Maximising Property Transactions: Leveraging the Power of Bridging Finance

By on February 26, 2024   /   Blog  
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Maximising Property Transactions: Leveraging the Power of Bridging Finance A comprehensive guide to property bridging finance, including its definition, pros and cons, how it works, qualifying criteria, common uses, comparison to traditional mortgages, market insights, providers, costs and fees, key considerations, and maximizing benefits. Leveraging the power of bridging finance Introduction to Property Bridging Finance Property bridging finance serves as a valuable financial tool for individuals navigating real estate transactions, particularly when selling and purchasing properties simultaneously. This short-term loan, secured against property equity, provides quick access to funds essential for bridging financial gaps in property transactions. For instance, imagine a scenario where a homeowner finds their dream property before selling their current home. Property bridging finance enables them to bridge the financial shortfall, facilitatingRead more →
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Bridging Loans For The UK

By on September 11, 2021   /   Blog  
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What are bridging loans? 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. Or if you need to release cash for business purposes secured against u residential or commercial property. How does a bridging loan work? There are two types of bridging loan: ‘closed’ and ‘open’. Closed bridging loans With a closed loan, there is a fixed repayment date – you will normally be given this kind of loan if you have exchanged contracts but are waiting for your property sale to complete. Open bridging loans With an open loan, there is no fixed repayment

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German Bridging Loans And The Economy

By on September 16, 2020   /   Blog  
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It now seems, that despite pressure from the U.S. and the IMF, Germany’s decision to hoard cash reserves and maintain low debt, to enable them to deal with a “worst-case scenario” has proven almost prophetic. This situation has now materialised, and the government has been well placed to aid Germany’s recovery with a substantial financial rescue package. The German government has been typically efficient and resilient, in its management of the virus and its financial support given to its workforce. They have confounded many countries with their low death rates and stable unemployment figures. The property development market has continued to function and looking to use German Bridging Loans, albeit in a reduced capacity with external, or “dangerous” work being partially suspended during the lockdown

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