If you are planning to buy a new house but worry about having
insufficient funds and are relying on an existing property sale to release the
needed liquid capital, then a Bridge loan could be the ideal solution for you.
By making use of bridge loans you would be able buy that
dream property instantly by releasing the capital from an existing property in
the short term until your property sells at a reasonable price or you secure a
longer term loan, like a mortgage. Bridge Direct are a direct lender, meaning
they can read all your requirements thoroughly and give an instant decision on
your bridge loan application. You can quickly and easily submit your bridge
loan request by completing their bridge loan calculator at their website, a
decision maker from one of their team will then contact you at your convenience
with an instant decision.
Many people worry about a higher rate of interest on a
bridge loan, however, if you consider the buying power it give the borrower to
leverage a better deal these rate can more than be negated. Plus experts
lenders Bridge Direct are here to help every step of the way and will find the
best possible deal for you and your situation.
Bridge Loans are a secured loan, meaning the loan is normally
secured against a property owned by the borrower. By using a Bridge Loan you
could free up to 80% of the equity held in an existing property instantly. Bridge
Direct caters for all possibilities, accepts 1st and 2nd
charges, so no matter your situation, Bridge Direct may have a deal for you.
The team of Bridge Direct has 30 years of lending
experience, so they analyse all your requirements thoroughly and provides the
best possible deal on your requirement.
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