aren’t just used for buying
While they are mainly used for buying property, UK bridging loans are growing in popularity as a sound short-term finance solution. Essentially, a bridging loan is designed to cover a short-term shortage of credit which leads to the term ‘bridging’.
When it comes to finding the best bridging loan, research is key since there is a wide variety of lenders who have a range of criteria they will agree lending for. Essentially, a bridging loan fulfils a short-term financing need.
Put simply, a peer to peer loan UK enables a borrower to access a large sum of money, while for those lending the cash they will earn a generous rate of interest. However, these returns also come with some element
For anyone interested in short-term finance may want the bridging loan interest rates UK explained and this article will help. However, it’s important to appreciate that the bridging loan is a short-term secured finance and is usually for a property
A short term bridging loan can be used by a wide variety of borrowers and the market for them has grown hugely in recent years. They are particularly popular with borrowers wanting to buy a property quickly so they can