Bridging Finance to Purchase Overseas Properties
Whatever the economic climate, emerging markets outside the UK, could be an ideal place to buy a bargain property. Bridging finance secured on property or land assets in the UK can be used to quickly purchase that perfect property in the sun.
Bridging loans can be used to supply the deposit, balance or even the full purchase price of the property and can be repaid using a more traditional form of finance or sale.
Use Our Bridging Finance to Purchase Overseas Properties
You have paid a large deposit for the purchase of a property abroad and are in danger of losing this as you have difficulties in raising the balance required to complete the purchase using finance from the chosen country. You do not have the time to arrange alternative local finance for the purchase property and do not wish to be tied in to a new mortgage on your UK property as an endowment policy is shortly maturing which would provide you with the required funds to immediately repay any new borrowings.
We could arrange a bridging loan secured on your UK property for a few months covering the time between the required purchase date and maturity of the endowment. At this time the bridge can be repaid.