Useful clip on how bridging is regulated with the term MCD Exempt. For all those that have read the LIBF textbook and are none the wiser www.archertraining.co.uk/CeMA...
Defo worth speaking to a qualified broker on this. Development finance, maybe a remortgage on your own home...there's many options and a good broker will talk you through your options. Check the FCA website for brokers local to you or use Unbiased.com
I’ve got a upper accommodation above a shop which is empty and I want to convert it into flats. Could I borrow a bridging Loan money for my build?
Defo worth speaking to a qualified broker on this. Development finance, maybe a remortgage on your own home...there's many options and a good broker will talk you through your options. Check the FCA website for brokers local to you or use Unbiased.com
If it’s a small bridging loan ($25k) , can I pay it off with my savings after 1-2 years , without selling my first house?
You'll have to check with your provider in the States
YEY!!!!!
No one ever talks about this side of learning about bridging