BESPOKE BRIDGING LOAN

& SHORT TERM LENDER

FIRST CHARGE

BRIDGING LOANS

KNOWLEDGE BASE

A   bridging   loan   is   an   ideal   tool   for   those   that   need   to   unlock   money   from   property   quickly.   Whether   it’s   to   access   funds   to   purchase   an   investment property or to resolve a pressing creditor issue bridging loans can provide a quick and effective solution. There   are   many   reasons   why   businesses   and   individuals   decide   to   opt   for   a   short-term   business   or   bridging   loan,   but   what   exactly   is   a   first   charge bridging loan? A   first   charge   bridging   loan   is   the   primary   loan   secured   against   either   residential   or   commercial   property   and   sometimes   on   land.   This   loan   takes precedence over any other finance secured against the property. First   charge   bridging   loans   can   potentially   be   offered   to   higher   loan   to   values   (LTV)   than   any   subsequent   charges   but   when   the   LTV   on   a   first   charge mortgage or loan is low it opens up the possibility of a second charge bridge. By   granting   a   first   charge   against   their   property   the   borrower   gives   the   lender   the   right   to   repossess   and   sell   their   property   to   repay   the   loan   if repayment terms are not adhered to. First    charge    loans    can    only    be    secured    against    properties    with    no    other    loans    secured    against    them.    Such    properties    are    referred    to    as unencumbered.   A   flexible   and   adaptable   form   of   finance,   first   charge   bridging   loans   are   a   popular   choice   for   borrowers   who   need   to   act   quickly, either to release liquidity in order to take advantage of a time limited opportunity or to resolve an emergency creditor situation. Still unsure and need to explore your options? Why not consult an expert? Central   Bridging   are   bridging   loan   specialists   with   a   great   track   record.   We   are   a   principal   lender   offering   a   range   of   loan   facilities   for   business   use from £250K to £2.5M over periods from 3 to 24 months. Our loans are secured on freehold property across England and Wales. Crucially   you   will   always   speak   to   a   decision   maker   who   will   take   time   to   understand   you   and   your   situation   and   unlike   some   of   the   bigger   banks   will then tailor a solution that best suits your needs rather than their own. For a confidential discussion in the first instance contact us on:   Tel 03332 400 506   Email enquiry@centralbridging.co.uk Online
Central Bridging, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU Tel: 03332 400 506   Email: enquiry@centralbridging.co.uk   Web: www.centralbridging.co.uk Central Bridging is a trading style of Central Bridging Loans Ltd. Registered in England & Wales | Company Registration Number 07728274. Central Bridging is not regulated by the Financial Conduct Authority (FCA). All loans arranged by Central Bridging are non regulated contracts as defined under The Financial Services and Markets (Regulated Activities) Order 2001 and the Financial Service and Markets Mortgage Credit Directive Order 2015. © Copyright Central Bridging Loans Limited Privacy Policy
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BESPOKE BRIDGING LOAN

& SHORT TERM LENDER

A   bridging   loan   is   an   ideal   tool   for   those   that   need   to   unlock   money from   property   quickly.   Whether   it’s   to   access   funds   to   purchase   an investment   property   or   to   resolve   a   pressing   creditor   issue   bridging loans can provide a quick and effective solution. There   are   many   reasons   why   businesses   and   individuals   decide   to   opt for   a   short-term   business   or   bridging   loan,   but   what   exactly   is   a   first charge bridging loan? A   first   charge   bridging   loan   is   the   primary   loan   secured   against   either residential   or   commercial   property   and   sometimes   on   land.   This   loan takes     precedence     over     any     other     finance     secured     against     the property. First   charge   bridging   loans   can   potentially   be   offered   to   higher   loan   to values   (LTV)   than   any   subsequent   charges   but   when   the   LTV   on   a   first charge   mortgage   or   loan   is   low   it   opens   up   the   possibility   of   a   second charge bridge. By   granting   a   first   charge   against   their   property   the   borrower   gives the   lender   the   right   to   repossess   and   sell   their   property   to   repay   the loan if repayment terms are not adhered to. First    charge    loans    can    only    be    secured    against    properties    with    no other   loans   secured   against   them.   Such   properties   are   referred   to   as unencumbered.   A   flexible   and   adaptable   form   of   finance,   first   charge bridging   loans   are   a   popular   choice   for   borrowers   who   need   to   act quickly,   either   to   release   liquidity   in   order   to   take   advantage   of   a   time limited opportunity or to resolve an emergency creditor situation. Still   unsure   and   need   to   explore   your   options?   Why   not   consult   an expert? Central   Bridging   are   bridging   loan   specialists   with   a   great   track   record. We    are    a    principal    lender    offering    a    range    of    loan    facilities    for business   use   from   £250K   to   £2.5M   over   periods   from   3   to   24   months. Our    loans    are    secured    on    freehold    property    across    England    and Wales. Crucially   you   will   always   speak   to   a   decision   maker   who   will   take   time to   understand   you   and   your   situation   and   unlike   some   of   the   bigger banks   will   then   tailor   a   solution   that   best   suits   your   needs   rather   than their own. For a confidential discussion in the first instance contact us on:   Tel 03332 400 506   Email enquiry@centralbridging.co.uk Online
Central Bridging, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU Tel: 03332 400 506  Email: enquiry@centralbridging.co.uk Web: www.centralbridging.co.uk Central Bridging is a trading style of Central Bridging Loans Ltd. Registered in England & Wales | Company Registration Number 07728274. Central Bridging is not regulated by the Financial Conduct Authority (FCA). All loans arranged by Central Bridging are non regulated contracts as defined under The Financial Services and Markets (Regulated Activities) Order 2001 and the Financial Service and Markets Mortgage Credit Directive Order 2015. © Copyright Central Bridging Loans Limited Privacy Policy
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FIRST CHARGE

BRIDGING LOANS

KNOWLEDGE BASE

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