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Lifetime Mortgages, Contractor Mortgages, Property Development Finance in Kent

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Bridging Loan FAQS

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What is a bridging loan?

A Bridging Loan is a short-term finance product, designed to bridge the gap until an asset can be sold or until longer term finance can be arranged. Learn more >

 

Bridging Loan FAQS


How much can I borrow with a Bridging Loan?

Bridging Loan lenders may lend up to 75% on a single asset, this can be more if there are other assets that can be included as security for the lender. For example, if you have other properties that you are willing to incorporate into the deal.

What will my monthly payments be if I take out a Bridging Loan?

How much deposit do I need for a Bridging Loan?

What’s the process to apply for a Bridging Loan?

How do I pay the Bridging Loan off?

How long will it take to arrange a Bridging Loan?

What fees will I need to pay when I apply for a Bridging Loan?

Can I borrow using a Bridging Loan over multiple properties?

What type of properties can a Bridging Loan be used on?

What are the risks of taking a Bridging Loan?


 

Book A Call To Discuss Bridging Loans


If you have an enquiry and would like to discuss Bridging Loans in more detail, please get in touch or schedule one of our Bridging Loan experts to give you a call.



 

At MRG Private Clients, we believe in providing our clients with personalised guidance and support when it comes to making important financial decisions. We are based in Medway, Kent but offer our specialist mortgage services nationwide. Learn more about our specialist mortgage services >

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Lifetime Mortgages, Contractor Mortgages, Property Development Finance in Kent

MRG Private Clients LTD is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 797843. The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

The Financial Conduct Authority does not regulate some forms of buy-to-let mortgages. As a mortgage is secured against your home or property, it could be repossessed if you do not keep up the mortgage repayments. A lifetime mortgage will be secured against your home. Think carefully before securing other debts against your home.

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