Bridging Loans | How Do Bridging Loans Work? | Bridging Finance Explained - a podcast by My Legal Club
from 2021-09-20T07:00:02
What is a Bridging Loan?
How Does Bridging Finance Work?
In this show, Jamie Pritchard Head of Sales at Bridging Specialists Glenhawk, explains what a bridging loan is and how bridging finance can be used as a solution to many property challenges.
- What is the difference between regulated and unregulated bridging loans?
- How can you plan and ensure you have the right exit?
- What can bridging be used for?
- What are Jamie's top tips for beginners, intermediaries, and developers?
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Learn more about how Glenhawk can support property developers here: https://themortgagebrokerclub.co.uk/broker-tools/glenhawk/
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The content of the show is for information purposes only, does not constitute advice, and is aimed at experienced regulated professionals in their field.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY. SOME BUY-TO-LET MORTGAGES ARE NOT REGULATED BY THE FCA. EQUITY RELEASED FROM YOUR HOME WILL ALSO BE SECURED AGAINST IT.
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