Residential, HMO and mixed use security.
About company
Worldwide Financial services
We offer bridging loans for commercial and residential use . We have international clients whom look to borrow anything from £100k to £25 million
Bridging loans can provide quick and flexible solutions for borrowers in a wide variety of circumstances. Every Bridging loan is different, each case presents its own challenges, and every borrower has their own priorities. We work hard to understand exactly what you require to help you secure a loan that will proceed smoothly and deliver the funds you need when you need them. We offer competitive rates and slick processing employing the latest innovative and secure technology, all backed by a dedicated and experienced team. Not only do we deal with Hight street banks but also Private lenders . We have been in the industry for 30 years
Our Bridging
OUR BRIDGING LOANS CAN BE USED FOR
Bridging Finance can be used for any number of reasons, too many to list in fact! To give a few examples, bridging can be used to bridge the gap between the purchase of a new property and the sale of an existing one, if you’re downsizing perhaps or buying at an auction. You may be looking to buy and improve or convert a property to let or sell on or thinking about restructuring the funding of a portfolio of properties to secure better terms or release capital. These are just some of the more common reasons customers choose Bridging Finance.
Features
Key features of WFS Bridging facilities
Loans from £100k to £15m FCA regulated and unregulated loans Loan term up to 12 months (regulated) & 24 months (unregulated) First, second and combination charges No early repayment charges Interest calculated daily No monthly repayments required Dual legal representation available Automated valuations used where applicable Light and Heavy refurbishment projects Fast Track process available for certain applications Our lending criteria These include:
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Land with planning considered.
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LTV up to 75%.
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Security property located in England, Wales and mainland Scotland.
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Individual, corporate and trust borrowers.
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Realistic and viable exit strategy.
