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Bridging
Finance

Short-term finance options to bridge the gap between your property transactions for seamless funding. Buying, selling or refinancing, bridging finance offers you the freedom to manoeuvre without constraints.

A bridging loan is a short-term mortgage secured against a property to raise finance quickly and flexibly. Usually used for property and business related transactions, you can pretty much use a bridging loan for almost any purpose providing you can provide a property as security and have a method of paying back the loan. The loan is usually held anywhere between a few weeks up to 24 months. 

 

Bridging loans are versatile and the interest can be paid in different ways. Some lenders allow the interest to be ‘rolled’ or ‘retained’ into the loan and repaid with the whole loan at the end of the term, others can allow the interest to be paid on a monthly basis. As your personal broker, I’ll access the whole of the market to give you more choice, focus on getting you the right deal and manage it all from start to finish.

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No fee is payable for mortgages with a value above £300,000.

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A fee of £249 is payable on application for mortgages with a value between £200,000 and £300,000.

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A fee of £495 is payable on application for mortgages with a value below £200,000.

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Your home may be repossessed if you do not keep up repayments on your mortgage.

 

Some buy to let and investment mortgages are not regulated by the Financial Conduct Authority.​

Terms of Business

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Making a Complaint

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Mortgages by Umair is a trading style of UMARI Finance Group Limited which is authorised and regulated by the Financial Conduct Authority and is entered on the FCA register (www.fca.org.uk) under reference 994960. Registered office: 124 City Road, London, EC1V 2NX. Registered in England and Wales Number: 14439156.

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