A New Way To Finance – Bridging To Let
Bridge to let loans target a specific market, therefore buy-to-let market. This is a fixed-term loan that helps you in securing the property that you wish to rent out without having a fundamental mortgage or deposit. This loan can be used for either commercial or residential properties.
At propertyfinance compare, we can assure you that our professional brokers will assist you however possible before pitching you a proposal or offer. Contact us, and our experts will guide you if the bridge to let a loan is a right choice for you or not.
PropertyFinance Compare- Benefits
There may be various reasons for you to put your trust in other companies, but why propertyfinance compare, right? Well, we have got you covered.
Choosing us will give you access to professional brokers/experience lenders
We are a company trusted by various professionals
Before funding you, we ensure your property development plan is foolproof
We don’t believe in investing blindly; we check and recheck our client’s background and other necessary details
Our land development financiers also offer construction loans apart from bridging finance for land
Why Work With Us?
PropertyFinanaceCompare.com is a team of professional brokers, not lenders. We become a bridge between borrowers and lenders to enter into different types of loan agreements, including both secured and unsecured loan agreements.
Reliable property development loan comparisons that you can trust. It is always nice to know that our clients are on the right track. What makes us different
What makes us stand out from our competitors?
What is property finance compared for?
What are the benefits of working with us?
What’s difference b/w a lender and a broker?
How does the bridge to let the loan work?
In the beginning, a bridging loan is used to buy or develop the property. Then it is converted to a buy-to-let agreement once the project is completed and rented.
What is the difference between Bridge to let loans and other loans?
It has a fast turnaround and includes a pre-approved exit strategy.
What are the fees for the bridge to let?
Fees for the bridge to let loan may include
- Valuation of the property
- Facility fee
- Exit fee
- Legal costs
Even when I have bad credit, can I still get a bridge to let loan?
Although lenders ensure that their borrowers have a good credit score, exceptions can be made. With the right lender, you can still avail of the bridge to let loans with bad credit scores.
What are the benefits of the bridge to let loans?
- This type of loan can be approved much faster than other loans
- Helps you secure a property before other investors jump in
- The applications for this are decided on the property value rather than payments or the buying price.