Bridgingloans.co.uk Reports Huge Growth in Annual Loan Completion Volumes
Bridging Loan Applications and Completions Spike Year on Year, Illustrating Britain’s Growing Economic Confidence
LEICESTER, England - Sept. 5, 2014 - PRLog -- Bridging loan completions across the UK have grown an incredible 32% over the past year, cementing the nation’s growing confidence in the economy. According to Bridgingloans.co.uk, the government’s Help to Buy program has been overshadowed by the simple and sensible financial products and services being offered by responsible lenders.
The increase in bridging loan applications serves as evidence that businesses and property owners across the UK are enjoying a new sense of confidence when it comes to making investments and important financial decisions. And with such acceleration only likely to continue going forward, Bridgingloans.co.uk is thrilled to see Britain as a whole once again putting its faith in the economy.
No Missed Opportunities
“Developers & investors have been using bridging loans for many years to take advantage of market conditions or undervalued investment opportunities. Being able to purchase a property quickly offers numerous advantages to the purchaser such as negotiating the best price and beating competitors to the deal.” - Bridgingloans.co.uk
According to Bridgingloans.co.uk, the primary benefit of the financial products they offer is never having to miss out on what could prove to be a golden opportunity. There are so many times in business and in domestic property sales alike when a time-critical deal falls through simply because the temporary funds needed to bridge any given gap cannot be sourced.
Bridging Loans websites provide borrowers with the finances they need in the fastest possible time and with a minimum of red tape. If a deal needs to be closed sooner rather than later, short-term bridging loans represent the ideal solution and can be remarkably simple to arrange. Our bridging loan rates are very competitive and start from 0.65% monthly.
Time Critical Deals
“We pride ourselves on the speed of our transactions. We will normally call you within hours of an emailed application and supply a written agreement shortly afterwards. If you call our office, this process will be even quicker. If you decide to progress with the application we can instruct the valuation and legal team immediately while the paperwork is being processed, thus saving valuable time.” - Bridgingloans.co.uk
Mortgages and conventional loans are great when time isn’t a factor, but when you don’t have weeks on end to play with, you’re out of luck. From refurbishing a workplace prior to a sale right through to putting an offer on a new home before and existing property has been sold, bridging loans are uniquely able to help out with time critical deals.
Sometimes viewed with controversy, the way in which application and completion volumes have skyrocketed over the past year serves as indisputable evidence that bridging loans are both important to and trusted by UK borrowers.
Bridgingloans.co.uk is a leading UK finance broker & principle bridging loan funder with a unique commitment to transparency and customer service excellence. Bridging loans are offered on the back of comprehensive and digestible information to ensure rational and beneficial decision making across both domestic and professional circles alike. The team takes great pride in pioneering innovative new services to meet the short-term financial needs of UK borrowers from all walks of life. For more information or to get in touch, check out http://www.bridgingloans.co.uk
0800 169 1589
Page Updated Last on: Sep 05, 2014