New Product Available - 80% Second Charge Bridging Loans
In these uncertain times, we’re happy to announce that one of our panel lenders has a new product designed to give our clients an injection of capital. The details:
The Second Charge Bridge up to £1m.
Product: Second Charge Bridge.
Borrower: Trading Business.
Term: 24 Months.
Security: Residential and Buy to Let Properties up to £1m.
Valuation Required: Yes unless one is available to re-address.
Lending Value: 80% of Market Value less Prior Charge.
Lending Size: 75% -