Chain breaking

If you are unable to sell your current property but have found a new property that you wish to move to BFS are able to provide a bridging loan secured against your current home in order for you to transfer your current residential mortgage to your new property. Once your current property is sold you simply redeem the bridging loan.

This is a traditional use of short term finance, and is also used to release funds from increased equity whilst refurbished properties are sold or refinanced in order to move onto another project.

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