The Financial Services Authority (FSA) regulates bridging Loans that include first charge on your Residential Property from The 31st October 2004.
The other kinds of bridging loans are not regulated by the FSA.
Easy Bridging Loans UK has associations with prominent banks and financial institutions. Thus, borrowers are able to get bridging loans of a large variety.
In order to ascertain the kind of advice that will satisfy the borrowers need, we first request them to ill a small questionnaire. The advice lent is confirmed in writing. Every borrower is advised to retain a copy of the advice with him.
Easy Bridging Loans UK, on a formal Offer of Advance, commonly known as bridging loan quote confirms details of the products applied for. Borrower is required to study the loan quote properly before consenting to it.
Easy Bridging Loans UK conducts a regular appraisal of the bridging loan market to prepare a pool of the most appropriate lenders to help us in lending. lenders who can provide customers a competitive product range and high standard of service are particularly preferred for association.
Easy Bridging Loans UK does not take the responsibility for delays that take place in the processing of bridging loan because of the product provider. Nevertheless, initiatives shown by Easy Bridging Loans UK in overseeing all parties including the lender, solicitor and estate agents to ensure all issues are dealt with in a timely manner. The bridging loan is made available as fast as possible.
All settlements made on account of fees are required to be made through cheques.
Easy Bridging Loans UK is required to verify the identity of borrowers according to Anti-Money Laundering regulations. No bridging loan offer terms will be produced until such verification has been obtained.
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