As a mutual organisation run for the benefit of their customers the fair treatment of customers is at the heart of everything they do.
Market Harborough Building Society offer short-term loans that are both flexible and competitively priced. The bridging team concentrate on delivering a personal experience for every client with experienced underwriters rather than algorithm’s and computers making the decisions. Throughout the bridging journey there will always be an expert member of the team for customers to call directly, someone to help them achieve their property goals.
Personal quotes are issued with no obligation and loans are built to suit each client’s individual circumstances. In addition, products are regularly reviewed, as are levels of service and communication to ensure that standards never slip and that all customers are treated fairly at all stages of the loan process. Whether clients are downsizing, renovating, or even building a new home, a Market Harborough short- term bridging loan could be the ideal solution.
With all loans competitively priced and with no early repayment charges there is a strong onus on how precisely the loan will be repaid. Methods can include repaying the loan from investments, a maturing pension, or the sale of properties, including overseas real estate. Once the Market Harborough team have had a viable exit plan explained to them their daily credit committee can provide fast and reliable lending decisions. Loans can be provided on a regulated and unregulated basis and secured against a variety of properties including the main or a new home, a second home, buy-to-let’s or holiday let’s, houses with land, an annexe or a commercial element and even listed buildings. Capital can be raised for any legal purpose.
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.