A bridging loan (or “bridge loan”) can be useful if you need to borrow money for a short period. It can help to ‘bridge the gap’ if you want to buy a new home before selling your old one.
A refurbishment bridging loan is a type of loan that is designed specifically for short-term usage. A refurbishment loan can provide a substantial amount of finance within a short timeframe and can “bridge” the gap when there is a shortfall in funding
Development finance is a short-term funding option, usually for between 6-36 months. It is designed specifically to assist with the purchase costs and build costs associated with a residential or commercial development project. This can be a new build, conversion or refurbishment covering a single unit through to multiple units built across a number of phases.
A High Value Unsecured Loan could assist those carrying out considerable Home Renovations or large scale Debt Consolidation, offering an Interest Only facility over a maximum term of 36 months, and up to £250,000
