fbpx Adverse Credit Bridging - LDNfinance

 

If you have an adverse credit history and are concerned about whether or not you can secure a conventional buy to let mortgage, at LDNfinance we help property investors with poor credit scores secure bridging finance from agile lenders with the necessary risk appetite.

 

– ADVERSE CREDIT BRIDGING FINANCE

Are you a property investor with adverse credit? You’ve come to the right place.

Adverse credit issues such as county court judgements (CCJs), late payments or defaults, can have a negative impact on bridging finance applications. That is unless you use an experienced, knowledgeable bridging finance broker such as LDNfinance. We have an extensive, trusted network of specialist and private lenders that either do not do a credit score check or can see beyond your history of bad credit and lend based on the value of the property used for the loan.

To discuss your circumstances in more detail, get in touch with our expert specialist finance advisers today.

 

Get in touch

 

Adverse credit bridging with LDNfinance

At LDNfinance, our well-connected brokers have a proven track record in obtaining adverse credit bridging, typically up to 80% of the value of the property you wish to purchase.

Our personable, well-connected brokers will sit down with you to understand your unique personal and financial circumstances. Your nominated LDNfinance broker will walk you through the bridging finance application process and let you know the information and documentation prospective lenders will require based on your adverse credit history, which may include mortgage arrears or CCJs.

Closed or open bridging loans for applicants with adverse credit histories

Given our extensive network of niche and private lenders, many of which are not available on the high street, we can hand-pick prospective lenders that are prepared to look past previous defaults and arrears. Some adverse credit bridging lenders will require other assets to be nominated for security, including high-value items and business equipment.

Your nominated LDNfinance broker can arrange a closed or open bridging loan. The former has a specified repayment date, while open bridging loans do not, but are expected to be repaid before the loan period expires. Most bridging finance lenders will demand a watertight exit strategy for applicants with adverse credit histories. This must be practical and easily achievable in the eyes of the lender. Your LDNfinance broker can work with you to design an exit strategy to repay the loan and is mutually beneficial to both you and the lender.

Enquire now Why LDNfinance

Let’s discuss your next exciting property investment opportunity and arrange a bespoke bridging finance solution that considers your adverse credit history.

LDNfinance Solutions Limited is authorised and regulated by the Financial Conduct Authority. LDNfinance Solutions Limited is a company registered in England and Wales (Company No. 10593737) with its registered office at Lynton House, 7-12 Tavistock Square, London, WC1H 9BQ. Trading Address: LDNfinance Solutions Ltd, 23 Finsbury Circus, London, EC2M 7EA.

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