Bridging Solicitors - Liverpool

If you’re in need of a short term loan to finance a conveyancing project, bridging could prove to be a valuable funding tool and we have the legal expertise to make it happen.

We won ‘Best Conveyancer’ at 2016 Specialist Finance Awards. Instruct us and you’ll find out why!

You’ve found the perfect property and need to get things sorted quickly! Bridging Finance could be the best way to achieve your goal.

By trusting GWlegal with your bridging, you’ll get:

  • Fixed costs (no hidden surprises)
  • 24/7 access to your case and any milestones on our GW Account
  • Regular updates by phone and/or in writing from our friendly staff
  • The peace of mind that comes with choosing a solicitor with Conveyancing Association and The Law Society accreditation

Bridging is a highly specialised area and therefore it is vital that you have the best in the business helping you along to make the whole process as simple and as straightforward as it can be.

Get a simple quote with no hidden fees, start your property transaction with GWlegal today

Click here to start

What is Bridging?

A bridging loan, or short-term loan as it is often known, is a method of refinancing a property or financing the purchase of a property for a short period of time, typically until the buyer receives an anticipated inflow of cash such as the sale of their existing property.

In other words, this short term secured loan ‘bridges the gap’ until the buyer is in a position to finance the purchase in a more standardised manner (e.g. with a standard mortgage).

When would I take out a Bridging Loan?

For the right client, in the right circumstances, bridging can be a valuable funding tool. There are many situations where bridging could offer a suitable alternative.

Short term loans are used for a number of reasons. These range from conventional bridging, which is where a homeowner wishes to purchase a new home but is unable to sell their current property, to auction finance or business loans.

Short term loans are generally suited to borrowers who want money quicker than can be obtained from mainstream lenders such as banks and building societies, or where they will not lend due to the current state of the property e.g. where it needs a kitchen or bathroom installed to make it habitable, or due to their underwriting criteria.

As the name implies, the loans are only suited to those who need the money for a short time. They are not suitable as a replacement for long term finance. The most important aspect of taking out a short term loan is making sure you can repay it by the due date.

Our experienced solicitors and advisors can also help with:

Get a simple quote with no hidden fees, start your conveyancing transaction with GWlegal today

Click here to start

Need to ask a question?

Submitting this form was unsuccessful. Please correct the errors and try again.
  • {{error}}

By submitting this enquiry you confirm you agree to GWlegal's Privacy & Security Policy and website Terms & Conditions. GWlegal will only contact you in relation to your enquiry and you will NOT be added to our marketing database. Additionally your information will NOT be shared with any third parties - your privacy and security is paramount here at GWlegal.

Thank you for your enquiry

We will contact you shortly.