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Regulated bridging mortgages
We all know how frustrating a broken property chain can be for the buyer, the vendor and everyone else concerned, including the mortgage broker. Thanks to our highly flexible and responsive approach, at Shawbrook Bank we’re often able to help with a regulated bridging loan - just when you and your client need us most.
These products are widely used in the market with the primary purposes being to cater for ‘chain breaks’, and/or downsizing. We can support customers that don’t want to run the risk of losing a desired property because of an unforeseen delay in selling their existing property. Bridging finance is used to secure the new property, sell their existing property, and then pay down the finance with these funds. Simple.
Bridging finance benefits
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