B A Finance & Mortgage Co. are able to arrange and advise on other forms of finance including bridging loans and secured loans.
Bridging loans can be arranged on commercial, semi-commercial and residential properties (where it is not your primary residence), against either a first or second charge. Funds can be raised for any purpose and generally funding can be obtained within seven working days. Funding of up to 70% of the market value of the property can be obtained (Up to 100% with additional security).
Secured loans can be arranged against a second charge on residential (where it is not your primary residence) or commercial properties. This option may be preferable if funds are required to be raised against a property and there are redemption penalties payable, making a re-mortgage unattractive.
B A Finance & Mortgage Co. is a correspondent lender. This means that we can make in house decisions on behalf of the lender to get the funding approved.
Whether you are buying a property from an auction or a contract race, quick short term funding may be the only option.
"Bridging Finance can be a complicated affair. B A Finance & Mortgage Co. has an ethos of absolute transparency - something all of our bridging clients appreciate. We aren't happy unless we'd take the deal ourselves!"