Bridging loans and finance in Newcastle from One 77 Mortgages
Bridging finance (or a bridging loan as it is more commonly known) is a form of short term finance used by property owners, investors and developers when speed is of the essence.
At One 77 we work with the UK’s premier specialist lenders in order to secure the most competitive rates on the market for our customers in Newcastle and the surrounding areas.
Our Specialist Lending Department have a wealth of experience in securing loans against many types of residential and commercial properties in the area in addition to development plots, land and other assets.
Common examples include:
- A homeowner wishing to purchase a new property ahead of the sale of their existing property
- A property investor wishing to buy a property in need of heavy refurbishment prior to selling on at profit
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