Bridging Finance Solutions You Can Rely On

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For some borrowers, the duration and terms of a long-term financial solution may be unfeasible and overwhelming given their current situation. When individuals are looking for short-term, flexible funding, bridging finance may be the answer.

This type of financing can be arranged quickly and does not have the demanding requirements associated with more traditional financing forms. Bridging finance is essentially a very short-term mortgage that can help bridge financial gaps.

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Enquire About Bridging Finance Today

Bridging Finance for Quick Property Purchase

In recent years, investors and developers have been utilising bridging finance to help quickly complete transactions. Since bridging loans can be arranged and dispersed quickly, this type of financial support allows clients to be considered “cash buyers,” offering them more opportunities and better deals than traditional buyers.

Jubilee can arrange financing in as short a period as seven business days, meaning borrowers can take advantage of quick sales, repossessions, and distressed sales, as well as assets or equipment from vendors. The terms for this type of financing can vary from one day up to six months, allowing clients more flexibility with purchases and repayments.

For Refurbishment

We are well-versed in arranging financing for properties that need refurbishment or repair before they can be refinanced. Lenders who specialise in long-term, traditional financing often use 100 per cent retention for mortgages on properties that require extensive renovations, including updating bathrooms, kitchens, and other important repairs.

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Many professional developers complete several of these refurbishments a year to build their portfolio—Jubilee can assist with any and all of these transactions. Additionally, the quick disbursement of these funds allows borrowers a unique opportunity to secure better deals and deeper discounts when purchasing and renovating properties.

For Auction Purchases

The key to buying property at auction is having confidence that funding for the purchase is available when needed. We assist clients in these situations by providing pre-arranged Decisions in Principle both before and during an auction.

Traditionally, a percentage of the purchase must be paid the day of the auction, and the remaining balance must be paid within four weeks of closing. Jubilee can assist auction-goers in organizing these transactions, giving them more time to find long-term financing to help fund their renovation or conversion projects down the line.

For Raising Capital

When the property security for a loan is available, Jubilee is more able to arrange financing quickly even while the property is being refinanced or sold. This type of funding is useful when handling cash flow issues, tax payments, VAT or when assistance is needed for funding other business ventures.

Jubilee is able to handle multiple transactions if other funding is immediately moved into probate and can occur while a property is being retailed in the traditional manner. The speed witch which this financing is completed helps clients to draw the best possible deals, which makes them more easily recognised by professional advisors.

For Chain Breaking

When a borrower is having a hard time selling his or her current property but wishes to purchase and move to a new property as soon as possible, Jubilee can help. Short-term bridging loans can help borrowers to bridge the gap between selling their current property and purchasing a new one.

Using this method, clients are given a longer timeline to move their residential mortgage from one property to another. Once the older property is sold, the bridging loan can be repaid through the funds granted in the sale. This financing can also be used to release funds that are tied up in equity while refinancing or selling refurbished properties, leaving clients more able to move on to their next project.

Enquire Today About A Bridging Loan:

Jubilee specialises in providing clients with quick, efficient, short-term financing to help them fund their projects easily. When long-term financing is not an option, it may be time to consider bridging finance to meet your financial needs. Loans arranged through us are generally available within seven working days, which allows clients to secure better deals from sellers.

Whether financing is needed for an auction purchase, mortgage transfer or renovation project, Jubilee is available to meet our client’s needs.