Bridging loan finance - Case Studies

You may be looking for Short Term Bridging loan finance from a bridging loans company for so many different reasons. Rest assured that when dealing with Easy Bridging loans PLC, you are dealing direct with the principle lenders, not brokers, saving you any costly set up or arrangement fees, and receiving one of the most competitive rates of interest throughout the bridging loans industry.

Several recently completed quick loans in the bridging loans field are set out below providing a summary of various transactions in which we have been involved. Full identities and addresses have been hidden in accordance with data protection; all parties consented to be featured:

Residential bridging loans

'Mr & Mrs R' had agreed to purchase a property in Portugal to spend their retirement abroad. Their home in Devon had sufficient equity even taking into account the fact that they still had mortgage payments to make. We arranged a four-month short term loan to enable the property in Portugal to be purchased and allow their house to be sold under no pressure and with no rigid time scales.

Commercial bridging

'ABC Limited' of Scotland owned a substantial freehold building in Edinburgh (yes we do lend north of the border!!!) valued in excess of £500,000. The Directors of ABC needed to raise the amount of £350,000 in three days. Easy Bridging Loans PLC successfully completed the quick loan with one day to spare.

Auction bridging finance

Easy Bridging Loans PLC, are experts in the field of Property Auction finance. Our company advertises in many auction catalogues and has experienced staff present at the various property auctions up and down the country. A recent example of one of many quick loans recently concluded on an auction lot was a loan to 'Mr P' who had purchased a commercial property in Chatham for £575,000. His conventional lender was unable to provide the finance quickly for completion. 'Mr P' would have forfeited his deposit but we lent £400,000 in four days. Another relieved and satisfied borrower benefiting from a quick loan from Easy Bridging Loans Plc!!!

Adverse or bad credit bridging loans

our long established company prides itself on the fact that we have lent to many borrowers from an adverse credit history, which may include substantial mortgage arrears and CCJ's ( county court judgements ). We have even lent to borrowers who are in bankruptcy as was the case with 'Mr U.' We are personally liaised with his Trustee in bankruptcy and lodged with the courts sufficient funds to clear his Bankruptcy to get a quick loan. Proof that bridging loans can stop bankruptcy and help avoid repossession.

Impulse property purchases and bridging finance

Mr C had decided to purchase a property in Brighton without planning consent. We undertook a valuation and we were able to advance an initial sum of £350,000 in the form of secured bridging finance. Once planning consent was forthcoming, we further advanced £200,000 against an increased valuation ensuring a quick secured loan.

Second charge bridging loans

We specialise in providing Second Charge Loans, meaning that we can lend even if the borrower is still making mortgage or re-mortgage payments. 'Mr O' required our assistance for a quick loan and our expertise in providing second charge loans speedily. The borrower had built up substantial arrears with his mortgage company and they were seeking to repossess his property. We cleared his building society arrears, which allowed the borrower to market his property and realise the true value of his house without being repossessed. Avoiding repossession with bridging loans is a viable option.

What ever reason you are looking for short term secured loans or bridging finance, don't delay, give us a call or use our online application form today.