Property Developer Bridging Finance
Lagoon Bridging Loans and Finance

Property Developer Bridging Loans will apply to borrowers who are wish to buy a residential property in order to renovate or refurbish it. The aim is not to occupy the property but to resell it as quickly as possible for a profit.

There are many situations where a Property Developer Bridging Loan can be beneficial in facilitating the completion of a property transaction which would otherwise be lost including:

• Chain Breaking - where a property purchase is jeopardised because your 'chain' has fallen through.
• Buying at Auction - where the purchase of the property has to be completed in much shorter timescales than standard mortgage lenders can cope with.
• Cash Buyer Opportunities - where you are able to acquire a property at a discount to the market value if completion can take place quickly.
• Refurbishment - where standard mortgage lenders withhold some or all of a mortgage whist essential refurbishment and repairs are completed.
• Rapid Capital Raising - where raising finance against against the security of your residential property can be provide urgebtly needed funds - e.g. for business purposes or a short term opportunity to purchase a second home or an overseas property.