Specialist legal advice for specialist transactions
If you’re in need of a short term loan to finance a conveyancing project, bridging could prove to be a valuable funding tools and we have the legal expertise to make it happen.
A bridging loan, or a short term secured loan as it is also known, is a method of financing the purchase or refinance of a property for a short period of time.
In other words this short term loan “bridges the gap” until the buyer is in a position to finance the purchase in a more typical manner (e.g. with a standard mortgage).
There are many situations where bridging could provide a suitable alternative:
By trusting Goldsmith Williams with your bridging, you’ll get:
Bridging loans should never been seen as a long term finance option because, as you may expect, it can be an expensive alternative. Goldsmith Williams advises anyone considering a bridging loan to be fully aware of the risks involved and to have a realistic exit strategy.
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