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  • Mortgages & Finance

    Bridging appears to be getting cheaper !

    Just saw this and wondered if any one had used them before ?

    interbay at 0.44% with 2% arrangement fee

    http://www.bridgingandcommercial.co.uk/a...nt%20rates

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    Bridging finance is getting cheaper but as with mortgages you should always seek advice.

    The headline rates normally come with hefty upfront and exit fees and at low LTV levels.

    When using bridge finance it is important to factor in all associated costs as you will normally find the headline rate is not cheaper over a total cost to pay analysis for a set period

    People associate bridge finance as being expensive but if used correctly it can be a very cost effective low finance option for situations BTL lenders will avoid

    Research and due diligence are key

    Stephen – Property Tribes Financial Services

    01206 654444

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    You can contact me on 07919 564177 or call the team on 01206 654444 for personalised quote and advice or via the website at http://www.hdconsultants.net