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When considering investing in property for development, a bridging loan lender will be able to assist you by financing property that you can develop for sale in the future. When searching for a bridging loan, investors find it both easy and convenient with Ascot Bridging Finance. We aim to deliver funds quickly and efficiently so that no opportunities are ever missed.
As one of the best bridging finance companies in the UK, Ascot Bridging Loans is a name that you can trust when it comes to property development. With years of experience as one of the top bridging finance lenders, you can be sure that your investment will be well taken care of with us. We believe that bridging finance for development should be done right, so when you contact us you will always be our highest priority. Service coupled with expert knowledge of the finance industry makes us your best choice for bridging loan finance providers that you can work with for years to come.
As one of the leading bridging lenders in the UK, you can be sure that the service, price, and terms of your property bridging loan will be fair and reasonable and an affordable way to turn your dreams into a reality. Contact the expert team at Ascot today for a bridging loan quote and see just how easy it is to begin or expand your career in property development in the UK.
Ascot is provided with a summary of the deal, reasons for wanting a bridging loan, the security available and a clear repayment strategy.
Ascot will provide a set of Heads of Terms outlining the key details to which we are happy to lend and the next steps to proceed to the next stage.
Ascot receives a fully completed application form and supporting documents for underwriting review and full due diligence.
Ascot will instruct both a Surveyor to provide a valuation report and a solicitor to undertake the required legal due diligence.
An Asset Manager will visit the property and discuss with the borrower their plans for the project, experience, exit strategy and the contractors they intend to use.
Your underwriter will present the case to the credit committee team detailing the due diligence undertaken to date and their rationale for approval.
Legal work is satisfied, security documents are signed and returned with funds released to the solicitors for completion.
Contracts exchanged with monies sent to the seller. You are now the legal owner of the property.
As one of the best bridging finance companies in the UK, Ascot Bridging Loans is a name that you can trust when it comes to property development. With years of experience as one of the top bridging finance lenders, you can be sure that your investment will be well taken care of with us. We believe that bridging finance for development should be done right, so when you contact us you will always be our highest priority. Service coupled with expert knowledge of the finance industry makes us your best choice for bridging loan finance providers that you can work with for years to come.
As one of the leading bridging lenders in the UK, you can be sure that the service, price, and terms of your property bridging loan will be fair and reasonable and an affordable way to turn your dreams into a reality. Contact the expert team at Ascot today for a bridging loan quote and see just how easy it is to begin or expand your career in property development in the UK.
A bridging loan is a short-term loan used to –
Bridging loans provide quick access to funds and are typically secured against the property being purchased or another asset. They are intended to be repaid with a specified “exit strategy” which could be the sale of the property or another, refinance or realisation of other assets held.
The amount you can borrow usually depends on the value of the property being used as security, your financial situation, and the lender’s criteria. Lenders typically offer between 70% to 75% of the property value.
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