A bridging loan provides the solution when funds are required quickly for up to 12 months. Like a mortgage, a bridging loan is secured on property or land but is much quicker and easier to arrange. A bridging loan typically takes between 7 and 10 days from application to completion. As the loan is secured on property our criteria is not rigid or based on your credit history. We will consider all applications and can provide a facility to suit your individual needs.
Bridging loans can be used for various purposes and not everybody realises how flexible a bridging loan is. Providing security is available, there are many reasons to use a bridging loan. Some of these could be:
- Purchasing property at auction
- Chain-breaking mortgage
- Purchasing an investment property
- Purchasing property overseas
- To pay off a tax bill
- To help homeowners who have been or are about to be repossessed
- To raise money for business purposes
- To help clear bankruptcy petitions
Since we are in association with principle lenders and leading packagers Blue Cube Finance Company can arrange bridging loans and commercial mortgages for companies and individuals. We offer status and non-status loans and secure on residential properties, commercial properties and land. We offer:
- Loans from £50,000
- 1st or 2nd charges
- Exceptional friendly service
- Fast decisions
- Competitive rates
- Up to 100% LTV with additional security
- Rapid completions
So if you think a bridging loan can help you, why not let Blue Cube Finance Company assist in arranging your financial requirements. We can still help even if you have mortgage arrears, a bad credit history, defaults and CCJ’s or if you have been refused elsewhere.
Please note, a 1st charge over your residential property or even a semi-commercial property whereby more than 40% will be occupied by yourself of a member of your family is known as a regulated mortgage contract. All regulated mortgage contract loans are regulated by the Financial Services Authority. Blue Cube Finance Company does not currently offer regulated loans.