Each week we help many clients who unfortunately find themselves in urgent need of funding to avoid property repossession orders or to pay creditors, ...
Mortgage 'Gap' Finance
A unique service for Home-movers
Apply for Mortgage 'Gap' Finance now! Mortgage 'gap' funding is an exclusive form of low cost, short term property bridging finance that allows a buyer to complete on their residential purchase even if their own house has not yet been sold or the sale has unexpectedly fallen through.
BRIDGING FINANCE AT MORTGAGE RATES !
Funds are made available at up to 80% of the value of your existing property with interest rates starting at just 6.5% per annum. The Mortgage GAP bridging loan is designed to allow the purchase of your new property to complete by supplementing any personal cash or mortgage offer you have for the new property and simultaneously paying off your current mortgage if you have one. The property being purchased can be in the UK or overseas, the property being sold and offered as security for the loan must be in the UK or Northern Ireland.
Security for the loan is taken by way of a first charge on your existing property, the Mortgage GAP facility is fully flexible and can be set up to be 'open ended' if a buyer has yet to be found for your property or 'closed' if you have a buyer. If you do not yet have a mortgage offer for your new home we can offer a range of very competitive products at market leading rates via our mortgage subsidiary. A simple 'one off' arrangement fee covers all valuation, administration and lenders legal fees associated with setting up the loan, there is no minimum or maximum loan term and no exit fees or early payment penalties. This is truly flexible and affordable bridging finance which can ensure you do not lose your desired property.
To find out more please complete the brief application form below and we will normally be able to give you a decision in principle the same working day, Mortgage GAP funds can be available in around 10 working days and if you also require a mortgage for your new property we would be pleased to organise this on your behalf also.