While moving into a new home, it's always hard to find the correct finances, particularly if you are selling off your old residence to arrange for the same. There are many obstacles in terms of legal
complications, delayed payments, deadlines to meet and what not. One wrong decision, and you can miss out on an offer of a lifetime.
There is no stepping back once you have taken the plunge. Hence, each and every move of yours has to be carefully planned in critical situations like these. This is where bridging loans come in.
A bridging loan is normally taken when you have a short term requirement for a large sum of money. This generally happens when you have to buy a house or property. They are mostly for a span of 12 months but are generally taken for a shorter time period. The most frequent use of the same is when you have to purchase a new house but have not yet completed the formalities of selling off your old one.
- Residential or commercial property
- Funds are delivered to you in a matter of days
- Get upto 100% LTV
- Borrow upto £10 million
- Tie-ups with the most established names
Working with the most established names in the loans market, Shakespearefinance solves this problem by bringing to you the bridging loan options for your convenience. With our expert services, you can easily fill the gap that exists between selling your old house and purchasing a new one.