Non Status Bridging
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What is Non Status Bridging?
Non Status Bridging Loans are a specialist type of finance used for property developers. When they are residential bridging loans, which apply to developers who are looking to purchase a non-commercial property or looking to release equity on a property that they already own.
These type of loans are offered to borrowers who have a poor credit history. They will be looked as a higher level of risk to the lender, with the interest rate offered reflecting this level of risk.
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