Property / Bridging Finance
Second mortgages provide a way for property owners to finance just about anything from shortfall purchase on property finance, a short term facility for a loan to buy something like a truck or van, or to restructure your current debts.
Self-employed homeowners may use the equity in their home to release funds for business or investment purposes.
Bridging finance can be a solution to a problem which business property buyers may encounter, when finding a new property you want to purchase prior to selling your existing premises. Without the proceeds from the sale of your existing property, there is a financial gap to cover. We can offer a bridging finance loan, enabling customers to finance the purchase of their new premises prior to the sale of their existing property. It is a loan secured by both the existing premises and the new property.