Bridging Loans are loans that are used to cover temporary shortfalls in finance. You may need a bridging loan to help you to buy a new home while you are waiting to sell yours, get a cash injection for your business, pay your VAT or tax bill.
Your business may need a short term cash injection.
We can arrange loans of between £25,000 and £200 million from a variety of lenders, and your payments can be interest only if needs be. As we are not tied to any one lender we can source the whole market to ensure we obtain the best available deal to suit your circumstances.
A bridging loan is a short term mortgage, and, like a mortgage, the bridging loan needs to be secured. The security can consist of any type of property or land in England, Scotland or Wales.
Bridging loans can also be used for a variety of other purposes:
To buy at Auction
To buy land with planning permission
Buy to Let property
Commercial units shops/offices
Rates start at 0.7% and funds can be released within 48 hours of receipt of an application
Kirk at UKFCS is a very professional and competent broker, he is very trustworthy and we have worked closely for many years helping lots of clients in the process. Highly recommended.By Chris Warner in Harlow, Essex
UKFCS provide a fantastic service. The advice I was given was thorough and jargon free. Everything was done efficiently and they saved me money. I will definitely be recommending them to friends and family.By Sheetal Patel from West London
Authorised and Regulated by the Financial Conduct Authority.UK Financial Consultancy Services Ltd, Registered in England and Wales No.5467810
Registered Office: 33 Darnley Road, Gravesend, Kent, DA11 0SD Your home may be repossessed if you do not keep up repayments on a mortgage or any other debts secured on it.
The overall cost for comparison is 4.4% however the actual rate will depend on your circumstances.
UK Financial Consultancy Services Ltd operate as an intermediary and are not a principal lender
Our FCA registered number is 435495 and can be found on the regulators website at www.fca.org.uk/register