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A Client Needed A Cash Injection For Their Catering Business
We recently helped a client who needed a second charge bridging loan secured against their residential property. A 68% LTV second charge bridging loan was the order of the day.
SoMo Offers 68% LTV On Second Charge Bridging Loans
Short term finance has grown in popularity and can be used for varying purposes. Including...
How a Bridging Loan Helped One Buy to Let Customer
Claire was looking to add a Buy to Let to her property portfolio. She was struggling to secure funding that would allow her to complete within a tight deadline and against the open market value.
What Is Bridging Commonly Used For?
Bridging loans have risen in popularity since the financial crash 10 years ago, with banks tightening criteria …
The Bridging Finance Market Is On The Up
Bridging finance is now a £5bn market, and despite the current economic climate, it’s continued to grow year on year …
The Conventional Way Of Lending Is Outdated
With the rise of buy-to-let mortgages, small business, the self-employed, who don’t necessarily tick all boxes the high street ask of them, there was a need for more flexibility from lenders.