Example of why people need bridging loans or short term finance

Short term bridging loans case studies

U.K. residents, when in need of short term finance, usually do so for a quite astonishing array of reasons. It is very rare that two cases are alike. Here we have listed just a few of our case studies. Due to data protection, names and addresses have been withheld. All of which have been recently completed.

Short term lending even if you have a mortgage

We are specialists in providing Second Charge Loans, meaning that we lend to people even if the borrower has an existing mortgage or remortgage. 'Mr O' required our assistance for a fast loan and our expertise in providing second charge loans in a hurry. Through missing payments he had built up substantial arrears with his mortgage company and they were seeking to repossess his property. We helped clear his building society arrears, which allowed the borrower to market his property and realise the true value of his house without it being repossessed.

Short terms loans and bad credit history or bankruptcy

Quick and Easy PLC is proud of the fact that we have lent and continue to do so, lend to many borrowers with bad or adverse credit ratings and history, which may include substantial credit and store card debt, mortgage arrears and CCJ's. We have even lent to borrowers who bankruptcy orders filed against them, as was the case with 'Mr U'. Quick and Easy PLC liaised with his Trustee in Bankruptcy and lodged with the courts sufficient funds to clear his Bankruptcy to get a quick loan.

Helping clients emigrate to sunnier climates with short term loans

'Mr & Mrs R' had agreed to purchase a dream property in Portuguese Algarve to spend their retirement in the sun and on the Golf course. Their home in Devon had sufficient equity even taking into account the fact that they still mortgage payments to take care of. We quickly and easily arranged a four-month short term loan to enable the property in Portugal to be purchased and allow their house to be sold through conventional methods under no pressure and with no rigid time scales.

Bridging finance helping property investors

'Mr C', a property investor had opted to buy a property in Brighton without planning consent. Quick and Easy PLC undertook a free valuation and we were able to advance an initial sum of £350,000. Once planning consent was obtained, we further advanced £200,000 against an increased valuation ensuring a quick loan.

Short term financing at property auctions

Quick and Easy PLC are experts in the field of Property Auctions. Quick and Easy PLC as well as having this web site,  advertise in many Auction Catalogues and has experienced and highly trained staff present at many property auctions. An example of one of many quick loans recently concluded on an Auction lot was to 'Mr P', who had purchased a commercial property in Chatham for £575,000. His conventional lender was unable to provide the finance for completion. Mr P would have forfeited his quite substantial deposit, however, Quick and Easy where on hand to organise a short term loan of £400,000 within four days. Another relieved and satisfied client benefiting from a quick loan from Quick and Easy.

Bridging loans for commercial use

'ABC Limited' owned a substantial freehold building in Edinburgh valued in excess of half a million pounds. The Director of 'ABC' needed to raise the amount of £350,000 in only three days. Quick and Easy PLC successfully completed the quick loan within forty eight hours, leaving a full day to spare. Another highly relieved client.