Bridging loans are short term property backed loans generally used to bridge a gap or provide funding while waiting for another event to happen.
There are many reasons why a bridging loan might be the right solution for you. If you are looking to buy a property quickly, purchase an unmortgageable property or perhaps put your hand up at the next property auction, Dovecote Property Finance can arrange fast and flexible bridging finance to help you get the funding you need.
First charge bridging loans are the most popular where the lender takes a first charge over the property until the loan has been repaid - either from the sale of the property or by refinancing onto a longer-term mortgage.
If the property already has a mortgage on it and plenty of equity, you may want to consider a Second Charge bridging loan. Popular for those looking to improve properties quickly before remortgaging against an improved property value.
Whatever your requirements, we have access to the lowest bridging rates on the market and can move quickly to secure the right finance for you.
If you're purchasing a property at auction and you are not a cash buyer then you will need fast bridging finance. We are here to help!
Dovecote Property Finance specialise in arranging quick and low-cost auction finance to ensure that you complete within the 28 days from when the hammer goes down!
As independent and experienced brokers we will:
If you're buying a property at auction and need finance fast call 07764807803 or Make an Enquiry
Put simply, a closed bridging loan is where there is certainty around when the loan will be repaid, for example where repayment is coming from the sale of another property, where contracts have been exchanged and a completion date agreed.
An open bridging loan is where the timing of the exit is less certain. Perhaps the sale of the subject property is your exit strategy, but you haven't yet found a buyer.
Whether it closed or open bridging finance that you require then we can help! At Dovecote Property Finance we specialise in arranging fast and flexible bridging finance; so, if you are looking to buy a property quickly, purchase an unmortgageable property or perhaps put your hand up at the next property auction, Dovecote Property Finance can arrange the finance you need to make you property plans a reality.
For expert advice on all types of bridging finance, call 07764807803 or Make an Enquiry.
If you are a property developer needing finance to complete a development or need more time to sell the units then we can help!
If you need help refinancing your current development loan. we can source Developer Exit Finance for you. Are you unhappy with your current borrowing terms? Are you under pressure from your existing lender but need more time to sell the properties? Do you need to release equity from the site to get on with the next project?
If so, we are on hand to help. With expert advice and access to the whole market we can help you make the most out of your property investment.
For expert advice on Developer Exit Finance call 07764807803 or Make an Enquiry
Whether you are a first-time developer or an experienced house builder, we can source the right finance package for you.
With over 20 years’ experience and strong relationships with many of the key development funders, we can arrange fast and flexible short-term finance regardless how large or small the project.
We will:
To find out how we can help with the financing of your project call 07764807803 or Make an Enquiry.
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