2nd Charge lending reaches over £1bn
- 19 December 2021
- Posted by: Editor
- Category: news
As of December 2021 second charge lending has reached £1.062 billion, its highest since £1billion in 2019. According to a report issued by Loans Warehouse in Q4 stated that second charge lending hit highs not seen since 2008. 32% of second charge loans consisted of consolidation and home improvements.
Call today and speak to one of our team for more information and help with finding the most suitable finance package that meets your needs and suits your specific circumstances.
Bridging Finance to break that chain…
Need a bridge until you can sell your current home, or simply release funds for another project…
Buy to Let Bridging
Buying at auction or a property for refurbishment?
A bridge can give you funds fast to complete that quick purchase…
Commercial Bridging Finance
Looking to buy a commercial property or need funds for another business purpose?
Borrow from £25,000 to £15,000,000
No matter how much you want to borrow, we will do our best to make it happen, without the fuss or headache.
Rates from as little as 0.37% per month
Lender’s rates change regularly, so we always scan the market to get the best rate for your specific circumstances.
Make use of our in-house accountants
Their expertise and experience are part of our service and at your disposal.
Helping you choose the right bridging finance for your home move or investment property
Find the right bridging finance at Lumi Bridging Solutions.
Contact us today for all your buy to let bridging finance, buy to let mortgage, commercial mortgage, bridging loan for house purchase, HMO purchase, emergency cashflow loans, auction finance, bridging loans for property development, bridging loan mortgage, business bridging loan, commercial development financing.
Buy to let Bridging finance for your investment property.
LUMI BRIDGING SOLUTIONS IS A TRADING NAME OF FEINGOLD FINANCIAL SERVICES LIMITED
Company registration number 05087823. FCA registration number 303451. Data protection registration number Z8766562
Registered office: Europa House, Barcroft Street, Bury, BL9 5BT.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE SECURED AGAINST IT.