I have used Lisa at L.J Financial for my mortgages for the past 18 years. Nothing is too much trouble and she has always given me the best advice and found the best mortgage rates. I will will continue to use Lisa for both my residential mortgages and my rental portfolio. I regularly recommend her to anyone that needs help and advise. Excellent service.
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Bridging Loans
What are bridging loans?
These are short-term loans that provide fast access to funding and are usually taken out by businesses looking to purchase commercial property or make an investment before the necessary capital becomes available, e.g. through the sale of existing property or assets. Essentially, these funds ‘bridge the gap’ between the time of purchase and the time of funds becoming available.
Usage
Where bridging loan can be used?
A typical use of a bridging loan would be for those times that you’ve still not found an owner for your old property but chosen a new one to move into. The loan is designed to help with a cash inflow until you’ve sold you’re old property.
Some additional examples of where bridging finance may be used for short term solutions:
- Property sale has fallen through or is delayed and client is purchasing another property
- Purchasing properties at auction
- Temporary cash flow problems
- Property Development
- Buy-to-let
- Renovation of property
- Land acquisition
- Urgent payment of a tax bill
- Avoiding bankruptcy
- Prevention of repossession
- Divorce settlement
Secured and unsecured loans are not regulated by the FCA.
Need more info on bridging loans?
Call our team today on 0207 7328111 or email admin@ljfinancial.co.uk
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Testimonials
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See what our customers say
Mortgages comes in all different shapes and sizes and which one to choose depends on your circumstances. We can help find the right one for you.
Peter
Meryem Mehmet
Lisa, helped guide and supported us throughout our whole application. She was amazing, highly recommend to everyone.
Sarah M
Lisa has advised and arranged mortgages for me for about a decade now. Lisa’s expertise and awareness of the mortgage market is extensive and I fully trust her advice. I’ve recommended Lisa to my friends whom have been equally impressed. Thoroughly recommend.
Tee T.
Lisa is a very commercially minded adviser and gets her clients what they need. Efficient and very knowledgeable and has helped me arrange a couple of mortgages. Highly recommend!
Lee
Excellent service and very knowledgable. Wouldn’t hesitate to use again and highly recommend.
Kat Sackett
I have been working with LJ Financial now for over 10 years. Lisa has never let me down; she goes above and beyond. Really pleased with the service, and I have recommended her to all friends and family. Keep up the good work!
Alexandra
Amazing service. Very thorough and put me at ease. Everything explained clearly. Highly recommended.
Find out why people trust LJ Financial for their mortgage needs
Call our team today on 0207 7328111 or email admin@ljfinancial.co.uk