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| COMMERCIAL BRIDGING MORTGAGES |
Commercial bridging mortgages,
commercial bridging loans and
commercial bridging finance for almost any purpose.
Get a fast response from finance brokers specialising in
corporate bridging mortgages.
It is difficult coordinating the sale of one commercial property and the purchase of another commercial property in such a way that each transaction completes at the same time.
If you are facing such an issue, then a commercial bridging mortgage could be the answer to your problems.
A commercial bridging mortgage is a short-term loan used to provide funding for the purchase of a new property while the borrower awaits the sale of an existing property.
Applying for a commercial bridging mortgage is similar to applying for any other kind of loan, except that it is usually much faster to arrange.
Commercial bridging mortgages are usually interest only, rather than capital repayment. This means you only pay the interest on the loan each month. Once your existing commercial property is sold, then the proceeds from the sale are used to clear the original lump sum of the commercial bridging mortgage.
Commercial bridging mortgages typically run for a few months, rather than the 25 years or so which is common for conventional commercial mortgages.
Loan amounts for a commercial bridging mortgage typically range from £10,000 up to £5,000,000 and can run from one month up to three years.
A commercial bridging mortgage can be used for various things, such as:
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Purchase of Property or other Assets
- Land Acquisition
- Re-Finance and Consolidation (whether in arrears or not)
- Settling IVA / Bankruptcy
- Expansion of a Business
- Commercial Investment Property
- Property Development
- Short-term Funding Issues
In some cases, it is possible for a commercial bridging mortgage to be completed on the same day that your application is received, so long as a valuation can be carried out quickly and all the legal documents can be signed in time.
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We are licensed under the Consumer Credit Act 1974 to carry on the business of consumer credit, consumer brokerage,
debt adjusting and debt counselling, credit reference agency and canvassing off trade premises. Our Consumer Credit Licence Number is 587232.
Enquiries generated via this website are passed on to Financial Advisers, Mortgage Brokers, Licensed Credit Brokers and Lenders.
Divadani Finance and Divadani Loans are trading styles of Divadani Limited.
Company registration number 5256587. VAT registration number 877 4798 45.
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