Simple Bridging added to the Bridging Loan Directory
By Bridging Loan Directory -
Simple Bridging Limited can provide short term funding for residential, commercial, semi commercial and unhabitable properties. Simple Bridging will take a first charge position over the property to a maximum of 65% of the Market Value and not the purchase price and can offer 100% funding if additional security is available.
Their highly experienced sales team combined with substantial availability of funds, means that they can underwrite, process and complete on your application within a matter of days.
There are no upfront processing fees, so Simple Bridging can begin processing your application upon receipt. They will not issue a Decision in Principle unless they are not absolutely certain that they can meet your clients’ requirements and timescales.
Bridging loans available for residential (BTL only) at 65% LTV of current 90 day value. Commercials 60% LTV of current 90 day value.
Minimum advance £50,000 – Max £2m Min Term: 1 month – Max 6 months
First Charges Only
Broker commission paid upon completion
Offers within 24 hours
Lending available in England, Scotland, Wales and Northern Ireland
Northern Ireland deals are restricted to a maximium of 50% LTV for both residential (BTL only) and Commercial
For more information please visit www.simplebridging.com
Online directory www.bridgingloandirectory.co.uk is aimed at IFAs, mortgage brokers and lenders that are serious about securing fast and effective solutions for bridging finance. The site offers a comprehensive list of key companies specialising in bridging loans for a multitude of purposes – so that intermediaries can select bespoke solutions for their customers.
The Bridging Loan Directory is a leading source of industry news and information for the intermediary market place.