https://www.bridgingmortgage.co.uk Finding bridging finance where others can't Tue, 18 Mar 2014 13:01:32 +0000 en-US hourly 1 https://wordpress.org/?v=3.7.41 https://www.bridgingmortgage.co.uk/can-you-buy-a-house-at-auction-with-a-mortgage https://www.bridgingmortgage.co.uk/can-you-buy-a-house-at-auction-with-a-mortgage#comments Tue, 18 Mar 2014 13:01:32 +0000 http://www.bridgingmortgage.co.uk/?p=5468 Yes, mortgages can be used to purchase properties at auctions. However, doing this can often be a very complex process and you will need to know what you’re doing.
Firstly, you need to be clear on the fact that when you win a bid at an auction you are legally obliged to follow through with the purchase. A 10% deposit usually ...]]> https://www.bridgingmortgage.co.uk/can-you-buy-a-house-at-auction-with-a-mortgage/feed 0 https://www.bridgingmortgage.co.uk/bridging-loans-for-construction-projects https://www.bridgingmortgage.co.uk/bridging-loans-for-construction-projects#comments Tue, 17 Dec 2013 22:48:04 +0000 http://www.bridgingmortgage.co.uk/?p=5451 It has even easier when planning permission has already been obtained by the developer (e.g. building upon land that forms past of the estate of a residential property). This is because planning permission adds value to the land in the eyes of the developers.
If the property, once built, is ...]]> https://www.bridgingmortgage.co.uk/bridging-loans-for-construction-projects/feed 0