Easy Bridging Loans UK

What are the uses of bridging loans?
Borrowers are free to use the bridging loan proceeds in any way. The use of the bridging loan depends on the discretion of the borrower. From buying a house or property, the bridging loan amount can be used for holidays and weddings, too.

What is the amount I can borrow?
The amount lent as a bridging loan ranges from £25,000 to £500,000.

What form of collateral is desired for bridging loans?
First and second charge over your residential house and property will form the collateral for bridging loans.

What is the term of repayment allowed on bridging loans?
The term of repayment of bridging loans through Easy Bridging Loans UK ranges from one to six months. It will further extend up to 12 months on the borrower’s request.

I have bad credit. Can I apply for a bridging loan?
Bridging loans are available to borrowers with bad credit as well. Borrowers with all types of credit history discrepancies like CCJs, IVAs and bankruptcy are considered for bridging loans.

Can I apply for a bridging loan if I am self-employed?
Easy Bridging Loans UK does not restrict self-employed borrowers from using bridging loans. The arrangement wherein bridging loans can be repaid as soon as possible suits self-employed borrowers.