Why choose Bridging Finance from Beagle?
The rapid nature of bridging finance ensures you get the finance required in the shortest possible time. Where other products are unsuitable Bridging products come into their own, giving you the options needed to achieve your goals.
When purchasing a new home sometimes you can’t wait for the sale of your current property. Don’t let your dream home slip away because of delays or chain breaks, speak to our specialist team.
If you have found an opportunity and are looking to purchase an unmortgageable property, improve a property, change it’s use or develop the property, then bridging will most likely be the finance option to do this.
If you need to borrow against a property you are planning on selling or that is on the market already a Bridging loan may be the right option. Unlock the funds quicker than the sale or realise the property’s potential by extending the lease or doing improvements to increase the value.
If you borrow £10,000 over 10 years at an Annual Interest Rate of 5.14% (variable) you would make 120 payments of £122.71 per month. The total amount repayable will be £14725.20 (This includes a lender fee of £495 and a broker fee of £1000 which have been added to the loan.) The overall cost for comparison is 8.6% APRC representative. Maximum APR 65.2%.
Secured Loans from £10,000 to £1,000,000 and from 36 months to 360 Months.
If you are new to finance and maybe you have a few questions, we want you to know that we are here to help with any aspect.
If you would rather talk to our team first we are ready to help you on…
