43 Telegraph Road, Heswall, Wirral, CH60 0AD
0151 342 3084

Loans

Independent Mortgage Advisers

Here at Concept Mortgages we can arrange a choice of either secured loans or bridging loans.

Shown below are some are some of the differences in these loan types.

Secured Loan

“A secured loan is a loan whereby a borrower pledges some asset (commonly property) as security against the loan.”

With a secured loan you can usually borrow from £3,000 to £50,000, some lenders will consider lending up to £100,000.

The amount borrowed is repaid monthly over a term agreed at the outset, which will usually range between 3 and 25 years.

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Bridging Loan

WHO IS A BRIDGING LOAN SUITABLE FOR?

A Bridging Loan is an excellent source of secured, short-term finance that can be arranged very quickly. It is suitable for those buying property in auctions, funding the time between buying a new
home and selling an old one, buying a property for renovation and a quick re-sale or any purpose
where short-term cash flow assistance is required.

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Find out more today…

Call our enquiry line on 0151 342 3084 and speak to one of our mortgage experts who will be able to help you further.

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Simply fill in the form below or call us on 0151 342 3084 and one of our team will be on hand to hep and advise you.

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