Do you need a Bridging loan arranged quickly?
Looking to buy an auction property?
Has your high street bank pulled the Bridging finance from under your feet?
Bridging loans can be used for Commercial or Residential Purposes.
You may wish to buy a property before you have sold your current one.
At Mortgage Arena we can arrange quick competitive Bridging finance for any of the following:
- Commercial Property
- Semi Commercial
- Land Developments
- Buy to Let
- Self build and more…
Short term from 1 to 12 months available or should you wish, you can look at long term funding from 3-25 years. Mortgage Arena can help you arrange Open or closed Bridging finance!
What is the Difference Between open and closed bridging finance?
Open Finance: if you’re buying a property from auction, estate agent or private purchase and the contract for sale of your existing property has not yet been completed.
Closed Finance: if you’re purchasing a property from auction, estate agent or private purchase where the contract for sale has been completed but there is a delay between the receipt of funds and the settlement to purchase the new property.
