There is a demand for open bridging loans but you may find that there will be a more suitable loan that meets your requirements, contact Leapfrog Finance to see what we can find for you.
An open bridging loan is required usually for a property purchase where a mortgage is not yet in place.
The open bridging loan is paid back on the sale of the property or when a mortgage has been arranged.
There are issues to be raided with regards to an open bridging loan and theses can be discussed fully with Leapfrog Finance. We often find that alternatives are available which may be more appropriate and which do not become apparent until further investigations are made.
If you would like further details please do not hesitate to contact us on 0800 612 7729 or fill in a few details on enquiry form and have one of the Leapfrog Finance Advisors call you back, alternatively, email us at Enquiry@leapfrogfinance.co.uk