With our wealth of market experience Charnock Hughes understand the crucial importance of bridging finance and often its time related pressures. A Bridging Loan is the term used to describe a short-term finance and usually used to secure a deal on a property whilst other factors are put in place to secure the purchase or the conversion into a long-term finance solution.
Advisors are able to provide competitive market rates for bridging loans and secure the transaction on behalf of their clients often under extreme or complicated circumstances that require a fast response and smooth transaction.
There will be a fee for mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be 1% of the loan i.e. £1000 on a £100,000 mortgage. This fee will not be charged if you are referred to our specialist partner Arc & Co. for advice on bridging finance. Neither Charnock Hughes Ltd nor Primis Mortgage Network is responsible for advice provided by Arc & Co.
Your property may be repossessed if you do not keep up repayments on your mortgage.