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Bridging Loans FAQs

What is a Bridging Loan?

A bridging loan is a short-term financing solution designed to 'bridge' the gap between the purchase of a new property and the sale of an existing one, or to quickly secure funds for a business

How quickly can I get approved for a Bridging Loan?

Typically, Bridging Ventures Group can provide loan approval within 24 hours, allowing you to move

What are the interest rates for a Bridging Loan?

Interest rates can vary depending on a variety of factors such as the loan amount, loan-to-value ratio, and your financial circumstances. Please get in touch for a tailored quote.

What is the minimum and maximum loan amount?

The loan amount is flexible and can be tailored to meet your specific needs. However, it's essential to consult with us to understand the loan amount you are eligible for.

What types of properties can I purchase with a Bridging Loan?

Bridging loans can be used for various property types, including residential, commercial, and semi-commercial properties.

Are there any upfront fees?

Any fees associated with the loan will be disclosed upfront, and we pride ourselves on transparent practices to ensure you know all the costs involved.

How is the loan secured?

The loan is typically secured by a first or second charge on the property being purchased. In exceptional cases, a third charge may also be considered.

Can I repay the loan early?

Yes, Bridging Ventures Group offers the flexibility of early repayments without any penalties, giving you the freedom to manage your finances as you see fit.

Do I need a good credit score to apply?

While a good credit score is beneficial, we assess applications on a case-by-case basis, focusing on the property's value and your overall financial picture.

Can I extend the loan term if needed?

Extensions on the loan term are possible but will need to be discussed and agreed upon in advance.

Can Bridging Ventures Group help if I'm declined?

If we cannot finance your project, we can assist you in finding an alternative lender that meets your needs.

How do I apply for a Bridging Loan?

You can apply by filling out our online application form or by getting in touch with our expert team for a commitment-free conversation.
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