Number #1
in Essex
Get in Touch
First 4 Commercial > Bridging Finance > Bridge to Property

Many more people are taking advantage of house price growth and rising rents to launch into investment properties or buy- to-let, and taking out a bridging loan to fund the project is the ideal way to help finance it. Bridging loans can provide the additional finance to be used for refurbishment, to help achieve completion or to buy discounted property at auction. As long as therebs a clear exit strategy in place, a bridging loan is a quick and easy way to secure finance.

So when might bridging finance for a property purchase be suitable?

Banks can be tricky about buildings requiring redevelopment, and are unlikely to lend money for properties needing renovation. The big advantage of bridging finance in property is that there are no restrictions on buying for renovation. Investing in refurbishment means that once the property is improved, youbll benefit from either higher rental income, or re-selling for profit. As many bridging lenders offer rolled up or retained interest payments, then neither do you need to worry about monthly repayments.

If youbre buying at auction, then quick bridging finance will help you complete within the standard 28 days, and properties being sold at below their market value can also be secured before theybre snapped up. The beauty of bridging is in the flexibility. So property investors can move fast, and increase and improve portfoliobs, without stepping foot in the bank. Contact one of our qualified advisors for more advice on bridging for property b webll help you find a way.

For full details and a FREE tailored illustration please contact the team on 01277 620083 or email info@first4commercial.com

first4commercial.com

f4c

T:B 01277 620083B F:B 01277 658900B E:B info@first4commercial.com

A:B 5 Alyssum Walk, Billericay Essex CM12 0SS

]]>