Bridging Loans are short term loans which can be arranged quickly and effortlessly. They can be secured on residential properties, commercial properties, and on plots of land.
Bridging loans in Barnstaple and anywhere else in North Devon can be used for any purpose, but are traditionally seen as a way of securing a property purchase whilst your current property is sold.
Your bridging loan can be completed with the funds in your bank account within 7 to 10 working days. We can arrange loans from £10,000 – £2,000,000 over terms of 3 months to 1 year. Typically, loans are arranged over 6-12 months and rates start at 1% per month.
If you would like any more information on any of the loan services we provide then please get in contact with us.
Please feel free to contact us with your query and we will be able to advise you of your options.