Bridging Loans
Bridging finance enquiries may not occur every day, but when they do, they can be very lucrative, and you have the facility to provide an invaluable service to your clients.
The Bridging Loan market is estimated at £2.5 billion and growing at an estimated 25% per year, which means there are significant opportunities for intermediaries.
To support you with any Bridging Loan enquiries we have teamed up with two leading providers of bridging finance in the UK.
- Simple online registration process
- Choose from paper or electronic submission routes
- Online decision in principle and application or download form for offline use
- Produce a compliant KFI for regulated mortgage contracts
- Broker tools including our broker training presentation
- Minimum term from 1-12 months
- Minimum loan £30,000 no maximum
- Up to 80%
- First charge rates from 1.35% per month and second charge rates from 1.75% per month
- Not available in Northern Ireland
We will pay you up to 1% commission a week after completion
- Simple paper application process
- Direct access to Bridging Loan team ~ offering a "One Stop Shop"
- No cross sell guarantee
- No early repayment charges
- Estate agency particulars accepted in lieu of a valuation
- No minimum term – reviewed after 6 months
- No minimum or maximum loan amount
- Up to 80% LTV
- First charge and second charge rates from BOE +1.75%
We will pay you 0.75% 2 weeks after completion
Contact our Sales & Development Team on 01932 875875 to find out more or email info@network-data.co.uk
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