Often, borrowers wanting to buy-to-let are frustrated by long-term lenders’ requirements. Using our bridging loans, they can complete purchases quickly, install tenants, and refinance at leisure.
Our bridging loans mean investors can buy derelict, unmortgageable properties, which they can refurbish before letting and securing long-term finance. Property values invariably increase once work is complete, so investors can maximise the amount of long-term funding available. This often means investors can reclaim their original capital investment, and use it to buy another property. Please note, many long-term lenders require you to own a property for at least six months before they will lend. The example below, demonstrates how a bridging facility can assist in this instance.
