Bridging Finance

If you have a need for short-term finance, with speed a priority, then Bridging Finance could be the answer. Bridging Finance (either commercial or residential) may be required to complete on a property deal, or as a short-term injection of cash. Whether for business, or for personal purposes, whatever the reason, we aim to source you the money, on time - at very competitive rates.

So what is Bridging Finance?

Bridging finance is the term used to describe interest only, short term funding (usually, but not exclusively, up to 12 months) secured on land, or property.

Speed is usually critical as bridging facilities are often required to resolve a temporary cash flow problem, or to meet tight deadlines and we are able to provide a prompt and reliable, professional service.

So what is Bridging Finance used for?
Bridging finance can be used for any purpose, however, here are just some of the typical uses.

  • Chain breaking mortgage
  • Property Development
  • Buying at auction
  • Capital raising
  • Buying property abroad
  • Cash injection into business
  • Cash release to homeowners facing repossession Cash release to pay tax demand

Your property may be repossessed if you do not keep up repayments on your bridging loan.

For bridging loans we can be paid by commission, or fee.

Westhill Financial Services is a trading name of Westhill Insurance Services and is authorised and regulated by the Financial Services Authority and is entered on the FSA register (www.fsa.gov.uk/register/) under reference 145359.

The FSA do not regulate some forms of mortgages.

 

 

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