The Bridging Broker

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[vc_row][vc_column][vc_column_text]Wondering if getting a Bridging Loan will affect your credit score? That’s a great question and one we are here to answer right now. 

As a savvy property investor, you will probably already know that your credit score is calculated using a multitude of factors. This includes the number of recent applications on your credit file, if you have ever been rejected for a loan, previous mispayments, recent spending habits, the list goes on. 

This means the short answer is yes. But here’s what you might not know…

When it comes to Bridging Finance, lenders are typically less concerned with credit scores, compared with other mortgage products, and even if you have had recent applications declined, our team of experts may be able to help you mitigate the barriers, to go from decline to Decision in Agreement to deal done.

How you ask? We can help you protect your credit score as we know the lender criteria inside and out, so will only recommend the deals that are right for you and your financial history. This eliminates any unnecessary checks on your file. 

Also, all of our initial quotes will have zero impact on your credit rating and we can get you a Decision in Principle to confirm how much the lender is willing to lend to you before you proceed. Peace of mind all-round.

Now, are you ready for the really good news?

Getting the right Bridging Loan and paying it off within the agreed payment terms could actually improve your credit rating and future borrowing potential. Yup, you heard us correctly. By getting the right finance you need for your property, you won’t just save money right now but could actually increase your score, which could lead to even better interest rates in the future. The key is getting the right deal and our expert advice could give you just that.

And It doesn’t stop there. As things don’t always go to plan, we can also help with a Bridging Exit Strategy to ensure you can repay not only the loan but any interest and fees by the end of the agreement. Think of it as a financial contingency plan to avoid the nightmare of unnecessary fees or even property repossessions. 

So, if your property completion needs fast, hassle-free funding, a Bridging Loan could be the perfect answer and by calling us on 01517966493 you can supercharge not only your credit score but your future borrowing opportunities.[/vc_column_text][/vc_column][/vc_row]

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