The Benefits of Leveraging. It is better to buy with your cash combined with a loan than buy only with your cash. This Financially Free Tip compares the results of buying with cash only or combining your cash with a loan or mortgage, which means leveraging your cash, and compares 3 different…
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Bridging Loans
A bridging loan is used to help purchase a new property when the current one on the market hasnt sold. Because the existing one hasnt been sold, financing is needed that will use the existing and perhaps even the new one as collateral. They have a quick turnaround for approval, typically 24 hours, and can also be funded as soon as a week after approval. Typically the terms are only for 12 months as the financing can get expensive for a period beyond that. For More Information On Bridging Loans Please Visit www.bridgingloansbrokers.co.uk
Fixed rate buy to let mortgages gaining popularity -16 Feb 2012
Listen to the latest views from David Whittaker, managing director at Mortgages for Business on the potential impact of the latest round of quantative easing. Also David highlights a great new five year fixed rate buy to let mortgage and a bridging loan from just 0.7% per month. He will also encourage you to complete our Property Investor Survey. For help with your property investment funding call us on 0845 345 6788. Alternatively, you might like to use our buy to let mortgage calculator on www.mortgagesforbusiness.co.uk to assist with your property investment planning.
Differences and similarities of a bridging loan and development …
Differences and similarities of a bridging loan and development …
Due to the recession most financial institutions have tightened their loan underwriting which made it more tricky for individuals to obtain finance. This has in …
www.forneyforsale.com/…/differences-and-similarities-of-a-br…
Bridging finance | mmibrokers.com
mmibrokers.com Q. Why bridging finance? A. Bridging finance can be an effective short term financing solution, with minimal referencing and paperwork, if you need to raise capital fast to complete on a property, or another project then please contact us below and one of our dedicated consultants will contact you to discuss your options. Bridging finance is available through a number of sources such as private individuals and foreign banks operating here in the UK. For example if you are a home owner with a mortgage and that house you have always wanted comes onto the market and you need to complete quickly. One solution would be to bridge the purchase of your new property without having to sell your existing property in order to complete on the purchase, in some cases the bridging loan company will give you up to 6 months to sell the existing property and repay the loan. The bridging loan company will help you raise the money you need to put down a deposit on the purchase, then the loan is repaid when you sell or remortgage your current property. Call Now 0207 193 3966 [email protected]