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Bridging Finance

If you're in chain and may not be able to make a simultaneous completion on both properties there are a number of options available to you, one of which is bridging finance or a bridging loan. A bridging loan is a short term loan which provides funds to complete the purchase on the new property prior to the existing property sale completing.

Bridging finance is normally charged on a monthly basis and can proove expensive if the sale of the existing property is delayed. There are however alternatives to bridging fiance which proove much cheaper. Get in touch and find out more.

 

Areas covered include: Wetherby, Tadcaster, Boston Spa, Collingham, Kirk Deighton, Leeds, Harrogate, York...

 

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