There are still a number of borrowers who would like to purchase a property, and who may have a reasonable deposit, but to whom the main stream lenders are saying no. The reasons are often due to credit issues or difficulty in substantiating income levels. A solution is to come to us and we can provide bridging finance for a year or two, to enable the borrowers to tidy up their financial affairs and prior to refinancing on to a main stream lender. This is a good solution, as it enables the borrower to purchase the property they want to now, and to get on with their lives.
