GPS finance has a dedicated Bridging Finance Team and works with a specialist panel of lenders to source solutions for clients. Bridging finance is used as a short term solution secured against property or land to speed up a transaction while long term finance is obtained. It can be required for purposes such as a broken chain, auction finance, purchases below market value and purchases or refinance on properties needing refurbishment.
A repayment strategy must be in place when obtaining a bridge as it is and short-term option and can often be expensive.
Our specialist Bridging Finance Team works with a large panel of lenders to source the most suitable product for your client in a fast and flexible manner.
This product is perfect for developers Â who wish to release equity in a completed project prior to a sale having taken place.