| Buying a new property always need good amount of | | | | amount ranges from ¤25000 to ¤350000 secured |
| investment. Sometime people have to sell their existing | | | | against your property. You can get up to 75% of the |
| property to buy the new one. But as everybody know | | | | value of the property offered by you as collateral. |
| selling a property is not an easy job and is very much | | | | These loans are short term loans; hence carry a |
| time consuming. By the time you get the sale | | | | higher rate of interest. These loans can be repaid |
| proceeds, the property you thought of buying is taken | | | | within a period of 1 month to 12 months and can be |
| by some other person. This is the problem with most | | | | higher in certain circumstances. |
| of the buyers these days. Bridging loans can help you | | | | Benefits of easy bridging loans: |
| out by providing you funds when you need them. | | | | 1. Short term loans against value of your property and |
| As the name suggests bridging loans are loans that | | | | not the purchase price. |
| act as a bridge to fill the money gap between the time | | | | 2. Short term property loans for investment properties. |
| when your need for money arises and the sale of | | | | 3. Development loans for expansion of your business. |
| your existing property. Bridging loans are not confined | | | | 4. Loans to clients of brokers. |
| to buying new property only. It can be used for any of | | | | 5. Loans to individuals, trusts and limited companies. |
| your personal needs can be related to business needs | | | | 6. Option to apply online with reduced paperwork and |
| or personal needs like buying new car, furniture, home | | | | faster approach. |
| improvement or any other requirement which can't | | | | 7. There is also an option to extend the repayment |
| wait too long. | | | | term to suit to your circumstances. |
| Easy Bridging Loan is secured by your existing | | | | You need to fill an application form with the following |
| property which you are going to sell. This property | | | | details: your name, address and contact information, |
| include residential properties, commercial & | | | | loan amount, property value, outstanding mortgage (if |
| semi-commercial properties, auction properties, | | | | any). Once you have filled the form, the lender himself |
| development sites, buy to let properties, retail shops, | | | | will contact you. Easy bridging loans are for all types of |
| land with planning permission etc | | | | people including IVA's, CCJ's, defaults, arrears, |
| The aim of an easy bridging loan is to provide fast | | | | bankrupts etc. Easy bridging loans will give you the right |
| money to the borrower. An easy bridging loan requires | | | | platform for a new beginning. |
| a maximum of 48 hours for its approval. The loan | | | | |