Conversions.

Get finance for your buy to let. Talk to the experts.  

20 Years 

Experience.

20  

Approved.

80,000+ Satisfied Customers

Credit Repair Specialists.

Why use us?

Process

 

We will be in touch to seek further information about your case and discuss options available to you. 

2

3

Mortgage Offer

 

Experienced administrators work with you to provide the lender with all the details required to obtain a mortgage offer.

The Process For Your Mortgage.

Enquire
 
Complete our 2 minute mortgage availability check.
 

3 Simple Steps.

1

How it works and what you need to know:

Bridging loans provide immediate cash flow so you can quickly fund investment in property.   

It can be used to remedy a lack of finance and so ‘bridge’ the gap when carrying out one of the following:

 

  • ​Residential purchases (chain breakers)

  • Commercial property purchases

  • Purchases at Auction

  • Refurbishment and renovation of unmortgageable properties

  • Self Build

Seek specialist advice to ensure you get the finance you require, and products without lenders fees and redemption penalties.

 

When is a Bridging Mortgage useful?

 

For example, if you are currently living in a house worth £300,000 and have a mortgage to the value of £150,000, and want to move into a house worth £400,000 within a short time frame, a bridging mortgage may prove useful. This is because you may not be able to apply for another mortgage until current home is sold. Also, it can take a long period to sell a home due to administration and market forces, hence a bridging loan would cover you for that period of time. 

Bridging Mortgage rates of interest.

Bridging mortgages usually charge a higher rate of interest than traditional mortgages due to the short nature of the lending. This does depend upon the lender as rates can vary quite dramatically. Therefore, it is recommended to seek expert advice so you can receive a mortgage with the lowest possible rate.  

 

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Manor Mortgages Direct is a trading name of Manor Mortgage Services Direct Limited.

Manor Mortgage Services Direct Ltd is authorised and regulated by the Financial Conduct Authority (Ref.496907). We normally charge a fee of £49 for research and a further fee of up to £995 depending on the amount of work involved.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.