Open-Bridge Loans

Bridging Finance where the exit is not clearly defined

Specialist "open" bridging loans describes where the repayment strategy is not clearly defined.  It may be that the property you wish to sell has not yet been marketed by the estate agent, however, you wish to purchase your next property.

 

Additionally, it can be used to purchase a property requiring improvement before you are able to obtain a standard residential or buy to let mortgage.

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