Bridging Finance has been designed to obtain finance in short term. It can be used for auction purchase, distress property purchase, inhabitable property purchase or where urgency is required. It can also be used for property refurbishments and conversion. Our bridging loan term tends to be from one to eighteen months.
At Strategy Finance, we arrange Bridging Finance applications quickly and efficiently. We can easily complete the whole process within twenty eight days, if you have an efficient legal firm to work with.
All processes are set up according to the client needs and available information about the client’s experience, credit history, financial information and the property types.
Bridging Finance is commonly used for the following reasons:
- Auction Purchases with pre-auction bidding
- A new residential property, commercial property, investment or trading property
- Meeting urgent transaction deadlines
- Capital raising
- Chain-break finance
- Property Refurbishments
- Property Conversions
- Cash Flow
- Landlords looking to buy properties quickly
Your home may be repossessed if you do not keep up repayments on your mortgage.