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NEW BRIDGE TO TERM PRODUCT

  • Writer: Restore Team
    Restore Team
  • Oct 2
  • 1 min read
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Another one of our lenders is now offering a bridge to term product!


This means you can now get:


Term: a 36 month facility (12 months of a bridge then 24 months of a term loan)

Loan Size: £25k - £300k

Valuation: no valuation is required when switching the bridge to a term loan

Arrangement Fee: no arrangement fee on the changeover

Interest Rate: 1% per month for the 12 month bridge then 0.875% per month for the following 24 months

Property Type: Residential or Semi-Commercial


This product is ideal if you need to purchase a property quickly utilising bridging finance but don’t want the hassle of in 9 - 12 months having to sort the refinance out which gives you more flexibility on whether you decide to sell the property or add it to your portfolio. Get In Touch

Tel:  01942 665305

 

 
 
 

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