Whether you are funding a refurbishment or Completing on a buy to let purchase at short notice, for instance via an auction, bridiging finance can be used to deliver fast access to niche funding. Common forms are:
· Auction Bridging Finance
· Cash Release Bridging Finance
· Refinance Bridging Finance
· Refurbishment Bridging Finance
With lending terms deemed to be more flexible than conventional borrowing, bridging finance is often considered as an alternative when lending circumstances or needs are a little different.
However, to secure this fast and flexible form of finance, with often more complex procedures and possible tax implications, it is advisable that your solicitor or lawyer understands the process and the paperwork, and can work to the quick conveyancing schedule required by both the client and the lender.
It is also critical to check with your lender that your legal adviser is experienced with their requirements and is indeed on their selective panel. Here, working as a team of specialist consultants at Taylor Rose solicitors, we have access to number of Limited Company panels and are used to working with most major bridging finance lenders, acting for both borrower and lender.
Bridging Finance lenders |
Commercial Acceptances Shawbrook Together Money Other bridging finance lenders available – please ask |