Bridging loans are used if you are nearing completion of a property purchase and you do not have sufficient funds to complete that purchase. This process also applies if you are selling one residential property and purchasing another and the purchase of your new property goes through before you can sell your current property.

Bridging loans are used as a short term solution in such a scenario to enable you to complete your property purchase. Call one of our residential Conveyancing solicitors at PLS Solicitors today for expert advice and assistance on bridging finance and how we can help you complete your residential property purchase in a timely manner.

Bridging loans are used in a number of scenarios. Whilst bridging finance companies will generally charge higher rates of interest than an ordinary high street lender, they can take views which high street lenders cannot and tend to be quicker in releasing funds.

If you are taking out a bridging loan, this usually means that you need your transaction to be completed quickly. PLS Solicitors’s residential conveyancing team have a wealth of experience in this area of property law and we have helped thousands of people from across the country purchase a property with the aid of bridging finance. In particular we have completed residential purchases for people using bridging loans in the following areas:

• Knutsford
• Timperley
• Hale
• Hale Barns
• Didsbury
• Chorlton
• Wythenshawe
• Sale
• Longsight
• Wilmslow
• Alderley Edge
• Stockport

Our residential conveyancing solicitors work to ensure that your matter is completed as quickly as possible. We work on a paperless system and our conveyancing team carry BlackBerrys to make sure that we pick up any e-mailed correspondence and we can move your matter along expediently.

Although working with bridging loans requires more work than a simple residential mortgage, PLS Solicitors will not increase our fixed fees because our clients are the most important aspect of our business.

To discuss any bridging finance needs, call PLS Solicitors today on 0161 941 7449 or complete our online enquiry form and one of our bridging loans solicitors will be in touch promptly.

PLS Solicitors has a wealth of knowledge and experience in acting for bridging loan financiers and we have maintained and continue to grow excellent relationships with such companies.

Occasionally clients find out as they near completion of a residential property purchase that due to unforeseen circumstances they do not have sufficient funds to purchase the property. Another situation that would call for a bridging loan is if there is a limited timescale or that person is purchasing a residential property at auction. Call our bridging finance solicitors today on 0161 941 7449 or complete our online enquiry form and one of our property solicitors will be in touch shortly.

Bridging Finance Financiers

PLS Solicitors offers a cost effective solution to many bridging finance companies. We understand that you are looking for a quick turnaround and that you need to be constantly updated which is why our team will work tirelessly on your matter keeping you informed every step of the way.

PLS Solicitors have the legal charges required for bridging loan companies saved on their expert case management system. We also send the purchaser’s solicitors a complete pack informing them of exactly what they need to do. There is often complex paperwork involved when a bridging loan is concerned and as we are specialists in this area, we will offer advice to the buyer’s solicitors if necessary so that we can keep the matter moving along in a timely fashion.

PLS Solicitors act predominantly for bridging finance companies in the following areas:

• Timperley
• Hale
• Hale Barns
• Didsbury
• Chorlton
• Wythenshawe
• Sale
• Longsight
• Wilmslow
• Alderley Edge
• Stockport

Call PLS Solicitors today to see how we can help you, the bridging loan financiers, complete your matters quickly and cost effectively.