What can Bridging finance be used for?

You might be wondering what bridging finance can be used for?

Bridging loans are a type of short-term finance that is usually less than 12 months. These types of loans can be used by individuals or businesses.

The purpose of bridging loans is to ‘bridge’ the gap between the payment falling due and either the main source of finance being available, or funds being received from another source such as the sale of a property.

A great bridging loan example is that you have had your house on the market for a long time and it is not selling, and you need to move quickly, we can arrange bridging finance to bridge that gap.

We are experienced in offering all types of bridging finance from Residential bridging, Investment Bridging, through to development bridging loans and Auction finance.

Our Commercial Mortgage Broker Bicester has over 15 years’ experience in advising and arranging any type of commercial finance. We have a whole of market approach and use banks, building societies, private banks and commercial broker only lenders to finance our deals.

We service commercial mortgages across the whole of the UK and can arrange commercial mortgages ranging from Bridging finance for residential or investment purposes to any type of development finance, up to the popular serviced accommodation and Air B&B mortgages.

With our wealth of commercial knowledge, The Commercial Mortgages Store is renowned for exceptional customer service. We will make your commercial finance journey a hassle free one.

Why use our Commercial Mortgage Broker Bicester?

Often, it is a business owners’ goal to be able to own the property that they run their business in. So, a commercial owner occupier is just that. When rental prices are high, purchasing your commercial property will be financially beneficial investment.

Are you looking to purchase office space in Barnet and surrounding areas post-pandemic? At the Commercial Mortgages Store Bicester, we offer Business Mortgages. This may be exactly what you’re looking for.

When are Commercial Mortgages necessary?

There are numerous situations where a commercial owner occupier may need to take out a mortgage:

  • Business Expansion
  • Re-mortgage of commercial property from an existing lender
  • Purchase of a mixed-use commercial property, part trading the other part renting out to other companies
  • Purchase of a ‘trading businesses for the first time

Owner-Occupied Commercial Mortgages are looked at more favorably than investment mortgages, as the lenders feel there is less risk, offering a standard loan to value (LTV) of around 70-75%. So, a Commercial Mortgage for Office Space in Bicester may be what you and your business need.

About Us

The Commercial Mortgages Store is a member of the NACFB which means you are in safe hands with our Commercial Finance Experts.

We have over 15 years’ experience in advising and arranging any type of commercial finance. Furthermore, we have a whole of market approach and use banks, building societies, private banks and commercial broker only lenders to finance our deals.

Furthermore, we service commercial mortgages across the whole of the UK (not just Barnet!) and can arrange commercial mortgages. These range from Bridging finance for residential or investment purposes to any type of development finance. We can also help with the popular serviced accommodation and Air B&B mortgages.

We will make your commercial finance journey a hassle free one.

Contact Us

Book an appointment with one of our specialists at a date and time of your convenience. Initial consultations are free and last approximately 30 minutes. Please book your appointment by clicking here. For all other enquiries, please contact us here.