Bridge Loans Contact DetailsInterim loans Contact details
Some of these are already prefilled with the initial information you gave us when you made your decision in the main phase. As soon as this is arranged and mutually approved, your Second Charge Bridge Term Loan becomes final.
Jointly | Personal bridging loans
Together offers a default private bridge credit to help you buy your new home while you are still reselling your current one. Once your house is for sale, you just repay the bridge credit. We' ll be considering individual bridge loans for you: Your own bridge credit gives you the power to buy your new home quickly, even if there is a pause or lag in the supply line.
It is not necessary to make payments each month as the interest is paid for the duration of the credit. Nor do we beat you with prepayment penalties or exiting levies if you want to repay your bridge credit early. An interim credit of 150,000 to be repaid after 12 month at a 5.88% interest fix interest level would involve a one-off payout of principal plus interest accumulated of 163,983 pounds.
Forty-seven inclusive. Section 47, comprising the amount of the principal plus interest on the principal (£9,061,62), handling charge (£1,500,00) and handling charge (£3,000,00) and interest on these charges (£271,85) and the repurchase management charge (£150,00). If you are applying for a standardised face-to-face bridge credit from us, one of our highly trained consultants will lead you through every stage of the process:
We will ensure that we fully comprehend your situation before we recommend a proper bridge to you. When you are satisfied, you will get a "mortgage illustration" with all details regarding the products you are interested in. You will be guided through the entire recruitment procedure by our consultants. Once we have everything we need, we will review your job interview and support information.
In this case, we will make you a credit proposal, i.e. we have approved your credit proposal. They will tell you what happens at each phase and, most of all, if you want to contact them, you have their contact details. You can repossess your home if you do not maintain the repayment of your mortgage.