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Jumbo Bridging is the leading UK provider of all large bridging finance loans, who specialise in the placement of all bridging deals over 250,000 with no upper limit – funded directly through HNW Investors, Family Offices & Real Estate Hedge Funds, meaning that we have an unlimited source of capital for your project.
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What Is A Bridge loan? bridge loans are temporary mortgages that provide a downpayment for a new home before completing the sale of your current residence. Many buyers today would like to sell.
A "bridge loan" is basically a short term loan taken out by a borrower against their current property to finance the purchase of a new property. Also known as a swing loan, gap financing, or interim financing, a bridge loan is typically good for a six month period, but can extend up to 12 months.
The parent company of Jumbo Bridging Finance and London Bridging, CAS FZ LLP, has fundraised 30m for non-status bridging loans, which among other projects, can be used for residential developments and HMOs. Chief executive of the Dubai-based firm, Christopher Dailly, said they had experienced a.