What is a bridge loan?
A bridge loan is often a short term loan, taken out by an individual or borrower in order to finance the purchase of a new property. This is taken out against their current property and is often for a period of between 6 and 12 months. If you require a bridging loan in order to finance a new property before your current one is sold, please get in touch with us here at Nu-Era Financial Services Ltd.
Popular in real estate markets
All bridging loans have a high rate of interest, but are sometimes the only viable option if you wish to purchase a new property before the sale of your existing one goes through. These tend to be aimed at landlords and property developers, but can also be accessed by typical buyers also.
Find out more
Nu-Era Financial Services Ltd have a wealth of experience in the financial market, in particular dealing with bridging loans. If you do require more information, our friendly team will be more than happy to assist. Give us a call today to find out more.
Find out more
Nu-Era Financial Services Ltd have a wealth of experience in the financial market, in particular dealing with bridging loans. If you do require more information, our friendly team will be more than happy to assist. Give us a call today to find out more.
ii.Some forms of Bridging Loan are not regulated by the Financial Conduct Authority.
Nu-Era Financial Services Ltd, Southsea, have a wealth of experience in dealing with bridging loans for properties in and around Portsmouth.
Andy: 07956 458 253
Annie: 07904 517 669