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Bridging loan with no proof of income for an expat

Hey guys,

I am seeking a hasty bridging loan due to a buy to let build I invested in nearing completion and lacking the funds to complete the contract. I have an income but I am self-employed with only my own personal accounts so not sure it would be sufficient evidence or not to satisfy their criteria. Therefore, I am probably going to require a loan that requires no proof of income. Also I am living abroad so that will be a factor.

Kind regards,

Bachinarium

Comments

  • Family or friend?  I don't believe any commercial, legitimate lender is going to lend you money in those circumstances
    "You've been reading SOS when it's just your clock reading 5:05 "
  • It is for myself and I have been told by several brokers that it is possible. Mostly because I have invested 35% already.
  • If it is such a good deal why don't the brokers arrange finance for you?

    From UK banking you stand no chance of getting a bridging loan IMO.
  • MEM62
    MEM62 Posts: 5,459 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    It is for myself and I have been told by several brokers that it is possible. 
    Problem solved then.  Arrange it through one of them.  
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