Bridging Finance Loans at Wise Money for quickly raising money 
Bridging finance through Wise Money is both quick and easy with very good rates. Short term loans – even with adverse credit
we can help you source the best loans.
A bridging loan can be used for a variety of reasons:
* If you need to purchase one property before completion
on the sale of another.
* If you need to fund the purchase of a property abroad.
* If you need to fund the purchase of a ‘defective’
property, but repairs have not yet been done.
* If you simply does not want to lose the purchase of a new
property (auction sales etc).
Not sure what to do? Simply complete the form for a free no obligation quote and you can talk through your alternatives with our trained advisors.
For UK
loans seekers looking for a fast online loans calculator  please click here now
Closed Bridge – Lending Criteria
Lending up to 100% LTV. Lenders will NOT need to take a first legal charge on the property. Time Period – Approx 3 – 5 Days
Example of Closed Bridge
Person selling their property for £300,000 and buying a house
for £250,000. We can arrange loans to lend £250,000 (83%LTV) to complete
the property purchase.
Open Bridge Loans– Lending Criteria
Lending up to 75% LTV. The lender will require to take a first legal charge on the property. (If you already have a legal charge on the property, e.g a mortgage it will need to be repaid it from the bridge funds). Time Period to completion – 3 – 4 Weeks (Approximately) Loans are usually for periods between 2-12 months.
Example of a Open Bridge Loan
Person selling their property for £300,000 and has a mortgage
on that property for £50,000; looking to buying a house for £175,000. We can arrange loans to lend £225,000 (75%LTV) and would
repay the £50,000 mortgage, leaving you with £175,000 to
purchase the property.
For UK
loans seekers looking for a fast online loans calculator please click here now
If you
are looking for a mortgage, even if you have a poor credit history,
come to us first to see what we can do. Your poor credit history does
not exclude you from getting a mortgage or remortgage.
Even
if your poor credit rating has meant you’ve had special terms
imposed on remortgage quotes in the past, we have access to a number
of suppliers of poor credit remortgages and have been able to help
many customers with a poor credit rating to arrange a suitable remortgage.
If features
such as no early repayment penalties, transfer flexibility, or payment
holidays are important to you these will be factored-in to our mortgage
search. If these features are not important to you, our team of advisors
will base the search on finding you the most suitable house purchase
mortgage available to suit your particular circumstances.
Once
we have all the details, your house purchase mortgage will be processed
as soon as possible to ensure your funds are available so you can
complete your house purchase without delay.
Self
Certification Mortgages- If you’re looking for a mortgage
and can’t prove your income, a self certification mortgage may
be just what you need.
Self
certification mortgages are ideal if you can’t prove your income.
This may be because you are self-employed, a freelancer, contractor
or seasonal worker, or you may be paid on a commission-only basis,
be an un-salaried company director or you may have more than one source
of income such as income from investments.
If you’ve
had problems finding a regular mortgage because you can’t prove
your income please talk to our lenders about a self certification
mortgage. We work with a number of suppliers who are happy to consider
self certification mortgages. If this sounds like the type of mortgage
you need talk to one of our advisers today to see what we can do for
you.
Once
we have all the details, your self certification mortgage will be
processed as soon as possible to ensure your funds are available so
you can complete your house purchase without delay.
For UK
loans seekers looking for a fast online loans calculator APPLY NOW please click here now
The overall
cost for comparison is 8.6% APR.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR
HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
UK customers- WiseMoney.com Ltd is an information only website who
will pass you to an appropriately FSA regulated and authorised organisation
who you give permission to contact you. We may receive a financial
payment if you successfully complete a product for which we introduced
you. We wish you all of the best in your financial endeavours.
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