Short Lease Bridging Loans
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What are Short Lease Bridging Loans?
Short Lease Bridging Loans are to help a buyer purchase a property which cannot be mortgaged, because the lease terms is around 75 years or less.
This type of loan is used to extend the leasehold of a property, and will often cover both the purchase of the property itself and the cost of renewing the leasehold.
The buyer can then complete the lease extension process and seek a mainstream mortgage to repay the bridging loan. Which will also increase the value of the property dramatically overnight.
Find out how our panel of Specialist Finance Brokers can assist to find the right deal for you.
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