Bridging loans are well-known for speed and the ability of a borrower getting hold of funding in a short period of time. Speed is especially useful in the case of property auction purchases, as once an investor initially agrees to purchase property off auction, they only have 28 days in order to secure the property.
This case study demonstrates why West One are a reliable, quick and customer-focused lender as they are able to help provide a first-time borrower with the funds they needed to secure a property at auction, within 2 weeks from the initial enquiry.