Bridging finance

Easy bridging loans

Bridging finance made simple by EBL PLC. When searching for short term loans of either a commercial or home owner nature, you need to find a principle that understands and recognises that many individuals and companies require short term finance for a variety of reasons. These short term loans are generally referred to as "bridging loans" and can be used for a multitude or purposes.

We've detailed several typical situations where bridging loans may be required or used:

1. Private individuals, couples and families purchasing their own domestic home either as a first time buyer or as a seasoned home buyer and their banks or building societies are unable to complete their mortgage or remortgage on time. Easy Bridging Loans plc has completed a domestic purchase in 27 hours!!!! Providing a quick loan.
2. Sole traders purchasing residential property, other than for their own occupation, such as an investment or development opportunity or as a buy to let property.
3. Home owners simply seeking capital rose on their own house or indeed any other acceptable residential property or commercial property that they own, pay a mortgage or remortgage on or are purchasing.
4. Individuals purchasing a residential property or commercial property at an auction, whereby their banks or building societies are unable to lend until such time as the property is in a mortgage able condition. Easy Bridging Loans Plc lends on value no matter what condition the property is in.
5. Private, Limited and PLC companies seeking to raise money on their business or commercial premises. Here bridging finance is particularly convenient to counteract a short-term cash flow problem bearing in mind that Easy Bridging Loans Plc can complete loans, even to companies, in less than 48 hours. Providers of quick loans.

Why do Easy Bridging Loans Plc stand out from other companies offering bridging loans?

EBL Plc lends to individuals, sole traders, private and public companies even if they have an existing mortgage or remortgage. This form of lending is generally referred to as "Second Charge Bridging Loans".

There no set up fees or brokers charges to pay when dealing directly with the principle lender of short term loans and bridging finance.

Consider this scenario:

The Challenge: Our client Mr A owned his house valued at £250,000. He had a current repayment mortgage with his building society of £78,000. Mr A wished to purchase a residential property as a buy to let investment; the asking price was £250,000. He needed to complete the transaction of a quick loan in less than 4 days.

The Solution: We were able to lend Mr A £250,000 as a property loan, which was equivalent to one hundred per cent of the buy to let investment property purchase price. We were also able to arrange the one hundred percent funding package by simply and quickly registering a second charge on Mr A's existing residential property and registering a first charge on his new buy to let investment property. This entire transaction was completed in less than seventy two hours from the time Mr A first telephoned us regarding for a quick bridging finance.

Easy Bridging Loans PLC cover all areas of the UK for a quick loan.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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