Short Term home Loans

It is like a mortgag, a credit that is " backed " against ownership.

Every kind of home ownership or real estate in the UK is a collateral for an intermediate credit. May I use the funds for any reason? It can be used to buy anything you want, not just for real estate use. All you have to do is prove that you can provide credit protection.

Which are bridge loans? An interim credit can be useful if you need to lend cash for a short period of inactivity. Usually they are used to finance a new home sale before your current home is for sale, or to help you buy a home under the thumb of an auctions.

Bridge loans are comparable to a very short-term hypothec. It is like a mortgag, a credit that is " backed " against ownership. Bridge loans can also be used as a straightforward alternate to loans in the main streets by using the funds for things other than buying a home, such as DIY work, a marriage or a new automobile.

Contact us today to determine your bridging credit needs.

Home Loans Foundation starts short-term leased products

The Foundation Home Loans has introduced a buy-to-let short-term rental service to the market, available only through the Legal & General's Mortgage Club. Available to private and public sector clients, the Assured Shorthold Tenancy (AST) contract is ideal for lessors wishing to let their property at short notice without the need for an Assured Shorthold Tenancy (AST) contract.

And Andrew Ferguson, business manager at Foundation Home Loans, said: "In view of the increasing trends in Airbnb offers, our new short-term rental service will give lessors more leeway as we move into the spring holiday period. 2 and 5 year interest rate starts at 2.99% and is available up to 75% LTV for corporations and private persons and no minimal incomes are needed.

The Foundation Home Loan default credit line applies to this instrument as well as the interest coverage levels in place, calculated on the basis of a default rent valuation. Commenting on the new agreement, Danny Belton, Director of Lending Relations, Legal & General Mortgage Club, added: "Foundation Home Loans have worked with Legal & General Mortgage Club and have provided this new premium offering following member comment.