Bridging Loan in Stoke-on-Trent
Our Bridging Loan Service
Special features of what we offer include:
Bridging loans from £20,000 to £25 million
Terms of finance from 1 to 36 months
Bridging loans for individuals, limited companies, sole traders and partnerships
Interest roll-up schemes
Whole of market service - we work directly with UK bridging lenders
Lowest rates - access to all the leading bridging loan deals
Fast turnaround - speak to us today if you need to move quickly: 5 to 7 days possible
We're experienced in arranging bridging finance in Stoke-on-Trent and Staffordshire
Across Hanley, Burslem, Tunstall, Longton and Fenton, from Harpfields to Hartshill and Penkhull, out to Meir and Trentham, and further afield to Stanley and Hulme: whether you’re completing a purchase in the six towns, or wanting to develop a property, it’s vital that you have your funding lined up and ready to go.
Arranging property finance from a traditional lender can be time-consuming and frustrating. Mortgage applications with high-street banks and building societies can take up to a couple of months to process, and you could be weeks into the system before you find out your application doesn’t suit their lending criteria.
An alternative way of financing a property transaction is to take out a bridging loan. "Bridge finance" is a specialist type of short-term lending designed specifically to provide a temporary cash flow solution (or "bridge") before permanent finance can be arranged.
Bridging loans can be secured against commercial property, residential property, building plots or even land without planning permission.
Bridging loans can provide:
Fast, short-term finance when time is of the essence
Finance from £50,000 to £25M
Flexible terms to suit your needs
Bridging Loan Calculator
See how much you could secure for property finance in Stoke with our bridging loan calculator:
Bridging loans can be used for a variety of property transactions:
A bridging loan provider will want to know the details of your "exit plan": how you plan to repay the loan. You may be planning to arrange a long-term mortgage on the property you’re buying, as soon as you’re able to. Or the aim may be that the sale of the house you’re currently in will pay off the loan.
The bridging loan market is quite complex and you will probably find that engaging the help of a specialist broker will steer you through it quickly and cost-effectively.
If you’re buying in Staffordshire or the West Midlands and not sure how bridging finance works, or if it will be the right solution for you, call Fair Mortgages on 0117 313 6058 or complete our request callback form.