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Bridging loan with no proof of income for an expat
Bachinarium
Posts: 7
Forumite
in Loans
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
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
0
Comments
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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 "0
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It is for myself and I have been told by several brokers that it is possible. Mostly because I have invested 35% already.0
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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.0 -
Problem solved then. Arrange it through one of them.Bachinarium said:It is for myself and I have been told by several brokers that it is possible.1
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