Every funding application is considered on its own merits and if the deal makes sense the decision makers will always look to lend.
Established in 2017, Grosvenor offer fast and flexible bridging loans with high levels of service and a guarantee that clients will always deal directly with a decision maker. Every single loan is tailored to meet the borrowers needs and decisions are made quickly and without fuss. Not only this but loans are also available throughout all parts of England, Wales and indeed Scotland.
The team at Grosvenor believe that speed is more important than ever in the current climate which is why they look make offers in just hours and why many of their deals go from enquiry to completion in just a matter of days. To facilitate these rapid turnarounds, Grosvenor look to work with the best professional partners and take full advantage of new technology such as Zoom calls and meetings with their partners, be they lawyers, surveyors, or others.
As well as speed, Grosvenor believe that consistency of decision making is also of key importance arguing that flexible lenders who stick to the initial agreement and don’t move the goalposts will ultimately see this reflected in increased business levels. With a strong reputation for stepping in to rescue clients who are in danger of missing their completion deadlines, it is not hard to see why Grosvenor attract high levels of repeat and referral business. Saving clients from losing a substantial cash deposit that looks all but lost tends to induce significant respect and loyalty from borrowers and brokers alike!
A bridging loan is a short-term loan secured against property. It allows you or your business to “bridge a gap” until either longer-term finance can be arranged, or the underlying security or other assets can be sold.
Bridging loans can be used for a wide variety of purposes. Perhaps the most common purpose is to allow you to buy a new home or business premises before you have sold your existing property. They can also be used by investors to buy property at auction, landlords to acquire buy-to-lets, developers to acquire and renovate properties and businesses to raise working capital. There are a myriad of different uses and Bridging.com can help to find the best loan for you.
Loans generally range from £10,000 to £50M with smaller or larger amounts provided on an exceptional basis. The value and equity within the property or properties you are securing against will determine how much you can borrow. The maximum loan to value (LTV) currently offered by most lenders ranges between 65-80%
Bridging.com can help you secure a bridging loan tailored to your own unique circumstances in a matter of days. We can guide you through the entire process from initial enquiry to funds being released in the shortest possible timeframe.