For someone who has found their perfect new home or somebody moving in or out of the local area but has not yet sold or found a buyer for their own property, Then Bridging Finance could be the answer. Lakeland Finance has access to leading lenders who offer unique innivoative Bridging Finance products with extremely competitive terms and rates, enabling customers to secure their property purchase while they find a buyer for their own property or wait for the sale to complete.
We also offer Bridging finance to our Entrepreneur Landlord or Commercial customers who for example, may want to secure the purchase of a new Buy to Let property or Commercial premises which may need some work carrying out, before it can be occupied. Because this may not fit with some traditional lenders, or an existing lenders criteria, due to possible loan to value issues, or because you find a property where it is necessary to move swiftly to secure the purchase. Lakeland Finance Ltd has the ability to access some surprisingly attractive deals to help with the purchase and bridge the gap until the property can be refinanced on a longer term Buy to Let or Commercial Mortgage. For further details on how Bridging Finance works or if you would like to discuss a specific purchase, please contact us and we will be more than happy to discuss your requirements in further detail