What Happens if You Cannot Repay Your Bridging Loan?
If you cannot repay your bridging loan, you will likely incur late fees and penalties – and in severe cases the lender could take you to court, appoint liquidators or […]
If you cannot repay your bridging loan, you will likely incur late fees and penalties – and in severe cases the lender could take you to court, appoint liquidators or […]
Bridging loans offer a fast way to purchase properties by helping borrowers to become cash buyers. Rather than waiting a long time for a mortgage to be approved or for […]
The eligibility of a bridging loan is based on your own personal circumstances and also the property you wish to purchase, your plans for it and its potential growth value. […]
Bridging loans are a popular form of short term finance which are used in the UK to purchase a property under a tight deadline or bridge the gap between the […]
The main thing to consider when applying for a bridging loan is that you have a clear exit strategy before taking on such a debt. Bridging loans offer a fast […]
Bridging loans can be either regulated or unregulated, depending on the nature of the loan. Regulated activity is typically used to help homeowners move home and the regulation gives added […]
Bridging finance and development finance are both short term loans that are secured against property, but the main differential is that bridging is used to complete on property purchases in […]
Development finance is a type of structured finance designed to help with the development of a residential or commercial property or building up a property from a straight plot of […]
No, planning permission is not required for airspace development following the passing of a law in August 2020 by the UK government. Airspace development currently falls under permitted development. However, […]
Airspace permitted development rights give you the opportunity to build up to additional floors on existing buildings without the need for planning permission. For owners of residential and commercial properties, […]
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