We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
🔔 You've got till Monday to apply to become an MSE Forum Ambassador

Best Bridging Loans

troub
troub Posts: 4 Newbie
Hi, I am considering buying an unmortgageable property at auction, but will need some extra funding to complete the sale and repair the property to make it insurable. Anyone know of the best, safest or cheapest companies out there?

Your help would be most appreciated.:)

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    a bridging loan would not be applicable to this situation.
    if your personal financial situation is appropriate then you should apply for a personal loan
  • troub
    troub Posts: 4 Newbie
    Thanks for that. This is getting tricky. I need 46K which is beyond the scope of non home owner for a loan. I think I may wait for another property. But thanks anyway.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.8K Banking & Borrowing
  • 252.3K Reduce Debt & Boost Income
  • 452.6K Spending & Discounts
  • 241.6K Work, Benefits & Business
  • 618.2K Mortgages, Homes & Bills
  • 175.9K Life & Family
  • 254.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.