Buying a new property always need good amount of investment. Sometime people have to sell their existing property to buy the new one. But as everybody know selling a property is not an easy job and is very much time consuming. By the time you get the sale proceeds, the property you thought of buying is taken by some other person. This is the problem with most of the buyers these days. Bridging loans can help you out by providing you funds when you need them.
As the name suggests bridging loans are loans that act as a bridge to fill the money gap between the time when your need for money arises and the sale of your existing property. Bridging loans are not confined to buying new property only. It can be used for any of your personal needs can be related to business needs or personal needs like buying new car, furniture, home improvement or any other requirement which cant wait too long.
Easy Bridging Loan is secured by your existing property which you are going to sell. This property include residential properties, commercial & semi-commercial properties, auction properties, development sites, buy to let properties, retail shops, land with planning permission...
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