Regulated Bridging Loan – Manchester
Whether you live in Manchester, planning to move to Manchester or have property in Manchester we can help. This is our home town and we know it very well, as well as having strong connections to local estate agents, accountants, lenders and solicitors.
Regulated Bridging common uses
A Regulated Bridging Loan can be a very useful and convenient finance option to help you on a short term basis. Here are some of the most common uses for a Regulated Bridging Loan:
- Buy before you sell: Buy a new home, before your current home sells
- Auction Purchase: Purchase a home at Auction
- Chain Break: Complete on a house purchase after a break in a sale-chain
- Capital Raise: Raise money quickly for business use or tax bills
- Downsizing: Selling a large home to buy a smaller home
- Cash Buyer: Bridging finance to become a cash buyer for a home
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
Contact us
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
Visit our Contact Us page to make a formal enquiry
Regulated Bridging Loan – Manchester
Manchester has truly established itself as the second city of the UK behind London. The skyline today has more in common with New York as property investors continue to pile money into the city. The number of people living in the city centre has exploded with new developments springing up every month. Its world class universities churn out well qualified professionals many choosing to make the city their home.
All major banks, private banks, the big 4 accountancy firms and international businesses have all chosen Manchester for offices. The housing stock is excellent with a mix of Victorian villas, New build flats, converted warehouses and family homes. In addition to the city centre, popular locations are Chorlton, Urmston, Didsbury, Prestwich and Whitefield.