Downsizing With A Bridging Loan

Downsizing With A Bridging Loan

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How Can a Bridging Loan Help Me Downsize?

If you have made the decision to downsize, a downsizing bridging loan can help with..

  • Getting funding without any lengthy processes
  • Giving you access to quick cash before the sale of your larger home
  • Reducing the risk of you losing out on securing your new property

A downsizing loan provides you with fast short-term finance to assist you with moving into a new property. With a typical downsizing loan..

  • You can borrow anything between £500,000 and £10 million
  • There is no age restriction
  • The loan is secured against an existing property, or one being purchased
  • There is no upfront application fee
  • 100% of purchase price plus fees and SDLT with requisite security

The downsizing of short term finance is for..

  • People moving house, downsizing from a larger valued property

Get your quote today!

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Downsizing With A Bridging Loan

The Financial Conduct Authority (FCA) may regulate your loan. If your loan is regulated we can deal with your application. It must be submitted through an FCA regulated intermediary.