We operate from Kenilworth as a Whole of Market Mortgage Broker and cover the Warwickshire and Oxfordshire areas. Commission is defined as payment made to us by lenders, insurers, product providersand operators of collective investment schemes. We give clients the option to pay by fee rather than commission. The level of fees will vary according to individual circumstances but will typically be £700. This amount would if paid in a fee, be refunded from the commission.
A Bridging loan is predominantly for use to complete on a new property before the current property is sold. A bridging loan can be used to purchase a new property to prevent waiting and possiblyfinding that the property has been sold to a third party. Providing there is equity in your current property a bridging loan can be secured on both the new property and existing property.
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