Estate Agents no longer have to wait until registration for their hard-earned commission. Bridging Finance Solutions can advance up to 80% of the agent’s commission before registration once:
Benefits to estate agents:
One of the property industry’s biggest frustrations is the lengthy period it takes for the profits to be accessible after the sale of a property. Waiting for a property to be registered in the name of its new owner can be a tedious process, creating considerable setbacks in allowing you to access funds.
Once the buyer’s request for finance has been approved, Bridging Finance Solutions can advance up to 80% of your proceeds, enabling you to tap into your proceeds/profits faster before registration once:
• A successful sale agreement between buyer and seller has been concluded
• The purchase price has been secured
• All suspensive conditions about the sale have been complied with
Registering a further bond switching your bond to another bank, but funds will only be released on registration? Bridging Finance Solutions can advance up to 80% of bond proceeds where:
The following conditions apply:
Benefits to conveyancer:
Bridging Finance Solutions can advance transfer fees to conveyancers in the following circumstances:
If you are a beneficiary in a deceased estate and need an advance on your inheritance, settle inheritance tax bills or release funds earlier from a pending sale, often make improvements before purchase, and enable a maximizing of sale price under controlled sale conditions.
Bridging Finance Solutions can provide you with the required funds, which eliminates delays in the finalization of the estate.