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What is bridging loan
Bridging loan
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Terms & Conditions

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 borrower’s needs, we first request him to fill and submit a small questionnaire. The advice is confirmed in writing. Every borrower is advised to retain a copy of the advice.

Easy Bridging Loans UK, on a formal Offer of Advance, commonly known as a bridging loan quote, confirms details of the products applied for. The 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 with 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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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A
MORTGAGE OR ANY OTHER DEBT SECURED ON IT

A fee between 0% and 10% of the loan may be charged on some plans
depending on credit history and ability to prove income.
Example: Loan of £15,000: 120 monthly repayments of £204.66, 10.4%APR variable
Loans secured on residential property.