Bridging finance in Wolverhampton are basically short-term loans that can be taken out for 1 day to 2 years. The time frame can be arranged to suit the clients needs. Normally there will an exit plan from this type of finance to a sale to pay the funds off. Or a project completion moving on to long term finance typically 5 years plus. The bridging rates will depend on the level of perceived risk and the type of bridging security offered to the lender.
Bridging finance enables you to buy a new property before you have sold your existing property. During the transition period, you will own two properties, hence the term bridging finance. A bridging loan could be the only way to borrow enough to tide you over. There are of course different bridging lenders with different criteria and approaches to how they lend. The rates can vary however we will match the lender with your short-term goals and assist you with the second stage after bridging finance. Apple finance have provided loan products to clients for a number of years and so we will find the best finance for you in Wolverhampton and Staffordshire.
Our professionals are here to make your bridging loan as straight forward and simple for you. We will guide you to manage your loan according to the terms and conditions of the lender. This will not only make your loan application run smoothly but ensures that you receive the funds when you need them. We know that some of our clients have a less than perfect credit history however we can still place bridging finance with the major lenders out there. We can provide bridging finance for clients in Wolverhampton regardless of their circumstances. If required we can arrange bridging finance as a matter of urgency if for example someone has made an auction purchase with a tight completion date.
Apple Finance is a trading style of Paul James Thomas which is an appointed representative of Beneficial Life (London) Ltd, which is authorised and regulated by the Financial Conduct Authority, FCA number 736655. Paul James Thomas is authorised and regulated by the Financial Conduct Authority, 918650.