What is a Bridging Loan?
A bridge loan, a short-term financing solution, maintains cash flow flexibility and bridges financial gaps. Frequently utilised in property acquisitions by investors and developers, bridging loans can secure the purchase of desired properties, preventing missed opportunities.
Bridge loans offer an opportunity to secure desired properties and aid in completing property transactions. However, they may not be ideal for all cash flow delays, and alternative financing options may be more appropriate.
A specialist in bridging finance can assist in determining the most suitable financing option tailored to your individual circumstances. The experienced team of professionals at ADNFC Mortgages regularly assists clients in advising on optimal property financing, sourcing the finest bridging loan deals, and ensuring a smooth and efficient application process to meet tight deadlines.
Want to know more about Bridging Loans?
Collaborating closely with clients, ADNFC’s bridging finance specialists prioritise client needs, ensuring a comprehensive experience.
Landlords and property developers favour bridging loan finance for short-term project funding. Additionally, home movers are increasingly embracing it to facilitate purchasing a new property while awaiting the sale of their current home. This flexible financing solution provides quick access to funds.
Clients can enjoy various advantages, such as rapid arrangement (possibly within 24 hours), daily interest rates, and potentially no early repayment penalties (on select schemes), ideal for short-term borrowing needs. Bridging loans typically necessitate no credit checks. However, lenders typically request a completed application, proof of address, identification, and a copy of your building insurance schedule reflecting the lender’s interest, which we can facilitate for you.
