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Short Term lending or Bridging Finance, as it is commonly called, is an important and necessary product offering in both the Residential and Commercial Mortgage market.

Loans can be structured in many ways and can be arranged on Investment and Buy to Let properties, Commercial properties and on Residential properties. It is commonly required to fund quick transactions (sometimes within just days).

Bridging Finance

  • Loans from £25,001 to £25m
  • Rates from 0.59% per month
  • Up to 75% LTV can be achieved
  • Interest payments can be either rolled up, deducted, or paid monthly
  • Loans from 1 day to 24 months
  • No proof of Income and loans can be arranged with an element of adverse credit
  • Loans can be on a first or second charge basis

The benefits of taking a bridging loan are:

  • Immediate decisions so no long credit score process to contend with
  • Very quick access to funds which is beneficial if tight deadlines have to be achieved
  • Finance is needed for business purposes or a capital injection
  • Purchase at auction with the knowledge that the funds are in place
  • Flexible terms
  • No actual monthly payment needs to be made
  • All products and rates are completely transparent

Pure Funding Solutions has access to all the major short-term lenders as well as many private funding lines.

Simply call the sales team on 0300 303 3305 or click here.