Tag: bridging finance

Property Finance Partners talks Bridging Loans in a new post

Property Finance Partners talks Bridging Loans in a new post Bridging Loan Uncategorized  Lowest rates bridging loans bridging finance Bridge loans

Leading pan European property finance company, Property Finance Partners, offers solutions to getting the lowest bridging Loans in the market in a new post

Property Finance Partners has again reiterated its goal of providing innovative finance solutions for the property sector.

In its recent post where clients are educated on bridging loans and getting some of the lowest bridging Loans in the market.

Starting with as low as 0.43%. Property Finance Partners already made a name in the property finance industry as the go-to solutions provider for top-notch property finance solutions.

Bridging finance has become increasingly popular in recent times, more people realizing its immense benefits.

While bridging loan remains an amazing opportunity to the bridge gap between the cash flow needs and the actual situation, many people are yet to leverage its features.

This is where Property Finance Partners are looking to change the narrative by allowing even more people to enjoy the benefits of bridging finance.

In the article titled “Bridging Loan & Short term loans” –

https://www.propertyfinancepartners.com/bridging-loans/, Property Finance Partners give a short and concise description of bridging loan, providing a comprehensive guide on bridging loans.

The post also talks about the advantages of bridging loan. One of the biggest ones being the speed that the lender can obtain the finance.

In certain cases, a deal can be structured within hours if the right information is provided.

This consequently helps people in securing land considering the importance of speed and efficiency to the process.

Other areas covered in the post include Rates of Interest on Bridge Loans and the factors that determine the rates.

Property Finance Partners also talks about the different uses of bridging loans and how borrowers can take advantage of it in different situations.

In addition to Bridging Loan & Short term loans. Property Finance Partners offer other amazing property finance solutions.

This has made them one of the most sought-after results-orientated structured property finance companies in Europe with over 100 years of experience in the industry.

Services offered by the company include Senior Lending, J.V. Partnership, Stretch Senior Finance, Business Loans, and Development Finance.

More information about Property Finance Partners and the Bridging Loan services offered.

Can be found on their website. A video on Bridging Loans and the low rates offered by Property Finance Partners is also available on YouTube.

About Property Finance Partners

Property Finance Partners is a pan European results-orientated structured property finance company. They provide comprehensive real estate raising finance solutions.

For developers, experienced builders, institutional and corporate property owners, real estate investors, and landlords.

The company provides top-notch property finance solutions thanks to its professional team. Which blends in-depth local knowledge and finance industry driven insights as well as global expertise and experience.

Top Five Advantages of Bridge Loans for Real Estate Development

Top Five Advantages of Bridge Loans for Real Estate Development Bridging Loan Development Finance  short term finance fast loans bridging loans bridging finance

Buying, renovating, and then refinancing a property is one of the strategies that property developers generally use nowadays to profit from real estate.

However, this is also a strategy that relies greatly on your ability to think and act fast.

Unless you have unlimited funds to buy and refurbish a property yourself, the chances are high that you will have to find alternative property financing options.

You could get sponsors – but that is easier said than done. Most of the time, you are better off by taking matters into your own hands.

For those who are in the business of real estate development, bridge loans have proven to be quite a good solution.

The demand for them has increased by 39.8% over the past year, and the global interest seems to be growing.

Typically, these loans are used on the short term for financing the purchase of a property before another one is sold.

If you are wondering why a bridge loan is a great choice for your finance, here are a few advantages that come with them:

  1. They are very quick and convenient

When you are into the business of real estate development, you may often be found in need of quick financing for new development.

This is one of the main reasons why you have to consider bridging loans to develop the property.

With this kind of loan, you should be able to raise the capital that you need to buy a new property – particularly if you have to do it fast.

The funds are generally given much faster compared to other loans designed for property purchase (as in, mortgages). You can even get the option to raise all the needed capital through a bridge loan.

  1. They allow you to purchase any kind of real estate property

No matter if you want to refurbish a residential property or a commercial one, a bridging loan will allow you to do so.

Real estate developers use it to buy and develop residential establishments, commercial buildings, retail shops, apartments – and even lands.

If you go for a secured bridging loan, you will secure it against a property that is already owned by you.

If you are the owner of at least one piece of property that does not have any loans secured against it, then you may easily get your hands on a bridging loan.

  1. They are perfect for major property renovation

It takes quite a lot of money to renovate an entire house – a sum that you may not be able to get with an average personal or business loan.

Since most lenders will consider this to be a great risk, there is a chance that they will not give you the money that you seek.

This is why bridge loans can prove to be such a great alternative.

They can cover the renovation costs, and they can make an uninhabitable home look habitable again. At that point, you may refinance using a traditional loan.

  1. They are perfect on the short term

Mortgages can last up to 25 or 30 years – which can be quite troublesome if you want to maintain your real estate business going.

However, a bridging loan is generally given on the short term – from two weeks to 12 months at most.

It is also possible to arrange for longer periods if you are not convinced that you can sell an old property within a year.

You may go for closed or open types of bridging loans – which means that whether you want to stick to fixed payments or flexible ones, the choice is up to you.

As long as you are able to pay back the money that you borrowed, you will be given the ideal solution.

You may want to collaborate with companies such as Property Finance Partners since they have experts that can give you some good free advice. You can find them here: https://www.propertyfinancepartners.com/bridging-loans/

  1. There aren’t any penalties for early payment

How many times have you been penalised on other loans by simply paying off the loan early? With bridge loans, you can pay the loan in full the moment you have the money. Without having to wait until it reaches full term.

So, let’s say that you went for a 12-month loan – but by the 6th month, you have already gathered the funds to pay the rest of the loan in full.

Other loans might penalise you for it – but bridge loans will allow you to pay the money without putting extra taxes on you.

Plus, considering that interest is gathered only while the loan remains, early payment will also save you on the interest.

Bridge loans are a great opportunity to get financing when you are into real estate development. They are fast, they are convenient – and they don’t put as much pressure on you as other loans do. Just be certain that you work with the right lenders during this process.