Residential bridge loans

Finding the right lender for your residential financial requirements is very important and is something that should be carefully considered By making use of Bridge loan you could buy a new property without worrying about selling an existing one. By utilizing a bridge loan in this way sales stuck in chains can be sped up and bargains snapped up at auctions. The option is then there to either seek a longer-term funding solution, such as a bank loan or mortgage or look to renovate and sell the property within the time period of the bridge loan and make a healthy profit.

Residential bridge loans duration normally ranges between 1 and 12 months, however, this will differ from lender to another lender. Bridge Direct will offer an instant decision on all bridge loans, and offer the option to extend and strike new deals on all their bridging products.

It is also becoming extremely common for property developers and commercial business owners to make use of bridge loans to maintain cash flow and keep their business flowing. Due to the instant availability of bridge loans, this means an instant cash injection can be ready whenever it necessary without having to worry about lengthy credit checks and due diligence.

As a bridge loan from Bridge Direct is a secured loan, you don’t need to worry about passing set criteria or credit checks, and you will be guaranteed an instant decision on your application, meaning you can still be eligible even if you poor or adverse credit.

Bridge Direct process each and every request carefully, and every deal is assessed on its own individual merit. Bridge Direct will accept 1^st and 2^nd charges, have no set criteria and accept poor or adverse credit.

You can contact the Bridge Direct team on 020 3126 4969 or by completing the inquiry form on their website.   

Below are the few advantages you can expect from Bridge Direct for your bridge loan application;

• Loans are ranges from £30K to 500K
• Highly experienced team
• No upfront fees
• Interest rollup available
• No Set Criteria
• Instant Decisions on each request with no credit search required
• Each deal processed on its individual merits
• No middlemen - direct access to funds