How is it possible to purchase property bargains from property auctions without paying cash? Auction house purchases require a 10% deposit to be paid when the hammer falls with completion to be within 28 days. If this does not happen you could lose your deposit. (more…)
Archive for the ‘Help & Guides’ Category
How to Purchase Properties At Auction Without Committing All Your Own Capital
Wednesday, April 27th, 2011What is a Bridging Loan?
Sunday, July 4th, 2010A bridging loan offers financial assistance that literally covers a cash shortfall. This enables you to move from point A to point B by bridging the financial gap. If you have ever found yourself in a situation where you have an asset but you need new additional financing to fund your next business venture or private requirements, a bridging loan is the perfect product for you. (more…)
The UK Bridging Loan Market Free Guide On How to Apply For Bridging Finance
Sunday, May 30th, 2010YOUR simple guide to help YOU on your way to understanding bridging finance.
As you will no doubt know by now bridging loans are short term loans, usual between 1 and 12 months secured against residential or commercial property on a first or second charge basis. Commonly Bridging Loans are offered with no credit checks or requirement to prove affordability. This makes them a very attractive vehicle to secure short term funding. (more…)
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