Bridging Finance for Buy-to-Lets growing

2015 has seen a marked increase in the use of bridging finance for investors in the buy-to-let market. Here at Fastest Bridging our advisers are reporting a high volume of enquiries for this type of financing.

We only advise the use of bridging finance when traditional methods fail, but clients are expressing a wish to complete as quickly as possible due to a shrinking market. The number of properties for sale is reducing all the time and investors want speed so they do not miss out on the property they have secured.

Landlords increasing their portfolios are using bridging finance more and more as they see it as a way to secure properties at a reduced price. Also they see it as a stop gap, buying them time to negotiate a far better mortgage deal as rates are reducing all the time.

When to take advantage of bridging?

-        Transactions with very tight deadlines

-        Auction purchases

-        Property in poor condition

-        Speed is an absolute priority

-        Buying a property undervalue

Bridging finance isn’t the cheapest, however, if it secures you an advantageous deal it can seem very cheap in the long run.

What to do next?

If you are new or an existing bridging client and would like to know more please do call one of our expert advisers. We at Fastest Bridging pride ourselves on delivering what the client needs.