For the right person and in the right circumstances bridging finance can be a useful and convenient form of funding. Bridging finance can be obtained for instance where a property owner wishes to purchase a new home but is unable to sell their current property, or if you are close to completion on a property purchase and you need to raise funds.
Bridging loans can offer a suitable alternative but the alternative is short term which we would explain to you in depth. Call Ola Leslie Solicitors today for expert advice and assistance on bridging finance and how we can assist you in completing your property transaction as quickly, efficiently and diligently as possible. Our solicitors work on an electronic system as well as on a paper based system and use Blackberry; we are therefore always available (within reason of course!).
As well as acting for lenders and clients in London in relation to bridging finance we have acted for many nationwide.
Bridging finance / bridging loans differ to standard loans and mortgage offers and you will need a solicitor who is experienced in this field to act on your behalf to ensure that your transaction goes smoothly, efficiently and diligently.
Home visits for people with disabilities can be arranged to execute documents that need to be witnessed only by a solicitor and provide you with face to face advice if you reside within a reasonable distance of our offices. Some bridging lenders insist on having a qualified solicitor witness borrowers’ signatures on their documentation and some permit any independent individual to do this. It would be useful to query this with your bridging lender when you make your application so that you can be prepared for any arrangements that you may have to make when choosing which solicitor to instruct.
As solicitors we are not authorised to provide financial advice. If you wish to apply for a bridging loan please contact a financial advisor to discuss your options, alternatively we can recommend a financial advisor to you. If you have already reached this stage and now just need a reliable and proficient solicitor to carry out the legal process at a reasonable fixed fee, please contact us on 0207 183 0084 or firstname.lastname@example.org.
Ayesha Leslie, Partner
Ola Leslie Solicitors