Regulated Bridging Loan to be a Cash Buyer
When it comes to buying a home there can be a lot of moving parts, worries and concerns:
- Getting a good deal on the price of the home
- Ensuring the seller accepts your offer
- Making sure the sale goes through without unnecessary delays
- Beating the competition to ensure you win your dream home
Property buyers in the strongest possible position are cash buyers. As a cash buyer, this gives sellers and their estate agents confidence, that you are in the strongest possible position to complete the purchase.
Taking a regulated bridging loan, can effectively put you in the same position as being a cash buyer.
Regulated Bridging Loan to be a Cash Buyer
A Regulated Bridging Loan can be used to give you the same advantage as a cash buyer. A regulated bridging loan can be arranged very quickly, with no income or affordability assessment required.
Key Features of a Regulated Bridging Loan:
- Loans from £25,000 to £10,000,000
- Loan to value up to 70% (100% with additional security)
- Secured on Residential Property
- No monthly payments
- No income or affordability assessment
- No exit fees
- Repay in full or in-part at anytime without any penalty
- 12 month term
- Receive funds quickly, usually in weeks and sometimes in days.
Speak to an expert adviser today
About us
First Select Bridging Loans are friendly and professional FCA regulated mortgage brokers. We can access mortgages from the whole of the UK mortgage market, meaning we can get the best possible deal for our clients circumstances. Based in Manchester, we are a family business with decades of experience in financial services. Our goal is to be the most trusted regional mortgage advisory business in the northwest of England.
Our team of experts are ready and waiting to help. Contact the team below:
Phone: 0161 393 1575 // 07780 446 937
Email: hello@firstselectfs.co.uk
