Bridging Loan – Purposes

Bridging Loans (secured on Property) can assist with:

  • Buying/Securing a property before selling existing property
  • Downsizing and releasing equity:-
    • Move to smaller, more manageable home/live nearer family
    • Releasing funds for long term financial security/pension planning
    • Helping Children to buy their first home
    • Helping Children/Grandchildren with School or University costs
    • Residential Care – Immediate Care
    • Long term Nursing Home/Dementia Care – Immediate Care/Needs Annuity
    • Move to Sheltered Accommodation
    • Purchase of a new home pending completion of Equity Release Scheme
  • Purchase of Freehold/Extending Lease
  • Property improvement/refurbishment
  • Building a new home
  • Purchase of Investment property
  • Inheritance Tax
  • Divorce
  • Payment of Income tax/Corporation tax
  • Repayment of Directors and Related Party Loans
  • Pension planning
  • Investment opportunities
  • Maintaining investment portfolio
  • Establishing a new Company/Business
  • Buy Out of Business partners or Delinquent Directors
  • Working Capital
  • Business Acquisition