Bridging Loans from Nationwide

Nationwide Bridging Loans can be a great source of short-term finance if you are looking to purchase a property to live in or renovate. Bridging Loans from Nationwide are secured against your property, and the amount you will be able to borrow will depend on your property’s value.

Bridging Loans can be a great source of quick, short-term finance for a wide variety of situations due to:

• LTV Ratio up to 100% provided extra security available
• Borrow from £50,000 to £25 million.
• Fast turnaround
• Reduced arrangement fees and Interest rates

Bridging Loans are usually available for any type of property, residential or commercial, and they can be a great option if other, traditional finance options are either unavailable or unsuitable. Bridge Financing can also be available for businesses that are looking to borrow for a variety of reasons, including:

• to pay a large tax bill
• to purchase a commercial property at auction
• to help with short-term cash flow

Nationwide typically offers loans amounts of up to 85% of the value of the property used as security, and this type of borrowing may be suitable for individuals or companies looking to borrow a large amount of money.

Last update: 17th December 2018 @12:25