Archive for the ‘Bridging loans’ Category

Acquiring a short term bridging loan

Tuesday, September 2, 2008 9:00 No Comments

In order to discuss the acquisition of a commercial short term bridging loan, we first need to define exactly what this form of finance is, there are two general forms that a short term bridging loan can take, and both of these are detailed below.
• Closed Bridge – This type of short term bridging loan is [...]

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New bridging loan product at 100% of purchase price

Monday, September 1, 2008 17:13 No Comments

A new bridging loan product has been launched which provides 100% funding of the purchase price.
This style of bridging loan is for Below Market Value (BMV) purchases and is ideal for auction properties where BMV is more prevalent. The bridging loan offers 100% of the purchase price subject to a maximum of 65% loan to [...]

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A discussion of bridging finance

Monday, September 1, 2008 14:01 No Comments

Most people will have heard of the term bridging finance or bridging loan, but unless they have actually needed to apply for one, they may not be completely clear on what this type of loan is or what it is used for. An extremely simple definition would be that bridging finance is a type of [...]

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What is Bridging Finance?

Wednesday, August 27, 2008 9:00 No Comments

Bridging finance is used as a short term loan to bridge the gap when a property currently owned is still awaiting completion of the sale, but the owner wishes to purchase their new property immediately. Usually bridging finance will be offered at a slightly higher interest rate than normal borrowing, and will be of a [...]

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Quick Bridging Loans

Tuesday, August 26, 2008 8:00 No Comments

If you are looking for an effective method of bridging the financial gap between the purchase of a new home and the sale of your existing home, quick bridging loans could be the answer.  The period in-between sales can be very uncertain and frustrating; it could even lead you to losing your new dream home.  [...]

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