Tag Archives: bridging finance

Bridging Finance – An Introduction

The term “bridging finance” is frequently misused including by many in the industry, not least brokers who only arrange it very occasionally. It would be more readily understood and hold fewer fears for both client and broker if the term changed to “short term finance”. This term is more self-explanatory and truly reveals all the [read more]

Renovation Mortgage: Refurbishment of an unlettable property in Scotland

Bridging finance

Renovation Mortgage Case Study Ben’s Case. We were contacted by an inexperienced developer, that was looking for some finance to purchase an unlettable, renovation property in the Argyll and Bute area of Scotland. The property was a large 9 bed detached property. The purchase price was £600,000 A local NHBC registered builder had already provided [read more]

Bridge To Let

Calculators

Bridge To Let In an article that we posted last month, entitled “Refurbishment Finance” the narrative mentioned the recent Buy-To-Let tax changes which are negatively affecting landlords. The changes were announced in the budget of 2015 and implemented through an instrument in UK Tax Law called “Section 24”. The changes have been sensationalised in the [read more]