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Follow on Google News | Bridging Loans UK - Fast LoansUK Banks are not lending. The solution to short-term finance needs is a bridging loan, and Only Bridging Loans can help
By: 4 You Media Ltd Only Bridging Loans (http://www.onlybridgingloans.co.uk/) Why would you need a bridging loan? An example of when someone would need to utilise the facility of a bridging loan is when they are looking to relocate or buy a second property without first selling their current or main residence. The loan we provide would be a bridge between the purchase of the new house and the sale of the first house, allowing you to move without first having to sell your other property. Bridging loans are usually a short-term loan, for 6 to 24 months, to allow you to buy your new house and pay back the bridging loan once the old house has been sold. Commercial bridging loans are similar to those used for residential or personal loans, but are loaned against a commercial property purchase. Commercial bridging loans UK can be used to purchase assets, new stock or for the buy to let portfolio owner looking to purchase new properties to add to their portfolio. These short-term loans can be used to purchase a property in need of refurbishment before a normal mortgage is placed upon and applicable for the property. Visit us at http://www.onlybridgingloans.co.uk today for a FREE no obligation bridging loan quotation End
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