locogeoff
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| posted on 21/7/05 at 10:22 PM |
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Bridging Loans
Anyone know how much a bridging loan costs?
I can't be ar$ed filling out my life story on the net just to get an idea!
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JoelP
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| posted on 21/7/05 at 10:29 PM |
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expensive i think. Best bet is to find a good broker/financial adviser. They can explain the costs etc and advise. I have used a broker several times
in the past, if you want his number just ask. 
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stevebubs
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| posted on 21/7/05 at 10:43 PM |
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your bank should be able to give a good indication quite quickly (they already know everything about you)
Not cheap, though.
depending how much, it may be worth considering a few 0% credit cards.
[Edited on 21/7/05 by stevebubs]
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Mix
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| posted on 22/7/05 at 06:26 AM |
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Last time I needed to bridge I found a friendly bank manager and arranged a large overdraught instead. Much cheaper way of doing things if the bank is
agreeable.
Mick
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spunky
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| posted on 22/7/05 at 10:28 AM |
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loans
I just arranged a type of bridging loan this week.
Called a 'reserve' on my account. It costs £150 to set up and if when I decide to use it the interest is charged at base rate.
Didn't think it was to bad considering it was for a frighteningly large some of money.
Must exercise extreme self control.... 
John
The reckless man may not live as long......
But the cautious man does not live at all.....
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