Home bridging loans
A home bridging loan is suitable in the following situations:
- If you are buying your own home, but discover that your bank or other financier can't complete on time.
- If you have to buy a new home before you manage to sell your previous home.
- If you have completed the sale but are experiencing difficulties or delays in moving home.
- A very common time when you might need a home bridging loan is when a house-buying chain breaks down.
- If you have bought property in an auction it might prove difficult to arrange a mortgage at short notice. In such an instance, you will certainly need a home bridging loan.
- A company trying to release equity from its premises to meet an immediate cash shortfall should consider a home bridging loan as a short-term solution.
Netloans Ltd. is an appointed representative of Netcars Ltd. who are authorised and regulated by the Financial Services Authority and registered with the Finance Industry Standards Association.
Disclaimer: WARNING: THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. LOANS ARE SECURED ON YOUR HOME.