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The bridging loan market has become increasingly competitive over the past 5 years. There have been many entrants into this market and this has driven lending rates to an all time low. Bridging loans UK is one of the most advanced pending markets in the world with over 100 different lenders focusing on a wide range of asset types.
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Commercial Mortgage Broker For Bridging Loans Call:- +44 2074594440
The bridging loan market has become increasingly competitive over the past 5 years. There have been many entrants into this market and this has driven lending rates to an all time low. Bridging loans UK is one of the most advanced pending markets in the world with over 100 different lenders focusing on a wide range of asset types. Bridging can be used for various purposes, such as purchasing, selling or releasing equity.
As one of the UKs biggest commercial mortgage brokers SIlver Oak Capital has access to over all of the biggest bridging lenders in the market. We also arrange bridging loans outside the UK in countries like France, Spain, Italy, Switzerland, Portugal and Germany. The bridging loan London market is dominated but a select few large debt funds backed by institutional money which mean they look to lend in large volumes due to their high annual targets.
Bridging finance was traditionally taken to help with purchasing a new residential property - where one needed the money sooner to complete on the new purchase whilst waiting for the old property to sell. It has evolved into being used for many different purposes including raising cash on a property to refurbish or redevelop.
It has been used on new development projects following completion of construction to refinance any current debt and allow more time to sell any units. It is important to distinguish between regulated and unregulated bridging loans. A regulated bridging loan is finance that is secured on your place of primary residence, or home. Most other bridging loans are classified as unregulated. As we have funded short term finance on various other assets such as art, classic cars, jewelry, yachts and aircraft.
Contact US For More Details, Visit https://www.silveroakcapital.co.uk/ Call:- +44 2074594440