Bridging Finance
Bridging has been used by serious property investors for years as it offers an alternative solution to the never ending issue of sourcing the necessary finance to close a deal. More importantly, unlike the lengthy mortgage process, bridging allows investors to raise the needed finance in as little as 72 hours.
"Specifically, bridging can help you to secure £26,000 to £1 million within 72 hours to 14 days"
To optimise your capital resources and to avoid losing out on a deal because you cant raise the necessary money fast enough, bridging finance can assist investors in several ways, including;
- Buying at Auction - often auction deals require buyers to purchase within 21 days of the sale and getting a standard mortgage is nearly impossible to achieve in that time frame.Instead of paying cash or locating private investment funds, bridging can provide the necessary funds within the time allocated.
- Refurbishment - many mortgage lenders will not offer mortgages if the property is considered uninhabitable...however, you can get a bridging loan and then apply for a mortgage after the work is completed.
- Refinancing - perhaps you've just finished a new build or a block of flats and need money to start your next project? Bridging can allow you to quickly pull capital out of your existing developments so that you can quickly start on your next deal. (This option is also helpful for investors looking to raise capital for overseas property deals)
- Quick Sales - some property investors seek out 'below market deals' by locating vendors that need to sell in weeks (not months) - either they're emigrating, have financial problems or must sell their property quickly. Using bridging will allow you to offer vendors a quick and guaranteed sale in return for a reduction in the selling price.
As you can see, bridging finance can seriously help you property investors that need to raise funds quickly.
At 4 Square Financial Services, we work hand-in-hand with our investors to determine the best plan of action for their particular situation. Not only do we offer finance, but we're property investors ourselves, so we know the difficulties, issues and circumstances that investors face.
We're professional, flexible, and offer a very personalised service to all our clients. 4 Square Financial Services are traditional in the sense that we believe in building relationships rather than pushing through deal after deal.
So, in summary, if you qualify 4 Square Financial Services can offer you:
- £26,000 to £1 million in days
- Quick decisions ( usually in hours)
- Help with structuring your property deals
- Flexible terms
- Large facilities for multiple projects
- Personalised service, rather than a call centre
- Long term relationships
In order to discuss your specific requirements, please apply online for a free quotation or call us on 0870 1614331
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Don't forget to use our mortgage calculator.
Remember. Mortgages are personal to you - your circumstances,
your lifestyle and your budget.
Do you really want to make the biggest purchase
of your life without talking to 4 Square Financial Services
first?
Call us now on 0870 161 4331
Your home may be repossessed if you do not keep up repayments on your mortgage
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